Big data
Bank of Spain paper applies text mining to climate disclosures
Some climate disclosures found only in remuneration or Pillar 3 reports, researchers say
Central banks play key role in sourcing and sharing data
Institutions gather data from many sources and most share it with external researchers
MAS encourages digital reporting through new grant
Firms can claim up to S$250,000 to implement new technology but only from pre-approved firms
Currency Benchmarks 2020 report – the data behind the cash cycle
Perspectives on staffing, circulation, forecasting, fraud, substrate choice, outsourcing and climate risk
The technical foundations of SupTech
Robert Binder, Daniel Kämmerer and Daniel Münch of BearingPoint RegTech explore the architectural principles crucial for successful supervisory technology – or SupTech – applications, and examine the future of regulatory reporting in this context, with…
Deep learning can beat other forecast methods – Bank of Korea research
Deep learning models have smaller margin of error than conventional methods, research finds, but data quality is key
Computing platforms for big data and AI
Implementing big-data and high-performance computing platforms is critical to support machine learning applications. Rafael Schmidt and Bruno Tissot offer insights on developing a comprehensive information strategy
Bank of Korea sets up digital innovation division
Korean central bank aims to increase CBDC research and create new statistics system
BoE paper: narratives can help overcome ‘radical uncertainty’
Speaking directly to the public can improve analysis and communication of policy, authors find
MAS launches framework to promote responsible AI
MAS to work with banks to fight potential biases introduced by AI tools
BoE paper: mining newspaper text can boost forecasts
Authors design “powerful new method” of incorporating text information into macroeconomic forecasts
RBNZ’s Sam Allen on embracing the cloud
Central bank took a calculated risk in moving its financial markets group to a cloud platform
Statisticians grapple with inflation impact of Covid-19
Collecting reliable inflation figures during lockdown is not straightforward
US must overhaul statistics to fight coronavirus – Minneapolis Fed paper
New methods, laws and cross-sector agreements are necessary to support real-time data analysis, research says
Book notes: After the crash, by Sharyn O’Halloran and Thomas Groll
The book seeks to identify seeds of the next crisis, and the overriding impression is a plea for more regulation
BIS paper investigates distributive impact of fintech
Big data likely to reduce “negative prejudice” but could undermine regulation, says Thomas Philippon
Risk manager: Central Bank of Brazil
The G20 central bank has made important breakthroughs in applying ERM
BoE seeks partner to build public cloud environment
Central bank prepares for “step change” in IT infrastructure
European banks must improve ‘big data’ practice – EBA report
Current regulatory framework is adequate but banks must work hard to improve trust, EBA says
BIS statistics committee to focus on fintech and big data in 2020
Irving Fisher Committee plans to complete its fintech work and update a 2015 survey
BoE prepares for regulatory data shake-up
Central bank keeping open mind on future of regulatory data collection; FCA plans to expand “advanced analytics” and automation
Machine learning can produce better credit scores – BIS paper
Fintech firms may be better at predicting default rates, researchers find
Podcast: Central Banking launches Tech Talk series
In the inaugural episode, Rachael King and Adam Csabay cast a critical eye over some of the biggest fintech developments of 2019
Facing up to the tech challenge
Central banks get a wake-up call from libra