Banks are constantly evaluating their ability to meet stringent regulatory asks, create operational efficiencies and deploy the right technology platforms in a rapidly evolving trading and risk landscape.

But, for most, regulatory mandates overshadow the much-required transformation plans, especially as they look to rein in costs.

Though banks are consolidating, decommissioning and customising legacy platforms to reduce infrastructure downtime, digitalisation of trading and risk platforms has been slow.

The transition to a next-generation architecture still revolves around policy, governance, data, processes, and alignment across the front-office, risk and finance functions.

Banks need a target operating model that enables convergence of front-office, risk and finance models and processes, embeds a robust data architecture, and embraces cloud and advanced analytics across the value chain.

This whitepaper delves into the trading and risk infrastructure of banks, providing recommendations and highlighting challenges.