The importance of risk data

Op risk managers must prepare for much greater regulatory demand for real-time data

Marcelo Cruz

In January 2013 the Basel Committee on Banking Supervision released a paper, after a period of industry consultation, entitled "Principles for effective risk data aggregation and risk reporting". This paper could be revolutionary for risk management as it gives to risk data an importance comparable to accounting data in a financial institution.

Having accurate risk information is fundamental and the 2008 crisis showed that very clearly. Recent media reports on the five-year anniversary of the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here