MAS, BIS form analytics platform for supervision
The Project Ellipse platform will help authorities identify potential risks to individual banks and the banking system
Add BT as a preferred sourceSingapore
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).
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
CDL, Hong Realty outbid 3 other bidders with S$542.4 million offer at S$1,865 psf ppr for Peck Hay plot
Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein
Evergrande’s liquidation prompts some PwC partners to shield assets, contemplate divorce
