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Best Practices in Reporting
Meeting the goal of an enterprise risk management platform

As part of a series that highlights technologies related to best practices in Enterprise Risk Management (ERM), this paper discusses the importance of reporting as part of an ERM framework. A sound reporting framework allows a bank to monitor all the risks pertaining to its portfolio (e.g., market, credit, liquidity, etc.) and intervene if necessary, as well as ensure that all decision makers have the intelligence needed to determine the appropriate course of action on the daily activities of the bank. This paper details the aspects of the risk management process that reporting should cover as part of a sound enterprise risk management platform.

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