Seminar material

Programme

Day 1

Harry Leinonen / Bank of Finland: Current situation and recent developments, presentation.

Jamie McAndrews / FED New York, Kimmo Soramäki / Helsinki University of Technology: Beliefs and Settlement Risk, presentation.

Kristian Andersen / Danmarks Nationalbank: Beliefs and Settlement Rrisk, discussion handouts.

Marco Galbiati / Bank of England, Kimmo Soramäki / Helsinki University of Technology: Dynamic model of funding in interbank payment systems, presentation.

Fabien Renault / Banque de France: Dynamic model of funding in interbank payment systems, discussion handouts.

Walt Beyeler, Robert J. Glass / Sandia National Laboratories: Congestion and Cascades in Coupled Payment Systems, presentation.

Neville Arjani / Bank of Canada: Congestion and Cascades in Coupled Payment Systems, discussion handouts.

Michael Boss, Claus Puhr / Österreichische Nationalbank: Systemically important accounts, network topology and contagion in ARTIS, presentation.

Martina Glaser, Philipp Haene / Swiss National Bank: Simulation of participant-level operational disruption in Swiss Interbank Clearing, presentation.

Ronald Heijimans / De Nederlandsche Bank: Stress simulations: A Dutch case, presentation.

Ágnes Lublóy, Eszter Tanai / Magyar Nemzeti Bank: Operational Disruption and the Hungarian RTGS system VIBER, presentation and paper.

Kristian Roefs / National Bank of Belgium: Operational disruptions: 3+1 cases, discussion handouts.

Day 2

Kemal Ercevik, John Jackson / Bank of England: Simulating the impact of hybrid functionality on CHAPS banks, presentation and paper.

Kirsi Ripatti / Bank of Finland: Simulating the impact of hybrid functionality on CHAPS banks, discussion handouts.

Michael Alexander / Wirtschaftsuniversität Wien: Formal Modeling of Clearing and Settlement, presentation.

Donatas Baksys / Kaunas University of Technology: Modelling, simulation and optimization of interbank settlements, presentation and paper.

Matti Hellqvist / Bank of Finland: Modelling, simulation and optimization of interbank settlements, discussion handouts.

Harry Leinonen / Bank of Finland: BoF-PSS2 - A tool for analysis of liquidity, risk and efficiency, presentation.

Step-by-Step Simulation example (decimal comma version), presentation.