Asset Control: Key Risk Data Aggregation Architecture Required For Basel III Compliance
Introduction
Representing a sea-change for the financial sector, The Basel Committee on Banking Supervision (BCBS) has focused on strengthening risk data aggregation and reporting capabilities at key financial institutions. The resulting paper, Principles for effective risk data aggregation and risk reporting presents fourteen principles designed to enhance risk management and decision making processes at banks. The ultimate objective is to enhance their ability to identify and manage
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