Monday, October 2, 2023

Big data and machine learning in central banking

By DAC000 , in Big Data Machine Learning , at March 4, 2021 Tags: ,

The Bank for International Settlements, aka BIS, surveyed 52 Central Bank about their use of Big Data. Abstract and conclusions are about a four minute read. Twenty two other pages for the deep dive.

Comment: excellent and very detailed work here, I’ve been through it twice and just know there is a third read upcoming. The speed of adoption is reassuring, as Central Banks are often criticised as being slow to adopt new technologies; this certainly isn’t the case with Big Data.