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1. Financial reporting - accounting practices.

One of the key stages in the preparation of consolidated group accounts. Aggregation is the adding up of the individual assets, liabilities and trading of each of the entities in the group.

The other key stage in this process is the making of consolidation adjustments.

2. Reporting - risk reporting.

Any other process of adding up relevant items, for reporting or other purposes.

Risk data aggregation defined for risk reporting
"For the purpose of this paper, the term “risk data aggregation” means defining, gathering and processing risk data according to the bank’s risk reporting requirements to enable the bank to measure its performance against its risk tolerance/appetite.
This includes sorting, merging or breaking down sets of data."
Basel Committee on Banking Supervision - Principles for effective risk data aggregation and risk reporting - January 2013.

See also

Other resource