Monitoring Financial Stability in a Complex World

  • Mark D. Flood
  • Allan I. Mendelowitz
  • William Nichols
Chapter

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

Cash Flow Hedge Fund Generally Accept Accounting Principle Financial Account Standard Board International Account Standard Board 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Notes

The authors are grateful to Dick Berner, John Bottega, Con Crowley, Mark Flannery, Joe Langsam, Adam LaVier, Irina Leonova, Jim Rhyne, Jonathan Sokobin, Vicki Lemieux, and participants in the 2011 Records and Information Management for Financial Analysis and Risk Management Workshop at the University of British Columbia, participants at the 2012 Workshop on Privacy and Confidentiality Issues for Financial Data at Penn State University, and discussions of the Open Financial Data Group for numerous helpful comments. Any remaining errors pertain to the authors alone.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  • Mark D. Flood
    • 1
  • Allan I. Mendelowitz
    • 2
  • William Nichols
    • 1
  1. 1.U.S. Department of the TreasuryOffice of Financial ResearchCambridgeUSA
  2. 2.Committee to Establish the National Institute of FinanceWashingtonUSA

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