BCBS239 Compliant data management

A Global Bank, subjected to first deadlines on BCBS239 compliance, had requested us to co-lead the program for BCBS 239 compliance for all risk types and advise on the approach for analysis as well as documentation of evidence.

What did we do?

• Defined the embedded vision and approach for auditable architecture documentation, for business processes as well as systems architecture.
• Designed and implemented the approach for:
  • The BCBS239 evidence package.
  • Embedding BCBS239 compliance at Group and Country Unit level.
  • Documentation of data lineage, in line with architecture documentation.

Results achieved

• BCBS 239 evidence pack for submission to the regulators.
• Documented guidance for the roll out of BCBS 239 compliance monitoring.
• Data lineage documentation for Market, Liquidity, and Credit Risk.
• Architectural overview, combining risk and finance systems and the data flows between them.
• Integrated framework and operating model optimizing the use of existing frameworks like the Operational Risk Management framework as well as existing key controls.