A data centre: big data demands a lot of computing power
The Irving Fisher Committee on Central Bank Statistics (IFC) is to press ahead with its work on statistical issues posed by fintech and update its work on big data.
The IFC’s 2019 annual report said it had investigated a host of issues in 2019, including big-data analysis and artificial intelligence, data governance frameworks, micro-macro data integration and financial accounts.
A particular area of interest has been fintech. In 2018, the IFC – part of the Bank for International Settlements –
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