| Data Strategy: The Foundation of Superior Risk Management |
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| Wednesday, 19 January 2011 |
| InteDelta White Paper |
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In four case studies, InteDelta, a risk management consultancy specializing in the major risks faced by financial institutions including credit risk and market risk, presents how a sound data strategy can enable effective risk management.
"Effective risk management depends on the ability to calculate meaningful measures of exposure and to present an-enterprise wide ‘dashboard' view to management so that risk directly informs management thinking. The foundation of an effective risk management process is data; only with access to data representing an institution's position relative to the markets in which it operates, the counterparties with whom it deals, the integrity of its operations and the regulatory framework with which it must comply can meaningful risk analysis be conducted. Meeting the challenge of gathering, cleansing, transforming and aggregating internal and external data from many sources in many formats at all points in time is therefore critical for the achievement of market-leading risk management."
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InteDelta White Paper : The Foundation of Risk Managment
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