Streamline Compliance with Confidence: How OnCoor’s Regulatory Copilot Delivers BCBS 239-Ready Solutions
For banks, financial institutions, and data-driven enterprises, regulatory compliance is non-negotiable. Yet, achieving compliance with frameworks like BCBS 239 - the global standard for risk data aggregation and reporting - can feel like a never-ending challenge.
That’s where OnCoor’s Regulatory Copilot comes in. Designed to simplify regulatory complexity, our platform offers out-of-the-box BCBS 239 compliance capabilities - empowering your teams to move beyond compliance checklists and focus on driving business value.
What is BCBS 239, and Why Does It Matter?
BCBS 239 is a global standard issued by the Basel Committee on Banking Supervision to ensure banks and financial institutions can aggregate risk data and report it accurately, consistently, and timely. It covers key principles like:
- Data Governance & Architecture
- Data Accuracy & Integrity
- Comprehensive Risk Aggregation
- Timeliness of Risk Reporting
- Adaptability to Evolving Risk Landscapes
OnCoor’s Regulatory Copilot: Your Path to BCBS 239 Compliance
- Out-of-the-Box BCBS 239 Compliance: OnCoor comes pre-configured with templates, rules, and workflows aligned with BCBS 239 principles—accelerating readiness while reducing cost and effort.
- End-to-End Data Governance Framework: Leverage integrated modules like Data Catalog, Data Lineage, Glossary of Terms, Data Dictionary, and Critical Data Element (CDE) Tracking to meet governance, transparency, and traceability requirements.
- Risk Data Aggregation at Scale: Aggregate, reconcile, and validate risk data across multiple systems - ERP, core banking platforms, data lakes, and more—without manual intervention.
- Audit-Ready Compliance Reporting: Every rule, mapping, and exception is logged and auditable, enabling you to demonstrate compliance to regulators with confidence.
- Adaptive, Future-Ready Architecture: OnCoor’s metadata-driven design allows you to evolve your compliance framework as regulatory expectations shift, without starting from scratch.
- Cross-Industry Applicability: While built for BCBS 239, Regulatory Copilot is flexible enough to support compliance with other frameworks—GDPR, SOX, and more—across industries like banking, insurance, and financial services.
Beyond Compliance: Your Competitive Edge Compliance
Compliance is just the beginning. With OnCoor’s Regulatory Copilot, you don’t just check the boxes — you build a resilient, governed, and trusted data ecosystem that empowers your teams to make faster, smarter decisions.
Ready to Build a Culture of Data Confidence?
Let’s simplify compliance together.
