enterprise data management

BCBS 239 Risk Exposure

Sign up for our Newsletter

  • Get the latest GoldenSource news and content delivered directly to your inbox! Just type your email in the box below and we'll handle the rest.


Check out some of our content here:

Blog – BCBS 239 Principles: An Incomplete Compliance Project

BCBS 239 Risk Exposure - A Data Centric View of Risk Management

2020 is a true test for BCBS 239 principles and practices, even though banks have been operating under those same principles since 2016. Completeness of compliance varies among the world’s global and domestic systemically important banks (G-SIBs and D-SIBs). Regardless of their state of readiness, all banks face an immediate test of their ability to access, analyse and report on risk exposure. The faster a bank understands its exposures to the most vulnerable businesses, industry sectors and geographies, the sooner it can reduce or mitigate risk.

The BCBS 239 principles for risk data aggregation and risk reporting (RDARR) were developed in response to the 2008 financial crisis. The economic outlook for 2020 includes the likelihood that many more businesses than usual will cease trading, global firms among them. Understanding a bank’s group-wide exposure to all trading entities of a vulnerable business is a critical first step to taking whatever action is possible to avoid or reduce losses, or at the least to set aside a prudent but not excessive capital reserve.

As ever, the availability of validated data is critical for the effectiveness of a bank’s BCBS 239 RDARR processes.

To learn more about what GoldenSource can do for BCBS 239, check out our solution page here