The expert consultants play a key role in helping banks and financial institutions adhere to the principles of BCBS 239 compliance. They assess the banks’ current risk data aggression and report capabilities against the BCBS 239 requirements. They also identify the gaps between the current state and the BCBS 239 standards providing a clear picture of where the improvement is required. The consultants help in developing strategic roadmap to address identified gaps and meet BCBS 239 needs. They also provide training and support to the staff at all the levels to understand the changes, the importance of compliance with BCBS 239 and their roles in maintaining data quality and effective risk reporting.
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