Make the Financial System Safer and More Efficient: a global competition for Students and Universities

 

FNA is launching the second G20 Monitor Challenge, opening up our award-winning G20 Monitor to University Students and their institutions. We’re calling for students and recent alumni to submit an idea for a new dashboard to add to the G20 Monitor.

 

  • Open to students and recent alumni
  • Propose a new G20 Monitor
  • Submit 400-word proposal
  • Deadline 11th February 2022
  • Win up to £1,500 and an internship with FNA

 

About the G20 Monitor

 

The G20 Monitor was awarded first-prize in the inaugural edition of the G20 TechSprint hosted by the Bank for International Settlements’ Innovation Hub and the G20 Saudi Presidency.

The Solution, developed in collaboration with a panel of regulators, includes 10 monitors with 25 interactive dashboards exploring and monitoring the global financial system. The monitors offer the ability to track the interconnectedness of the financial system.

How to Enter

The G20 Monitor Challenge calls upon students and universities to work individually or in teams to submit an idea that uses one or more of the publicly available datasets relevant to Central Banking or the broader regulatory community.

To enter, participants must complete a submission form and provide a mock-up of the proposed dashboard in PDF format.

Submissions close on the 11th February 2022 at 23:59:00 (UK Time).  We’ll be announcing the winners during the first week of March.

The ideal proposal should be clearly motivated by a real-world problem faced by our audience: regulators, government agencies, FMIs, Global Banks etc. It should also outline the key building blocks, features and functionalities of the proposed monitor. Check out this example >

Proposals will be evaluated on the following criteria:

– Relevance to FNA’s mission to make the financial system safer and more efficient

– Relevance to a specific industry problem or need

– Potential creativity of the proposed solutions

– Achievability of the project.

Submit form >

Rewards

 

Winning participants/ teams: £,1,500

Runners Up: £750

Both winners and runners-up will be invited to work at FNA and develop their proposals during an industry data science internship with FNA in 2022.

All participants will be featured as contributors to the G20 Monitor on the relevant platforms.

 

Need some inspiration to get started?

 

Explore some of our existing G20 Monitor dashboards and datasets to get some inspiration

Bis Consolidated Banking statistics

View its application in the G20 Monitor>

European Central Bank: Long Term interest rates > 

View its application in the G20 Monitor>

Office of Financial Research Market Fund Monitor Data >

View its application in the G20 Monitor>

GLEIF Foundation Level 2 Data >

View its application in the G20 Monitor>

World Bank Migration & Remittences Data >

View its application in the G20 Monitor>

Katerina Rigana, Winner 2021
"The G20 Monitor Challenge caught my immediate interest as it allowed me to showcase my work in an innovative setting to actual real world issues."

Previous Winners and Runners up

 

Meet the previous winners and runners up from our previous G20 Challenge and find out more about the dashboards they proposed.

 

Katerina Rigana

Winner

Causality Networks and Contagion Estimation in Currency Markets

Katerina now works for FNA on a permanent basis. She is also a PhD student in Finance at the SFP Swiss Finance Institute and has previously studied at the USI Universita della Swizzera Italiana in Lugano, Switzerland.

Katerina’s Dashboard looks at Forex and Contagion. Financial contagion can be a potential risk for countries and financial institutions who are trying to integrate their financial system with international financial markets. Being able to quantify contagion is therefore an important tool in order to evaluate the risk the country or institution is faced with.

Further reading: 

Causal Networks and Contagion in Forex >

 

Edoardo Giovannini

Winner

SME Watcher

Edoardo Giovannini completed his masters degree in Management at Luis Guido Carli University, writing a dissertation on ‘Corporate Governance in European banks “board composition effects on risks.”

Edoardo’s dashboard, SMEs Watcher, helps institutions understand how small and medium enterprises, (SMEs) fared during the Covid-19 pandemic. It can be used to gain a broad idea of how SME coped financially or job-wise.

Further reading: 

The impact of Covid-19 on Small and Medium Enterprises >

 

Jakub Schrimpel

Runner-up

Identification of internal MREL requirements in the cross-boarder banking

Jakub Schrimpel has a masters degree in Banking, Corporate Finance and Securities Law from Universiteit van Amsterdam.

Jakub proposed a dashboard entitled: “Identification of internal MREL requirements in the cross-boarder Banking.” During his internship at FNA Jakub developed a dashboard that looked at banking complexity with the aim of helping regulators evaluate the geographical complexity of a bank.

Further reading: 

How to track bank complexity with network analytics >

 

Giuseppe Matera

Runner-up

Diversify et Impera: Money Market Funds Portfolio Overlaps

University of Edinburgh Student and now FNA Data Scientist, Giuseppe Matera, proposed the dashboard entitled, “Diversity et Impera: Money Market Funds Portfolio Overlaps.” He now works with FNA’s Research & Development team with client-facing work as they work on the design on an innovative payment system. Giuseppe’s work has helped expand FNA’s proprietary synthetic payment data algorithm portfolio.

 

Yijie Zhou

Runner-up

Trophic Analysis: Applying the Idea of Food Chains to Financial and Economic Data

Yijie Zhou is a Data Analyst at FNA, working part-time as he completes his masters in Mathsys at the University of Warwick.

As an intern at FNA, Yijie worked with FNA’s Data Scientists to build the dashboard: Trophic Analysis. This dashboard applies the notion of trophic analysis to financial and economic networks. The dashboard aims to help financial institutions better understand their position and functionality with the networks and shine a light on policy and regulation problems.

Further reading: 

Trophic Analysis: Applying the idea of food chains to Financial and Economic data >

Any questions?

 

If you have any questions or queries, please don’t hesitate to get in touch with will@fna.fi

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