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The REGTECH Book
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The REGTECH Book

by Janos Barberis, Douglas W. Arner, Ross P. Buckley
August 2019
Intermediate to advanced
392 pages
14h 11m
English
Wiley
Content preview from The REGTECH Book

How Banks Are Managing Their Risk Through Technology and Market Infrastructure

By Kinsuk Mitra1

Global Director and Head of RegTech, Risk and Compliance, HCL Technologies

With the regulatory technology (RegTech) landscape set to change dramatically over the next few years, you will have winners and losers. This is what the following chapter will explore, as we explain how RegTech will impact banks’ daily business, service levels, and operating models.

Following Lehman Brothers’ default in 2008, which was triggered by significant exposure to over-the-counter (OTC) derivatives, governments and regulators have continued to take steps to derisk the OTC market. The common goal has been to reduce the threat of counterparty failure and to avert another financial crash.

The Markets Post Lehman Brothers

The reformation of the financial markets following the global financial crisis has had a deep effect on how collateral is used and managed, with restructuring of the market not yet complete.

Questions that need to be answered are: will collateral fall short in the future? What is the future of collateral management? What changes can participants make to their existing infrastructure, information technology (IT), and services? What will be the role of third-party service providers?

Basel III

In a post-Basel III world, banks have been reassessing how they manage liquidity and working capital in order to comply with a plethora of liquidity monitoring requirements. The key ratios include ...

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Publisher Resources

ISBN: 9781119362142Purchase book