Stress Tests, Data Aggregation Get Bigger Parts in Risk Management

sanjay-sharma-rbc

Stress testing will play an increased role in the industry's efforts to meet the principles set out in the Basel Committee on Banking Supervision's BCBS 239 recommendations, and aggregating the risk data necessary to follow those principles will be a three-layered challenge that will have to connect multiple sources and types of data, according to industry experts from RBC Capital Markets, UBS and S&P Capital IQ, who were speaking in a webcast organized by Inside Reference Data on May 15.

"The

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