Deutsche Bank Adopts LSEG’s Trade Discovery for FRTB Compliance

Deutsche Bank has chosen LSEG’s (London Stock Exchange Group) Trade Discovery solution to support compliance with the Fundamental Review of the Trading Book (FRTB) regulation. This decision aligns with the bank’s commitment to meet stringent regulatory requirements related to market risk models.

The FRTB regulation mandates that financial institutions using their own market risk models must access accurate and comprehensive data across various financial instruments traded in both regulated and over-the-counter (OTC) markets. To meet these demands, Deutsche Bank has turned to LSEG’s Trade Discovery solution, which aggregates critical data from a wide array of sources, including both transparent and opaque OTC markets and regulated exchanges.

Deutsche Bank Adopts LSEG’s Trade Discovery for FRTB Compliance

LSEG’s extensive coverage includes exchange-traded and OTC derivatives through its partnerships with key providers such as LCH, Tradeweb, Fenics Market Data, and Parameta Solutions. The solution provides access to billions of data points across multiple asset classes, including rates, credit, FX, and equities, spanning various global jurisdictions.

Designed to meet the complex data requirements of FRTB, Trade Discovery has undergone independent audits to ensure its accuracy and regulatory compliance. This offers Deutsche Bank—and the broader financial market—confidence in the reliability of the data.

Fausto Marseglia, Head of Product Management for FRTB and Regulatory Propositions at LSEG, expressed his enthusiasm, stating: “We are excited that Deutsche Bank has chosen our Trade Discovery solution for their FRTB needs. With our broad data coverage and trusted partnerships, we are confident that we can help Deutsche Bank meet the complex requirements of FRTB.”

Piers Robson, FRTB Initiative Director at Deutsche Bank, added: “LSEG’s Trade Discovery solution provides us with comprehensive and trusted data to ensure our market risk models comply with regulation while supporting our fixed income business in retaining its competitive edge in a dynamic market.”

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