Which of the following statements best describes the value of using external database sources? a. Consortium data

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Which of the following statements best describes the value of using external database sources?

a. Consortium data provide a full data set for a bank to use for benchmarking.

b. Subscription data sources provide a full data set for a bank to use for benchmarking.

c. A combination of subscription and consortium data provides a full data set for a bank to use for benchmarking.

d. Consortium and subscription data provide helpful information on external loss data trends that can help inform a bank’s operational risk framework.

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Operational Risk Management A Complete Guide For Banking And Fintech Wiley Finance

ISBN: 9781119836049

2nd Edition

Authors: Philippa X. Girling

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Question Posted: Jul 04, 2024 09:01 AM

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Which of the following statements best describes the value of using external database sources? a. Consortium data

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Operational Risk Management A Complete Guide For Banking And Fintech Wiley Finance

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