Unanticipated risk lurks everywhere.  The larger your institution, the higher the probability that risk remains hidden by murky data and the higher the odds that the potential loss will be measured in billions of dollars, pounds, or Euros.  Perhaps in hundreds of billions… Although capital is at risk, the real risk is the uncertainty and lack of trust in key performance indicators (KPIs) and key risk indicators (KRIs). The very data that underpins them can be corrupted, misfielded, incorrect or missing, overcompensating some risk positions while others are left completely exposed.

Trillium Software’s DIG solution combines software and services to identify, collect, and assess the key data sources, attributes, and rules that need to be validated to ensure the accuracy of risk data and the precision of associated risk models and reported KPIs.

Forbes Global 10 lending institutions leverage the DIG solution, an enterprise technology platform and engagement model, everyday. DIG, specifically calibrated for financial data and risk management, empowers the business owners of the risk rating process to become proactive participants in the validation, measurement, and management of all data fed into KPIs and risk models. DIG delivers value in many key areas:

• Implements transparent and provably correct processes for validating the data that underpins "information" generated by risk calculation models
• Measures the accuracy of data used in key performance indicators (KPIs) prior to the generation of Risk Weighted Asset (RWA) calculations

• Delivers metrics that demonstrate the impact of data on operational costs and risk reserve positions
• Provides transparent and comprehensible data management methods and results to auditors, both internal and external
• Reduces capital reserves for risk exposure in key risk categories
• Offers competitive advantage against peer institutions

Call us for a consultation with a Data Intelligence and Governance solution expert.