Explore an innovative open source architecture for modernizing market risk management in this 28-minute conference talk by Aric Rosenbaum and Marius Bogoevici from Red Hat. Discover how financial institutions can address challenges such as complex regulatory calculations, explosive data growth, and limited on-premise compute capacity. Learn about a forward-thinking solution that leverages hybrid cloud technology, DevSecOps practices, and event-driven architecture to scale risk management, accelerate model deployment, and improve auditability. Gain insights into the benefits of open source in risk management, various risk types, Value at Risk concepts, and process improvements. Understand the journey towards implementing intelligent orchestration and hybrid cloud solutions for more efficient and transparent risk management practices.
An Open Source Architecture for Modernizing Market Risk Management