BCBS239BCBS239 Program Delivery for Tier-one Bank
BCBS 239 is a global banking regulation designed to ensure effective risk data aggregation and reporting with a strong focus on data quality and provenance. It sets principles covering governance, data architecture, accuracy and integrity of data; and the, adaptability, comprehensiveness and quality of reporting. Synechron was selected by a tier one bank to lead business and IT program, in its critical final year, to deliver BCBS Compliance across 16 countries within a global investment bank.
Reporting to the Investment Bank CDO and Group Risk and Compliance Synechron drew on its extensive Business, operational and regulatory knowledge, coupled with its Data, and Technology expertise to deliver a global program across 3 regional phases.
Critical final year delivery covering Data, Risk and Reporting
We provided the following services:
Successful adoption of BCBS 239 Program re-structure and simplification
A global team with a laser focus
How we've helped
Developing a global MarketTech reporting platform able to transform regulation across financial services
Strategic client rationalization
Global Business Wind-down and Divestment
A Path to IT Optimization