MAS, BIS form analytics platform for supervision
The Project Ellipse platform will help authorities identify potential risks to individual banks and the banking system
Singapore
THE Monetary Authority of Singapore (MAS) and the Bank for International Settlements (BIS) Innovation Hub Singapore Centre have developed a prototype analytics platform that could help regulatory authorities perform more effective supervision.
The Project Ellipse platform enables regulatory and other data - such as articles and news - to be integrated into a single platform, which helps authorities identify potential risks to individual banks and the banking system, BIS and MAS said in a statement on Thursday (Mar 31).
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