Risk Data Preparedness Low, But Rising, Survey Finds

Deloitte Global research sees increasing challenges, but more effectiveness on risk infrastructure

Deloitte London office
Deloitte's London office

Compliance with regulatory demands concerning risk data, such as data quality and aggregation, Solvency II, Markets in Financial Instruments Regulation (MiFIR), Options Clearing Corporation standards and others, is proving difficult for some firms, according to a survey of chief risk officers from 71 firms with aggregate assets of $18 trillion, conducted by Deloitte Global from August to November last year.

When naming compliance challenges, 62 percent of respondents said risk information system

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