question archive The risk aggregation process includes breaking down, sorting data and datasets
The risk aggregation process includes breaking down, sorting data and datasets
Subject:FinancePrice: Bought3
The risk aggregation process includes breaking down, sorting data and datasets. Several benefits accrue to banks that have effective risk data aggregation and reporting systems in place. Which of the following statements least likely describes a benefits of effective risk data aggregation?
- Increase efficiency, reduce the chance of loss, and ultimately increase profitability.
- It is easier to see problems on the horizon when risks are viewed individually rather than as a whole.
- The bank is better able to make strategic decisions, increase efficiency, reduce the chance of loss, and ultimately increase profitability.
- Improved resolvability in the event of bank stress or failure.
