FNA is working with the Bank for International Settlements Innovation Hub Singapore Centre (BISIH), the Monetary Authority of Singapore (MAS) and Accenture on the second phase of Project Ellipse. 

Project Ellipse is a proof of concept exploring how supervision could become insights-based and data-driven using an integrated regulatory data and analytics platform.

The two-phase project first explored how authorities and financial institutions could generate  process efficiency gains by mapping granular data to a common cross-border data model. 

In phase two, the Project Ellipse team is exploring how Artificial Intelligence and Machine Learning techniques can be used to analyse unstructured sources of data, such as news data on corporate lending markets. The project aims to highlight correlations between current events and supervisory metrics, and provide early warnings for supervisory attention via a set of dashboards.

Together with Andrew McCormarck and Joy Wann from the BISIH Singapore and Kenneth Gay from the MAS, FNA’s Founder and CEO Kimmo Soramaki presented the initial progress at the Singapore Fintech Festival in November 2021.

The final results of Project Ellipse will be made available at the end of March 2022. 

More News

Case Study: Fnality International

Fnality International partnered with FNA to help design their new payment system and quantify the benefits for their participants by means of simulation.   Introduction   Financial markets face unprecedented challenges. These challenges include fragmented and inefficient post-trade processes, liquidity constraints and complex and costly risk management. To address these challenges, Fnality is developing a […]

The CBDC Broadcast: Rewind

The CBDC Broadcast: Rewind   Catch up on FNA’s new 60-minute webinar, The CBDC Broadcast, hosted by Will Towning. The webinar covers the latest CBDC-related news and events and features input from the brightest minds in the industry to provide a clear and concise overview of the latest developments in the world of CBDCs.  Catch up […]

The CBDC Broadcast

Episode #1: Quantifying the Impact of CBDCs   How can central banks, commercial banks and other organisations use simulation technology to understand the impacts of introducing a CBDC? Dr Kimmo Soramäki and Dr Carlos León explore how financial organisations can benefit from simulations and introduce FNA’s CBDC Simulator. Watch the webinar recording now.
Copyright FNA © 2022 | Privacy Policy