Ensure BCBS 239-grade data quality and turn compliance into a capital advantage
Improve accuracy of data and reporting
Automate risk data validation to improve SREP outcomes.
Accelerate compliance and audit readiness
Out-of-the-box automation and easy integration to the existing data stack.
Drive operational efficiency and excellence
Scale data quality workflows, cut rework, and avoid after the fact remediations.
Data quality and compliance
The Basel framework makes high data quality a non-negotiable
BCBS 239 sets 14 principles for effective management and reporting of risk data. Non-compliance not only affects internal risks, but cause capital add ons and impact on return on equity.
Validio provides automated controls and evidence to support adherence for capital advantage.
The impact of data quality goes beyond checking the compliance box
Example benefits include
>€250 m
saved in capital add-ons
Better investment decisions and improved risk control, which can help improve Supervisory Review and Evaluation process (SREP) score.
10 x
faster regulatory compliance
Automating validation of aggregated data and reporting for faster compliance and audit-readiness.
> €50 m
saved from improved efficiency
Scaling and automation of data quality workflows help improve team efficiency and avoid after-the-fact remediations.
“Validio helps increase the trust in data and ensure the accuracy and completeness of any reporting to external stakeholders, including to regulatory bodies across the globe.”
Sarah Hagemann
Managing Director of Reporting
Validio maps directly to the BCBS 239 principles
Automating controls of risk data aggregation and reporting has never been easier
Governance & Architecture
Efficient governance and infrastructure through classification & lineage
Validio enables tagging and classification of data and overviews and dashboards for data quality oversight. End-to-end lineage allows audit trails and makes it easy for board and senior management to ensure trust in data.
Accuracy, Completeness, Timeliness & Adaptability
AI-powered, scalable data observability to solve any data quality challenges
With AI-powered validation and anomaly detection, data is monitored for freshness, completeness, and accuracy. This ensures data is trustworthy and issues are flagged instantly. With AI that learns from historical data, setup of new monitoring is done in minutes.
Accuracy & clarity of reporting
Streamlined reporting validation with granular end-to-end monitoring
Monitoring across input data, risk metrics, and final reports ensure accuracy all the way to supervision. Drill-downs to the level of markets or currencies make sure reporting is comprehensive and no details are missed.
Speed up regulatory compliance
with automated data quality