On the RDARR: Enhancing Risk Data Aggregation and Risk Reporting
Key Takeaways
- Banks of all sizes can use BCBS 239 as a guide in building operationally efficient and resilient risk data aggregation and risk reporting (RDARR) practices
- The principles also can influence regulatory reporting, financial reporting, RRP, operational reporting, and your work with third-party data providers
- A centralized ecosystem that serves as a governing hub to define, execute, monitor, and assess work can enhance RDARR programs
Length
6 pages
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