Spreadsheets & Operational Risk: Instrument Valuation Issues, Data & Regulation

Regulations such as BCBS 239 are forcing changes in the usage and governance of spreadsheets and other end-user computing (EUC) applications in financial markets. This paper outlines the main risks in spreadsheet usage in derivative and fixed income valuation, and explains some of the regulators motivations in addressing this source of operational risk.

• Editorial Team

• December 11, 2017
• 1 minute