Digital transformation award: Bank of Mexico
Banxico has replaced critical systems with ‘living’, adaptive, decentralised architecture
Trust is essential to central banks, and many factors combine to support it. One key element that may be less obvious to the public but remains critical is the continuity of key infrastructure. It was this need for resilience that led the Bank of Mexico (Banxico) to migrate two of its core systems for market operations to a decentralised, ‘living’ architecture.
Autonomous Decentralized Service-Oriented Architecture now drives Banxico’s debt security auctions as the financial agent of the federal
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