London, October 8th, 2020: FNA, a deep technology firm specialising in advanced network analytics and simulations, today announced the launch of its award-winning G20 Monitor. 

Built in response to the unprecedented challenges of the COVID-19 crisis, the G20 Monitor enables financial institutions and authorities to monitor the global financial system and economy, map interconnectedness, and tackle systemic risks. 

The solution has been designed as a collection of 10 monitors encompassing over 30 interactive dashboards, allowing users to understand large datasets, identify risks and enable proactive real-time monitoring. This enables financial authorities to quickly identify problems and anomalies that could result in systemic instability.

Sourcing both structured and unstructured publicly available data, the G20 Monitor displays this information, accompanying analytics and modelling within its set of dashboards. FNA plans to increase the number of monitors and dashboards over the coming months. 

Dr Kimmo Soramäki, Founder and CEO, added: This new solution will allow central banks and authorities to better understand risk and interconnectedness. In addition, we believe that the G20 Monitor will facilitate stronger coordination amongst regulatory and supervisory agencies – as it will support them in formulating and implementing cross-jurisdictional responses to systemic risks, especially at the time of unprecedented disruptions from the COVID-19 crisis”.

This week, the solution earned high praise, winning the inaugural edition of the G20 TechSprint, in the Dynamic Information Sharing in Response to Crisis category. The G20 TechSprint is a joint initiative between the Bank for International Settlements Innovation Hub (BISIH) and the G20 Saudi Presidency – designed to showcase the potential for new technologies to resolve operational problems in the areas of regulatory compliance (Regtech) and supervision (Suptech). The hackathon-style competition is also supported by the Monetary Authority of Singapore (MAS), the Financial Stability Board (FSB), API Exchange (APIX), and the RegTech for Regulators Accelerator (R2A).

To explore the G20 Monitor and its applications, please visit www.g20monitor.com.

Ends

For further information
Anthony Harrison, CMO, FNA
email: anthony@fna.fi
tel: +44 203 538 6505

More News

The CBDC Broadcast Session #5

CBDC Motivations, Challenges and Design Choices- A perspective from Latin America   Wednesday 18th May 2022, 14:00 (BST) There are many motivations for rolling out a CBDC, from achieving higher financial inclusion and higher transactional efficiency to preserving monetary sovereignty by compensating for the declining use of cash and by countering the entrance of new […]

The FMI Broadcast

About the series   The payments and FMI landscape are rapidly evolving as new technologies, digital currencies, and disrupters emerge. FMIs and their members must understand the impact of these changes to safely ensure financial and economic stability. Following on from the success of FNA’s monthly CBDC Broadcast, The FMI Broadcast will follow a similar […]

Case Study: UK Finance

UK Finance quantifies potential improvements to liquidity and risk reduction in the CHAPS payment system through FNA’s payment optimization and simulation technology.   Introduction   The Clearing House Automated Payments System (CHAPS) is one of the largest high-value payment systems in the world, processing an average daily value of over £360 billion. Clearing participants, such […]
Copyright FNA © 2022 | Privacy Policy