Suptech strategy: the seven missing links

RBI’s Manoj Kumar Singh sets out what central banks need to do to build an effective suptech strategy

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In a chain of events driven by new technology, one may sometimes get an eerie feeling of events preceding their cause. So, when it comes to designing a strategy for supervisory technology (suptech), it’s always better to keep a Plan B or C ready, even before you start thinking about Plan A.

There are several components that must fit together to bring out an effective suptech strategy. Firstly, as a minimum expectation, there must be a clarity on goals. Be it efficient data-reporting or

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