Capitalised Terms in CUI-CPP V2.0 have the meaning defined in Table 1.
A dash “-” preceding a Term in Table 1 indicates the following readings according to the font:
- Normal font: the Term in the table without a dash and preceding the one with a dash should be read after that Term. For example, “Risk” and “- Assessment” will yield “Risk Assessment”.
- Italic font: the Term in the table without a dash and preceding the one with a dash should be read before that Term. For example, “Descriptor” and “- Financial” will yield “Financial Descriptors.”
All MPAI-specified Terms are defined online.
Table 1 – MPAI-CUI terms
Term | Definition |
Business Discontinuity | An interruption of the operations of a company for a period of time less than 2% of the Prediction Horizon. |
Company Default | The status of a company who has failed to make full and timely payments on its obligations. |
Descriptors | |
– Financial | A set of indexes and ratios computed using financial statement data. |
– Governance | A set of indexes/parameters that are used to assess the adequacy of the organisational model. |
– Organisation | |
– Primary Default | |
– Primary Discontinuity | |
Statements | |
– Financial | Data produced based on a set of accounting principles driving maintenance and reporting of company accounts so that financial statements can be consistent, transparent, and comparable across companies. |
– Governance | |
– Primary Risk | |
– Secondary Risk | |
Prediction Horizon | |
Secondary Risk Matrix | |
Risk | |
– Assesssment | Attributes indicating the internal company assessment to identify and measure potential or existing Vertical Risks, and their impact on Business Continuity. |
– Cyber | Risk of financial loss, disruption, or damage, caused by the failure of the digital technologies due to unauthorised access, use, disclosure, disruption, modification, or destruction of the systems. |
– Matrix | Table composed of two rows for the risks (cyber and seismic) and four columns for the characteristics (occurrence, business impact, gravity and risk retention) as evaluated by the company. |
– Primary | |
– Secondary | |
– Seismic Risk | The measure of the possible losses associated with the behavior of a building or structure in likely earthquakes. |
– Vertical | A risk that must be understood in a specific context/domain of the business. |