Oracle Corporation
An Oracle and Center for Financial Professionals Research Report
Risk and Reward: Why Getting Your Risk Data

into Shape Will Lead to Business Rewards
Center for Financial Professionals and Oracle surveyed industry professionals to gauge their preparedness towards Risk & Data governance with focus on BCBS 239 compliance.

Key Highlights

  • 45% of respondents said they were slightly or very unprepared to meet BCBS 239 requirements
  • 57% weren’t confident that data was defined, harmonized and aligned to critical business and risk operation
  • Data quality ranked as the top deterrent to having a successful risk-management process
  • 38% claimed that their infrastructure is inefficient in supporting new risk management requirements

How does your firm rank against peers? Is it on the right track or is still missing fundamental requirements?

See how financial institutions can turn stringent new legislation to their advantage – and use it to strengthen reporting standards that aid management and operations.

Download the report today!

Research Report

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