Risk policy-to-data control capability

Responding to IMI findings, a Dutch D-SIB bank, requested operationalization of policies across the data and modelling landscape, proving compliance of risk and capital models with the respective risk policies.

What did we do?

• Designed an approach to
  • Translate policy requirements into measurable signals within model input data.
  • Proactively control data creation and transformation rather than remediate data reactively.
  • Reduce IMI findings and audit findings and improve BCBS239 compliance structurally.

Results achieved

• Controls (calculation of indicators e.g. completeness, timeliness, history) implemented in the core player of the data platform.
• A reusable policy to data control layer, supporting multiple policies, standardizing control logic, and enabling automated execution across datasets.
• An operating model integrated in the data integration chain and data platform, executed automatically in the BaU processes.