Infrastructure

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Infrastructure is the underlying physical and organisational framework which enables other useful activities.


1. Physical.

Physical infrastructure includes railways, roads, buildings, power, sanitation and telecommunications networks.


2. Financial markets.

Financial markets infrastructure includes payment systems, securities settlement systems and central counterparties.


3. Treasury operations.

Treasury operations infrastructure includes treasury's framework of policies, procedures, reporting lines and other relationships.

It also includes information technology systems.


4. Risk reporting - information technology.

Abbreviation for information technology (IT) infrastructure.


Risk reporting governance and infrastructure
"I. Overarching governance and infrastructure
Principle 1
Governance – A bank’s risk data aggregation capabilities and risk reporting practices should be subject to strong governance arrangements consistent with other principles and guidance established by the Basel Committee.


Principle 2
Data architecture and IT infrastructure – A bank should design, build and maintain data architecture and IT infrastructure which fully supports its risk data aggregation capabilities and risk reporting practices not only in normal times but also during times of stress or crisis, while still meeting the other Principles..."
Basel Committee on Banking Supervision - Principles for effective risk data aggregation and risk reporting - January 2013.


See also


Other resource