The purpose of this working paper is to share the RegTech for Regulators Accelerator's (R2A) approach, process, and tools with financial authorities and other experts who aim to develop and test new RegTech and SupTech solutions for market oversight and policy analysis. The R²A approach draws...

The Bangko Sentral ng Pilipinas (the Philippines Central Bank, or BSP) Supervisory Data Center (SDC) was receiving incomplete, late, and inconsistent reports from the supervised financial institutions. Data cleaning and validation was consuming significant resources. The process was primarily...

The consumer complaints system at the Bangko Sentral ng Pilipinas (the Philippines Central Bank, hereafter BSP) was limited by outdated communication channels, an incomplete database of customer complaints, reliance on manual processing, few analytics tools, low visibility outside of the Metro...

Digital transformation of the financial sector has been driving financial inclusion and innovation. Better connectivity, cheaper mobile technology, new products, and improved customer experience are steadily closing gaps in technology adoption and financial access. However, a new “Big Data...

Supervisory Technology (SupTech) is poised to effect a paradigm shift in the fight against financial crime. SupTech-based data architectures that combine advanced data transmission, storage, and analytical technologies have the potential to dramatically enhance the accuracy, efficiency, and...

Financial authorities' use of technology has evolved over the years, leading to different generations of technology that culminate in what the paper considers as suptech. Suptech refers to the application of big data or artificial intelligence (AI) to tools used by financial authorities. There...

This study aims to understand the extent to which policymakers continue to be impacted by the COVID-19 pandemic as we move away from the crisis. The survey provides insights into the types of consumer risks that have emerged because of the pandemic and the impact of such risks on policy...

Authored by the University of Cambridge SupTech Lab, the State of SupTech Report 2022 presents insights on the current state of the digital transformation of financial supervision based on engagement with 146 supervisory agencies globally, including: i) Suptech demand from financial authorities,...