Deutsche Bank Selects LSEG Compliance Solution

Deutsche Bank has chosen the London Stock Exchange Group’s Trade Discovery compliance solution as it seeks to meet increasingly rigorous regulatory demands. According to a story in The Trade news, the solution is specifically set to help with Fundamental Review of the Trading Book (FRTB) demanding data requirements – wherein the body requires those institutions which implement rules via their own market risk models, to access reliable data. Namely, accurate and comprehensive data – specifically regarding cross-asset class financial instruments traded in regulated and over-the-counter (OTC) markets. Currently, the largest FRTB data gap comes from OTC products – where LSEG’s coverage comes into play across both OTC and exchange traded derivatives instruments. Specifically, LSEG’s Trade Discovery offering aggregates data across: rates, credit, FX and equities.