

The financial services industry is at a pivotal point in time. What was once built on face-to-face meetings, extensive paperwork, and manual processes is now being rapidly reshaped by digitisation. Consumers expect seamless digital experiences in every aspect of their lives—banking, shopping, healthcare, and now, wealth management. This shift is redefining customer expectations, rendering traditional performance metrics obsolete, and fundamentally altering what drives profitability.
The Fundamental Review of the Trading Book (FRTB) is a set of regulatory standards developed by the Basel Committee on Banking Supervision (BCBS) as a part of its broader Basel III framework. FRTB aims to address shortcomings in the existing trading book framework, enhance risk management practices, and ensure that banks hold sufficient capital against their risk exposures. In this paper, we will be addressing the new FRTB rule, what it is, and its impact on organisations.