FRTB
Eclipse Free BIRD Tools introduces Ecore4Reg as a means for Regulatory experts to easily describe and collaborate on
machine readable requirements documents without programming experience.
As a showcase of Ecore4Reg we use it to record the requirements for the FRTB Sensitivities Based Approach regulations, which is amongst the most complex regulations existing.
We hope that this will be a valuable open free tool for model validation for banks testing their FRTB solutions
FRTB data model and Process model
We show below the FRTB datamodel derived from the regulatory requirements, and the workflow of processing.
The Ecore4Reg text files are available on
Github
You can install the Eclipse Free BIRD tools application and open FRTB as an example by following the instructions on the Eclipse Free BIRD Tools
Wiki
