Central banks starting to unlock potential in big data


Relatively few central banks are using big data sources in their analysis, but many are interested in doing so, according to the results of a survey by the Bank for International Settlements' (BIS) Irving Fisher Committee, published on October 14.

The survey, conducted in early 2015 jointly by the BIS, Central Bank of the Republic of Turkey and the European Central Bank (ECB), found 30% of the 69 respondent central banks were using big data. But 66% reported the topic was being discussed "extens

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