Model banks
Charts
Cloud pros and cons
Some 80% of benchmark respondents now use some form of cloud services in their work, most commonly for running software and storing data. Chief among the perceived benefits are business continuity, flexible working and automation. But central banks also see risks, primarily due to privacy, the location of cloud servers, and cyber threats.
For the full breakdown, use the benchmarking service’s interactive charts to explore the data.
Smaller central banks more likely to manage government debts
Consumer protection widely overseen in larger institutions
Half of central banks must be consulted on law changes
Practice is slightly more common at banks with government officials on the board
Central banks split on whether CBDC will impact seigniorage
Some respondents see seigniorage depending on CBDC design choices
Central banks widely exploring RTGSs’ interoperability with CBDCs
High income institutions more likely to research the issue than their middle income counterparts