aCCord - External Loss Database

Chase Cooper's aCCord (Automated Chase Cooper Operational Risk Loss Database) system is a database of loss events providing companies with an invaluable tool for Operational Risk assessment, analysis and challenge.

Offering a wealth of common loss scenarios, aCCord allows organisations to challenge and validate risk and control assessments, and makes the conceptualisation of unusual scenarios realistic and easy.

Chase Cooper's aCCord Loss Database system provides:

  • Extensive coverage of recent, industry-wide loss events, catalogued according to Basel II business lines and loss event types
  • Broad coverage across a wide variety of international markets
  • Losses from financial services organisations operating in a broad range of business areas
  • High value, low frequency tail events to complement your own internal loss data
  • Assists in developing extreme yet plausible scenarios

aCCord Data profile:

  • Over 3,000 loss events, with 2/3 from financial sector
  • Covers 47 countries across six continents, giving the user an international perspective
  • Data sources include:
    • Regulators' websites
    • International news headlines
    • Typically low frequency, high impact events
    • Complete event content including:
    • Description
    • Basel business line
    • Basel loss event type

aCCord is delivered through aCCelerate; either separately accessible through the web or provided together with aCCelerate Analyser in your own servers.

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