17th Seminar 2019
29–30 August 2019
Bank of Finland, Helsinki
The Simulator Seminar themes cover new development, detecting anomalies and real-time monitoring of FMIs as well as preparing for future challenges such as big data analysis or machine learning technology of FMIs. Smooth and reliable financial market infrastructures, like payment and securities settlement systems, play a crucial role for the well-functioning economy. In the evolving financial landscape, quantitative analysis of the FMIs remains an important method to deepen our understanding of on-going developments, potential risks and efficiency gains.
The seminar is targeted for overseers, operators, supervisors as well as market participants.
Contributions
DAY 1, THURSDAY 29 August 2019
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Opening remarks |
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Keynote: Modernizing Payments Research: Using Machine Learning and Panel Methods to Help Design Wholesale Payments |
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Joint Determination of Counterparty and Liquidity Risk in Payment Systems |
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Unsupervised Anomaly Detection for Payment Systems at Transaction Level |
| Assessing Financial Market Infrastructures with Neural Networks: An Application to the Canadian Automated Clearing and Settlement System (ACSS) Leonard Sabetti, Payments Canada (presentation) Discussant: Timothy Aerts, De Nederlandsche Bank |
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Stable, Changing or Fragile? Assessing the Stability of Payment Profiles |
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What Kind of Payments Settle in a Real Time Gross Settlement System? The Case of Norges Bank’s Settlement System (NBO) |
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An Economic Perspective on Payment Migration |
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Payment Choice Using Big Data: New York Taxis |
DAY 2, FRIDAY 30 August 2019
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SORBNET2 Stress-Testing and Oversight |
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Monitoring Intraday Liquidity Risk in High-Value Payment Systems |
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Detecting Community Critical Participants in Payment Networks: an Application to TARGET2 |
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Interconnectedness in the Global Clearing Network |
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Descriptive Analysis of the Client Clearing Network in the OTC Derivatives Market in the Euro Area |
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Payment system simulation to support LSM design |
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Settlement liquidity in SIC |
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Discussion and remarks |