Case Study: Erste Group achieves timely, cost-efficient FRTB compliance with ActiveViam

Achieving FRTB Compliance on Time and Under Budget with ActiveViam

Erste Group, a major Austrian financial institution, was challenged to meet the complex regulatory requirements of the Fundamental Review of the Trading Book (FRTB) in a cost-effective and timely manner. They needed a solution that could scale efficiently, integrate with their existing architecture, and manage vast volumes of data for detailed and frequent regulatory reporting. To achieve this, they selected the FRTB Accelerator from their existing vendor, ActiveViam, leveraging their ActivePivot platform.

ActiveViam implemented its FRTB Accelerator, providing a seamless end-to-end integration with Erste Group's systems. The solution delivered comprehensive daily analysis, enabled drill-down to the single trade level in seconds, and met all regulatory reporting deadlines. This not only achieved full FRTB compliance on time and under budget but also significantly enhanced the bank's risk analytics capabilities, allowing for agile "What-If" analysis and reducing the bank's reliance on spreadsheets.

Erste Group

Marcos Heerdt

Head of Trading Book Risk Analytics