A sound reporting framework helps financial institutions monitor all the risks pertaining to their portfolios and intervene if necessary. It also ensures that decision makers have the intelligence they need to determine the appropriate course of action on the daily activities of the bank.
Read this risk management white paper to discover:
- What a reporting framework is, how it functions and what benefits it offers for banks and other financial institutions.
- Why a sound reporting framework should be able to handle reports on data quality.
- How to present data in the format and content that each type of risk report consumer requires.