OMFIF-State Street central banks and data challenges report launch
Live: Thursday 27 April 13:30 (London)
The rapid pace of technological change is matched by the ever-evolving risks to financial stability and the global economy, as shown by the Covid-19 pandemic, the acceleration of climate change and the volatility of digital financial assets. It is within this environment that central banks need to harness technology to capture, handle, integrate and use new data effectively. OMFIF and State Street have produced a solution-driven report to better understand the challenges and opportunities facing central banks in the digital age.
This launch event presents the key findings of the report and assesses how the benefits to the global economy and financial system from central banks modernising their approach to data could be substantial. It offers insights into the importance of monetary policy decision-making, financial stability and reserve management that central banks must consider for data categorisation integration and management. It looks at the regulatory challenges around environmental, social and governance data and the operating models, technological platforms and integrated data strategies that should be considered.
Economics and Statistics Directorate
Asset Owner Segment, EMEA
State Street Bank & Trust
Data Governance Division
Bank of Lithuania
Banco Central de Chile
Statistics and Research Support
Bank for International Settlements
08:30-10:00 (New York)
In partnership with:
This event is part of the OMFIF Institute for Economic and Monetary Policy, OMFIF’s core stream of activities covering economic and monetary policy and the political economy. OMFIF is an independent think tank for central banking, economic policy and public investment, providing a neutral platform for best practice in worldwide public-private sector exchanges worldwide. For membership enquiries please contact Jamie.firstname.lastname@example.org, or for further information please see the OMFIF website.
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