Monitoring Financial Stability in a Complex World

Flood, Mark D.; Mendelowitz, Allan I.; Nichols, Bill

doi:10.2139/ssrn.1989033

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Monitoring Financial Stability in a Complex World

FINANCIAL ANALYSIS AND RISK MANAGEMENT: DATA GOVERNANCE, ANALYTICS AND LIFE CYCLE MANAGEMENT, V. Lemieux, ed., Springer Verlag, 2012

53 Pages Posted: 21 Jan 2012 Last revised: 25 Mar 2012

See all articles by Mark D. Flood

Mark D. Flood

R. H. Smith School of Business, U. of Maryland

Bill Nichols

Government of the United States of America - Office of Financial Research

Date Written: March 14, 2012

Abstract

We offer a tour d’horizon of the data management issues facing macroprudential supervisors. Traditional financial oversight has been very firm-centric, with strong respect for the boundaries of the firm. Even in this firm-oriented context, financial information has been expanding much faster than traditional technologies can track. As we broaden to a macroprudential perspective, the problem becomes both quantitatively and qualitatively different. Supervisors should prepare for new ways of thinking, and larger volumes of data.

Keywords: data management, macroprudential supervision

JEL Classification: C81, C82, G38

Suggested Citation: Suggested Citation

Flood, Mark D. and Mendelowitz, Allan I. and Nichols, William, Monitoring Financial Stability in a Complex World (March 14, 2012). FINANCIAL ANALYSIS AND RISK MANAGEMENT: DATA GOVERNANCE, ANALYTICS AND LIFE CYCLE MANAGEMENT, V. Lemieux, ed., Springer Verlag, 2012 , Available at SSRN: https://ssrn.com/abstract=1989033 or http://dx.doi.org/10.2139/ssrn.1989033