Practical data management for risk data aggregation and bcbs 239 compliance second edition ebook zhao xu amazonin kindle store. Risk data aggregation rda principles call for strong data governance and data aggregation capabilities this book provides detailed analysis of these principles and gives readers better understanding the requirements called fro by these high level principles this second edition of practical data management for bcbs 239 added 5 chapters to . The bank of international settlements bis publishes their bcbs 239 reports to show progress towards adopting the principles for effective risk data aggregation and risk reporting effective data management and compliance with bcbs 239 principles is a firm wide responsibility this page provides our key takeaways for banks. Abstract of principles for effective risk data aggregation and risk reporting january 2013 the financial crisis that began in 2007 revealed that many banks including global systemically important banks g sibs were unable to aggregate risk exposures and identify concentrations fully quickly and accurately this meant that banks ability to take risk decisions in a timely fashion was . O risk data aggregation capabilities o risk reporting practices o supervisory review tools and cooperation 21 risk data aggregation capabilities and risk reporting practices are considered separately in this paper but they are clearly inter linked and cannot exist in isolation high quality risk management reports rely on the existence