Quantifying the Impact of CBDCs
11th January 2022
Dr Kimmo Soramäki and Dr Carlos León joined host Will Towning to explain how central banks, commercial banks and other organisations can use simulation technology to understand the impacts of introducing a CBDC? The presentations covered:
- A brief introduction to simulating payment systems
- The advantages of using an agent-based model for modelling complex adaptive systems
- FNA’s model for simulating CBDCs [link to research paper]
- How FNA’s simulator works and how it can help organisations understand the impacts of introducing a CBDC
The presentations also include a brief demonstration of the CBDC Simulator.
Watch the Recording
Session #1 Guests
 | Dr Kimmo Soramäki Founder & CEO, FNA Kimmo has been working with Central Banks for over 25 years. This work led him to found FNA in 2013 to solve important issues around financial risk and for exploring the complex financial networks that play a continually larger role in the world around us.
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 | Dr Carlos León Director of Advanced Analytics and Simulations, FNA Carlos is responsible for FNA’s CBDC simulation solutions. He also provides expertise on banking liquidity stress testing. Carlos has previously worked for Banco de la República as a Senior Researcher and as a short-term expert for the International Monetary Fund.
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Missed our previous sessions? Watch the series on-demand
 | 20th July 2022 CBDC Motivations and Challenges – A Perspective from Asia-Pacific With: Masaki Bessho & Dr Steven Hu
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 | 30th June 2022 Central Banks and Private Money: The Past, Present and Future With: John Kiff & Harish Natarajan
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 | 18th May 2022 CBDC Motivations and Challenges – A Perspective from Latin America With: Ludmilla Butueau Allien & Dr Adolfo Sarmiento |
 | 28th April 2022 CBDC Motivations and Challenges- A Perspective from the UK & Canada With: Dr Francisco Rivadeneyra & Mehregan Ameri |
 | 16th March 2022 HSBC & IBM’s Joint CBDC Project With: Mark Williamson & Soren Mortensen |
 | 15th February 2022 Critical policy issues & Lessons Learned from UK and China With: Jean-Michel Godeffroy & Keith Bear |
 | 11th January 2022 Quantifying the Impact of CBDCs With: Dr Kimmo Soramäki & Dr Carlos León |
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