Internal model approval, risk management and regulatory compliance

Achieving regulatory approval can be challenging if we consider that regulators are concerned about both the risk calculation methodology in place but also the quality, consistency and auditability of the data feeding the risk systems used for regulatory reporting.

The data management project at LBBW (Landesbank Baden-Württemberg), for example, was initiated to support LBBW’s internal model for market risk calculations, combined with the additional aim of enabling risk, back office and accountancy departments to have transparent access to high quality and consistent data.

This required a consolidated approach to the management of data in order to support future business plans and successful growth and we worked with LBBW to provide a centralised analytics and data management platform which could enhance risk management, deliver validated market data based upon consistent validation processes and ensure regulatory compliance.

More information on the joint project at LBBW can be found in the case study, available on our website. Any questions, drop us a line!