The
Transformative Role
of Data Visualisation
Data visualisation has the power to revolutionise how organisations interact with their data – RiskContainer is part of that revolution
Our client, a top tier Investment Bank client faced increasing regulatory pressure to enhance their risk aggregation and reporting capabilities across their complex trading activities globally.
Meeting regulatory demands while maintaining a competitive edge
In the ever-evolving landscape of global finance, Investment Banks find themselves under mounting regulatory scrutiny and pressure to enhance risk aggregation and reporting capabilities. In the wake of the 2008 financial crisis, regulators worldwide have intensified their efforts to safeguard the stability of financial markets.
This has resulted in a complex web of regulations and compliance requirements, placing a formidable burden on financial institutions.
Industry: Financial Services, Investment Banking
Challenges: Aggregating Risk
Our client had a highly fragmented risk calculation and reporting infrastructure.
The fragmented landscape prevented senior management from aggregating risk data across business lines.
Different risk calculation methodologies meant that a series of standardisation steps were required prior to aggregation.
Data Solution
Designing the RiskContainer Solution
Using enhanced data analytics tooling, we scoped and sourced risk information from multiple risk systems.
We established a set of standardisation rules to allow us to aggregate risk calculated under different methodologies.
Using the aggregated risk numbers, we structured the output to comply with regulatory reporting frameworks.
We worked with senior management and trading desk heads to develop an internal reporting dashboarding solution – RiskContainer.
A comprehensive Risk Dashboarding solution delivered fast
Consolidation of existing reporting, removing redundant report content.
Dynamic Drill Down to trade level, allowing management to quickly focus into points of interest.
Agreed and Validated risk information for Front Office and Risk.
Flexibility & Agility so reporting can keep up with changing requirements, (and users have a sandbox).
Light Touch implementation and use of existing infrastructure, allowing relatively fast deployment.
Implementing innovative practices and cutting-edge data visualisation technologies that are reshaping the future of Investment Banking compliance.
Through the strategic use of visual representations of data, these financial institutions can not only aggregate and report on their risk exposures more efficiently but also communicate their risk management prowess transparently to regulators, shareholders, and stakeholders.
Data Visualisation delivery can streamline risk aggregation, enhance reporting accuracy, and ultimately fortify the industry's ability to navigate the intricate regulatory landscape, all while bolstering investor confidence.
One of the biggest advantages of having a wealth of trustworthy data is the opportunity to obtain insights that allow for smarter and more profitable decision-making.