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9–14 minutes
Federated Learning and the Future of Systemic Risk Monitoring
Read More ->: Federated Learning and the Future of Systemic Risk MonitoringCross-border financial data remains fragmented, siloed, and difficult to use for proactive risk oversight. With new privacy, AI, and governance rules tightening globally, collaboration between financial institutions has become both necessary and technically complex. Federated learning is a promising framework for overcoming these challenges.
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18–27 minutes
How to Create and Validate Synthetic Financial Data in Python
Read More ->: How to Create and Validate Synthetic Financial Data in PythonRecently Data Sense published an article discussing how synthetic financial data is reshaping risk management in financial services. We detailed how financial regulators have begun to experiment and publish guidelines for implementing and assessing synthetic data for analytical fidelity and privacy preservation. But how can this actually be achieved? Extending our previous research, we have provided a framework below for economists, supervisors and financial data scientists to implement and assess synthetic data use cases. The objective of this tutorial is to help economists, supervisors, and financial data scientists gain practical experience in generating, validating, and assessing synthetic financial data using…
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8–12 minutes
Synthetic Data in Financial Services: Reshaping Risk
Read More ->: Synthetic Data in Financial Services: Reshaping RiskAs synthetic data in financial services gains momentum, evidence from the Financial Conduct Authority (FCA), the European Commission (EC), and central-bank forums shows it can help close cross-border visibility gaps in risk monitoring and systemic oversight When Lehman Brothers collapsed in September 2008, supervisors around the world struggled to see how risks were propagating through interconnected balance sheets and payment networks. Traditional reporting systems were too slow, too fragmented, and too siloed to provide the real-time visibility needed for effective oversight. More recently, the downfall of Credit Suisse in 2023 underscored how gaps in oversight and opaque cross-border exposures can still destabilize…


