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Avantage Reply presents on BCBS 239 Risk Data Aggregation

Financial Services

​In January 2013, the Basel Committee on Banking Supervision (“BCBS”) issued a set of Principles to improve banks’ risk management practices, decision-making processes and resolvability (BCBS 239).

Drawing on the lessons learned with their clients in Belgium, France, Germany Italy, Luxembourg, the Netherlands, and in the UK, Avantage Reply set out pragmatic solutions to address implementation issues faced by institutions.

Avantage Reply will in turn address:

  • The bank’s understanding of the data lifecycle
  • The flexibility of the data architecture
  • The adequacy of the architecture
  • The efficiency of the reporting framework

and discuss how innovative, pragmatic and technology-enabled solutions can make the journey to BCBS 239 compliance less daunting.