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Delivering data standards and transforming data collection in financial services

From bankofengland.co.uk

Data are critical to our work. They are the raw ingredients we need for monitoring and analysis, and therefore for our work to keep the monetary and financial systems stable. Like many organisations, in recent years our demands on data have grown. We want to make more extensive use of data to guide our decision-making, including making the most of bigger data sets and new techniques. But unlike many organisations, much of the data we use aren’t data we generate internally; instead we collect them from firms. These new demands on data have put a strain on the processes and systems we use to collect data. In response, ... (full story)

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