Take charge of your BCBS 239 compliance needs

Through EXL’s tested approach and accelerators in Risk Data Management and Reporting

The BCBS 239 principles, in effect since 2016, have recently seen a heightened focus in supervisory priorities. This is reflected in the ECB’s 2023 consultation on effective Risk Data Aggregation and Risk Reporting (RDARR) and PRA’s Supervisory Statement SS1/23 that underscore the need for robust data governance and data quality management.

While achieving full compliance with BCBS 239 principles presents significant challenges, it is attainable. EXL has successfully guided multiple banks through this complex journey by providing a one-of-a-kind integration of expert data advisory and engineering services within a specialised BCBS 239 accelerator - EXL Data Aureus™.

This standout solution offers a comprehensive framework for effective Risk Data Aggregation and Risk Reporting (RDARR), ensuring:

Speed to market 
in achieving relevant compliance

30-40% 
efficiency gains in risk data usage

Reliable data outcomes 
that enable scaling-up without introducing additional operational and data risks