Banking Alert! Deloitte’s FRTB front-to-back advisory services

The impact of the fundamental review of the trading book (FRTB) will be felt well beyond risk, with front office, finance and IT all heavily affected. Implementation of the guidance requires not only an understanding of the immediate impacts, but also insight into potential long-range challenges, including capital impact, optimization, and business strategy, P&L attribution and non-modellable risk factors (NMRFs), IT implementation, and target operating models.

To address these challenges, banks have looked to Deloitte’s FRTB front-to-back advisory services over the past four years for a refreshing approach to FRTB implementation.