MIS
Definition
Management Information System. The reporting and data infrastructure supporting risk management decisions.
What This Actually Means
The reports, dashboards, and data feeds that get IRRBB information from the models to the decision-makers. This includes ALCO packs, daily risk reports, limit monitoring, and regulatory reporting (e.g. FSA017, EBA IRRBB returns).
Where It Matters
MIS is where 'all model, no plumbing' becomes visible. A bank can have a sophisticated IRRBB model but if the MI is delayed, inaccurate, or not understood by ALCO, the model is worthless. Regulators increasingly focus on MI quality and timeliness as an indicator of genuine risk management capability.
Abbreviation MIS Management Information System
The reports and dashboards that get IRRBB data to decision-makers.