Risk data is an area that has been largely overlooked for many years. Today the situation is different and the area is facing increasing regulatory scrutiny, as Systemically Important Financial Institutions (SIFIs) rush to comply with the Basel 239 Principles for Effective Risk Data Aggregation and Risk Reporting. An enterprise’s success depends on its ability to analyze risk data efficiently and effectively, in ways that uncover both risks and opportunities. Being able to extract and escalate c
aggregation (2)
CFAR-m main features (unique algo and features)
Aggregation is a way to combine several single indicators representing different components (dimensions)
of the same concept to form a single aggregate. The result leads to a single score, called a composite
indicator, which has the ability to summarize a large amount of information in a comprehensible form .
Aggregation requires the determination of a weighting scheme of the different components. This task is
extremely difficult and is one of the c
