FNA’s Carlos León contributes to the World Economic Forum’s latest Insight Report, addressing the critical liquidity demands and risks of transitioning to wholesale CBDCs and atomic settlement.

As legacy RTGS systems age, integrating Liquidity-Saving Mechanisms directly into core central bank ledgers limits agility and increases complexity. By extracting these mechanisms into an independent "LSM Overlay Service," financial institutions can algorithmically resequence payments to save up to 69% in liquidity while enabling faster, modular infrastructure upgrades.

Trade credit drives corporate supply chains but exposes firms to cascading late-payment and default risks. By applying interbank Liquidity-Saving Mechanisms (LSMs) to corporate networks, a new Financial Market Infrastructure could drastically reduce liquidity requirements, clear gridlocks, and provide unprecedented visibility into supply chain health.

While "atomic settlement" promises instantaneous and simultaneous asset transfers, it creates unsustainable liquidity costs for financial institutions in a positive interest rate environment. By deploying smart algorithms to group individual trades into efficient "molecules," institutions can achieve near-instant settlement without sacrificing critical liquidity savings.

In part two of 'The Power of Payments Data,' FNA explores how graph-based anomaly detection at the system level provides the accuracy, resilience, and agility needed to dismantle sophisticated global money laundering networks.

Traditional geographic maps are no longer sufficient to navigate the complex, borderless threats of the modern global economy. To manage these interconnected systems, "Financial Cartography" proposes mapping the hidden networks of global trade, financial markets, and critical infrastructures to visualize systemic risks and empower rapid, data-driven decision-making.The Digital Operational Resilience Act (DORA) expands European financial regulation to explicitly cover third-party ICT and cloud service providers. By mapping these critical technological interdependencies, regulators and institutions can better visualize, simulate, and mitigate the severe systemic risks posed by cloud concentration.