Big data is changing risk — and could bend US trading rules

Introducing the central risk book, the all-knowing brain that makes banks’ risk-taking more efficient. Could it also be quietly used for prop trading?

Revolutionary new data-driven techniques are transforming how banks manage their risk, but traders and quants working with the new system are worried that these innovations may be putting them at odds with a US ban on banks trading on their own account.

Author: Samuel Agini


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s