Data Infrastructure

From Open Risk Manual

Definition

Data Infrastructure in the context of Risk Management denotes the entirety of Hardware and Software along with Information Technology personnel, organisational structure, business process etc. that support the information flows (Data Generation Process, Data Sourcing, Risk Data Aggregation) within the organization that are relevant for risk management activities

Components

The (usually off-the-shelf) software and hardware components comprising the Data Infrastructure are

  • Hardware
    • Servers
    • Compute Clusters
    • Desktop PC's
    • Mobile devices
  • Software
    • Databases
    • Networking
    • Software systems
    • Desktop applications

Issues and Challenges

  • Data infrastructure plays a crucial role in supporting the organization's Risk Data needs, e.g. in the relation to Data Quality
  • Data information flows within the organization may involve many tailor made processes for data entry, ETL processes, analytics, modelling and reporting

See Also

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