When a regulator asks where a number came from, “Let me check with the team” is not the answer anyone wants to give.
For banks, risk reporting depends on confidence in the data behind every figure, calculation and disclosure. The number matters, and the evidence behind the number matters just as much.
Who owns it?
Which system produced it?
How did it change?
Which controls were applied?
Which policies govern it?
Can the bank prove the full path from source to report?
These questions are…