Meeting the Principles of Effective Risk Data Aggregation and Risk Reporting

One of the most critical regulatory challenges is the Basel Committee on Banking Supervision (BCBS) 239 principles. Created by the Basel Committee and the Financial Stability Board (FSB), BCBS 239 provides guidance on how banks should execute risk data aggregation and reporting.   This document describes the challenges of operationalizing BCBS 239 principles and the components of an effective risk data management infrastructure. It also discusses how Teradata offerings can help financial institutions effectively embrace the BCBS 239 principles, for regulatory compliance while using the infrastructure to accelerate competitive business insight and agility.