MAS, BIS form analytics platform for supervision
The Project Ellipse platform will help authorities identify potential risks to individual banks and the banking system
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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).
