Risk engine deutsche bank full#

Establishing these standards, and driving necessary tax and securities law reform, will provide the keystone for a new and improved post-trade landscape that can compare with the likes of Amazon in the retail industry. вЂњWithout standardised laws, rules and practices devised with todayвЂ™s market in mind, the industry will have to continue settling for the status quo.

Risk engine deutsche bank full#

вЂњWe must also look at renewing the regulatory agenda to further increase transparency while accounting for new participants and new technologies. The publication also noted a key milestone in Deutsche Banks market risk management: Arguably as important was a less visible change to the banks risk architecture: namely, its 2019 switch to the full revaluation historical simulation methodology for its market risk VAR calculations. вЂњEmbracing T2S harmonisation is just the first step,вЂќ adds Johnson. These include the cost of investing in new infrastructure and the existence of country-specific implementation that create an uneven playing field.

Yet there are also remaining barriers to a harmonised post-trade industry, notes the report. Participants are rightly calling for this gap to be bridged.вЂќ Barriers to progressД®uropeвЂ™s TARGET2 Securities (T2S) initiative вЂ“ the new securities settlement engine which aims to offer centralised delivery-versus-payment settlement in central bank funds across all European securities markets вЂ“ as well as the EurosystemвЂ™s planned consolidation of T2S with Target2 (T2), are paving the way to some extent. While Amazon can fulfil orders the same day they are made, securities still take two days to be credited to the beneficiary. вЂњHowever, we need to ask if itвЂ™s taken us far enough towards the efficient and transparent system we need. вЂњPost-trade has undergone an extensive revamp in the years since the financial crisis of 2008,вЂќ says Emma Johnson, director, regulatory and market initiatives, Deutsche Bank Securities Services and co-author of the white paper. A newly-published white paper issued by Deutsche Bank вЂ“ вЂTransitioning into the future of securities post-tradeвЂ™ вЂ“ evaluates the progress of harmonisation initiatives for post-trade securities settlement and explores what needs to be done to bring processes in line with modern expectations.ДЄ standardised interface for investors, coupled with uniform rules and regulations, are needed for the post-trade industry to make the leap to operating at the same level as Amazon, the paper argues.