The data dilemma: a risk or an asset?

10 Nov 2017 at 10:00am

Zagreb, Croatia

eabh in cooperation with INFUTURE

The amount of data about the finance sector is growing exponentially and storing it is becoming easier. Businesses are excited about the commercial possibilities of ‘Big Data’; academics are relishing the research potential of deep data archives and regulators are hoping for a fuller view of systemic risk and stability.

Will it all turn out well though? The current reality of massive data stores is often no more than massive cost and complexity. The workshop will explore how we got here with data and where we go next. Ultimately, can a meeting of business, academics and regulators resolve the data dilemma and find a way to turn a risk into an asset?

Programme

09.45	Welcome coffee
10.10	Welcome Hrvoje Stančić (Zagreb University) Gabriella Massaglia (eabh) Keynote speech: Data and control – risks and possibilities in the financial domain  Tove Engvall (Mid Sweden University) Data as a strategic asset for central banks policies Per Nymand-Andersen (ECB)
11.15	Coffee break
11.30	Does more data make better economic policy? A view from HM Treasury, the UK’s economics and finance ministry Mario Pisani (HM Treasury) & Jan Booth (DEFRA – former HM Treasury) The ‘Big Data Revolution’ in banking and financial history. Some French experiments. Angelo Riva (European Business School - Paris and Paris School of Economics)
12.55	Lunch
14.00	Secure long-term preservation of banking and financial records Djordje Hinic (Piql AS)  Privacy, confidentiality, security and consumer protection Kertész Ákos (Central Bank of Hungary) What happened in the Daily Gold Fixings Auctions: 1919-1968 - The missing data Fergal O'Connor (University of York)
15.15	Coffee break
15.30	A tale of rain and bank runs. From small to big data and back  Anton Comanescu (National Bank of Romania) Calling all archivists - the five grand challenges of the digital environment Michael Moss (Northumbria University)
16.20	Wrap-up Hrvoje Stančić (Zagreb University)