The stress testing regime that has spurred risk data aggregation efforts is also driving firms to devote more resources to managing the data needed for the testing, according to a survey of risk ...

The Basel Committee on Banking Supervision (BCBS) report on the progress of compliance with its BCBS 239 risk data aggregation principles, which was issued in January, includes a statement that global ...

The principles laid out in BCBS 239 set a high standard for risk data aggregation and reporting as well as a rather challenging timeline for implementation. At a minimum, BCBS 239 raises the standard ...

The last financial crisis has taught us many lessons, with one of the most significant being the importance of data risk management. And while the BCBS 239 paper’s 2016 deadline feels like a concern ...