Settings for cookies and data collection

We use strictly necessary cookies on our website. They are in place to keep the session alive and save your indication on this notification for this and future sessions. You can manage and control these cookies in your browser settings.

Please decide which further cookies you want to allow:

Statistics cookies:  We use Google Analytics to analyze the access to our website and thus improve the offer. For this purpose, data on website usage is transmitted anonymously to Google.

You can find more information on the Imprint and Data Privacy Policypages, where you can change this setting later.

BCBS 239 and Risk Data Aggregation and Risk Reporting (RDARR) – the gloves are off

In a recently published consultation paper, the ECB challenges the banking in-dustry in the context of risk data aggregation and risk reporting (RDARR). On top of much-needed clarity on expectations for RDARR implementation, it first and foremost proposes a wide scope of applicability and exerts regulatory pressure on implementation projects. ECB demands that RDARR be treated as a key priority and raises the prospect of capital add-ons in case of material breaches.


Based on the effort of the industry so far, we expect this paper to be a major uptick for most affected banks in terms of priority and resources dedicated to data management programs.