CHALLENGE
In a financial institution:
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BCBS 239 gaps demand greater transparency, traceability, and control of risk data.
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OSI (On-site inspections) findings exposed weaknesses in key data process management.
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No standard tools or methods for end-to- end business data lineage.
SOLUTION
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Tactical business data lineage: centralized, transparent framework for consistent tracking.
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Data repository: single source defining critical data, origins, usage, and business rules.
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Data quality framework: governance standards for key data, documenting attributes, business rules, and golden sources.
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KRI lineage management: structured, reusable approach to prioritize RWA and Expected Loss in key reports (e.g.: COREP) across teams.
IMPACT
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Strengthened BCBS 239 compliance and 90% OSI remediation.
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Established business data lineage framework.
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Improved data governance and quality control embedded in BAU and scalable for future tactical use.
