Case Study

China CITIC Bank Rapidly Implements SS&C Algorithmics FRTB Solution

The China CITIC Bank case study showcases the rapid implementation of the SS&C Algorithmics FRTB Solution, emphasizing the drive for efficiencies and best practices. Facing the challenge of complying with FRTB and managing Basel III market risk capital, China CITIC Bank sought a straightforward yet scalable solution. The case study details how Algorithmics provided extensive support, helping define boundaries, designing efficient software, and leveraging a mature data structure. The bank achieved benefits such as automated sensitivities generation, drill-down reporting, SA additive decomp, and what-if analysis. The successful deployment within six months exceeded expectations, ultimately enabling China CITIC Bank to meet regulatory requirements and gain complete control over allocated capital numbers.