Data and reporting, technology, and cyber security

Data and reporting, technology, and cyber security

Examining the ECB’s expectations around data, technology, and cyber security.

ECB expectations around data, technology, and cyber security

Increased regulatory requirements and more intensive supervision have driven an almost insatiable appetite for data among regulators – to monitor adherence to regulatory requirements; to support stress testing; to answer one-off information requests; to provide the raw materials for recovery and resolution planning; to open a lens on non-bank financial channels; and to access system-wide data for macro-prudential policy purposes. Indeed, banks have been challenged by issues related to data, technology, and cyber security even before the ECB announced that this would be a priority area for 2016.

High quality data and effective technology should be at the heart of a profitable and sustainable bank strategy. The articles in this section look to what banks should do to meet the reporting requirements and expectations of clients, customers and investors along with the ECB’s expectations. 

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Evolving Banking Regulation: Data and technology - the regulatory and business challenges

The challenges of meeting the demands and expectations of clients, customers, investors and regulators.

 
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IT Architecture and Risk Data Aggregation

IT Architecture and Data Risk Analytics are a priority under SREP 2015.

 
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The ECB’s 2016 thematic review on risk data aggregation

The ECB will be carrying out thematic review to assess bank’s compliance with these...

 
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EBA launches consultation on ICT Risk

EBA guidelines for ICT risk aim at promoting common procedures for ICT risk assessment.

 
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Cyber security is the most prevalent IT risk for banks

Cyber security issues rank highest among risks and facing G-SIFIs

 
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AnaCredit: A slow burner for now

An explanation of the Analytical Credit Dataset (AnaCredit).

 
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The ECB adopts AnaCredit Regulation

On 18 May 2016 the Governing Council of the ECB adopted the Regulation on collection...

 
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AnaCredit: one of the largest projects undertaken...

AnaCredit is one of the largest projects undertaken by the statistics team of ECB.

 
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