bcbs risk data aggregation 239 infographic
TRANSCRIPT
Risk data aggregation: P3 - P6
Risk reporting: P7 - 11
Governance and infrastructure: P1, P2
on theriskreportingprinciplesthan they
generally assignedthemselveshigherratings
did onriskdataaggregationprinciples
[BIS progress report: Dec 2013]
Only
6%GSIBs can provide firm wide reports on risk profile intraday
[EY: Oct 2014]
BIS report Dec 2013:principles with lowest reported complianceP2 - Data architecture /
IT infrastructureP6 - AdaptabilityP3 - Accuracy / integrity
Bank principles for BCBS 239 are built around:
Profiling Bank Risk DNA
Banks profits penalised by up to 10%
as a result of poor data[Oliver Wyman: Sep 2014]
Risk data profiling: How well do bankers understand their
risk data universe
Moderate
Quite complete
Verybad
Not sure
40%
12%
[Markit survey: Nov 2014]
36%
12%
25% Not at all
58% Yes, partially
17% Yes, fully
Data lineage: who touched what when where
Bank’s confidence in ability to track data charges
[Markit survey: Nov 2014]
BCBS 239 AT A GLANCE
Illustration: Mark S
amb
rook
To download the full report visit www.markit.com/BCBS239