Approaching BCBS 239 Deadline Reveals Stages of Readiness
Firms that have not begun efforts are missing growth possibilities
Compliance with BCBS 239 risk data aggregation principles, due at the beginning of 2016, has broken down into three speeds, or levels, of readiness, according to Marion Leslie, London-based managing director, pricing and reference services, and enterprise risk management, Thomson Reuters.
"Some tier one institutions are prepared, others are making good progress, and others have yet to get off the starting blocks in a substantive way," she says. "All too many are still struggling to develop an
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