Supervisors Symposium - December 2023

Supervisors need a real-time data strategy • The Bank of England receives 65B data points each year. • You must gather and analyze orders of magnitude more data than that from your FIs, fintechs, and techfins in the U.S. • The biggest expansion of your exam surface has yet to arrive: • AI everywhere (“Aismosis”), LLMs, etc. • Decentralized monetary networks coming into full contact with fiat networks • DAOs, Web 3.0, Metaverse…? • The expansion of your exam surface is being driven by: • Ubiquitous data, artificial intelligence (ML, NLP), blockchains and tokenization • And you must lever these same tools to ensure safety, soundness and fairness

strategy

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