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Bank of Lithuania targets 2025 for data governance overhaul

Central bank moves to “hub-and-spoke” structure as it seeks to streamline reporting and analytics

Lithuania

The Bank of Lithuania is in the middle of a major overhaul of its data architecture, as it aims to finalise a centralised structure for data reporting and analysis by 2025.

Edita Lukaševičiūtė, head of data governance at the central bank, said access to data needs to be more convenient, more secure and faster.

Under the Bank of Lithuania’s data management maturity programme, the central bank is reforming data governance, data collection and data platforms for storage and analysis.

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