Technology advancements are driving the digitalization of financial markets, and large-scale investment in new emerging technologies are fundamentally changing the operating environment as finance is becoming more data driven. While these innovations in artificial intelligence and big data have the potential to engender new systemic vulnerabilities in financial markets, they can also serve as the next generation foundation for safeguarding financial stability.
As the impact of data and technology on finance is becoming more pronounced, the Bank of Finland is hosting a conference entitled Data Driven Financial Stability: Opportunities and Challenges in Big Data on 2–3 December.
TOPICS AND PROGRAMME
The program will deal with the following themes
- New data centric risks and opportunities
- Alternative data and data mining as a source of new insight
- Artificial intelligence (AI) and cloud platforms
- Collaboration and open source initiatives
- The future of financial stability
The conference will take place on 2-3 December 2019 at Finlandia Hall in Helsinki and it includes keynotes and panel discussions.
The conference will be streamed and following live stream does not require separate registration.
TARGET GROUP
We welcome central bankers, supervisors, market participants, fintechs, academics and experts of the conference topics to participate in the conference.
Participation in the conference is free.
PROGRAMME
CONFERENCE DAY 1, MONDAY 2 DECEMBER
09:00-10:15 Introductory speeches, Presentations 09.00-09:15 Olli Rehn, Governor, Bank of Finland, Recording 09:15-10:15 Bruno Tissot, Head of Statistics and Research Support, Bank of International Settlements, Recording |
10:45-12:15 Session 1 Data driven transformation, Presentations 10:45-11:15 Louis Marc Ducharme, Chief Statistician and Data Officer, and Director Statistics Department, International Monetary Fund, Recording 11:15-11:45 Jon Frost, Senior Economist, Innovation and the Digital Economy unit, Bank of International Settlements, Recording 11:45-12:15 Robert Macrae, Research Associate, Systemic Risk Centre, Recording |
13:45-14:15 Session 2 Understanding the risks in complex technologies, Presentations 13:45-14:15 Meeri Haataja, Chief Executive Officer, Saidot, Recording |
14:15-15:15 Session 3 Identifying interconnectedness, Presentations 14:15-15:45 Tuomas Peltonen, Deputy Head of the Secretariat, European Systemic Risk Board, Recording 14:45-15:15 Jan-Willem Ophof, Global FSI Technology Strategist, Microsoft & Vadim Sobolevski, Co-founder, FutureFlow, Recording |
15:45-16:15 Session 4 Collaboration and open source initiatives, Presentations 15:45-16:15 Jacopo Grazzini, Statistical Officer, Eurostat, Recording |
16:15-16:45 Session 5 Opportunities and barriersin technology adoption and innovation 16:15-16:45 Ginger Jin, Amazon Scholar, Amazon, Recording |
CONFERENCE DAY 2, TUESDAY 3 DECEMBER
09:00-10:00 Session 6 Alternative data and data mining as a source for new insight, Presentations 09:00-09:30 Edgar Meij, Head of AI Discovery, Bloomberg, Recording 09:30-10:00 Markus Tibblin, Chief Data Officer, Sveriges Riksbank, Recording |
10:30-11:00 Session 7 New trends shaping financial services 10:30-11:00 Matthew Blake, Head of Financial and Monetary Systems Initiatives, World Economic Forum, Recording |
11:00-12:40 Session 8 Future of financial stability, Presentations 11:00-11:20 Klaus Wiedner, Director, DG Financial Stability, Financial Services and Capital Markets Union, European Comission, Recording 11:20-11:40 Steffen Kern, Chief Econimist and Head of Risk Analysis, European Securities and Markets Authority, Recording 11:40-12:00 Heli Koski, Research Director, Research Institute of the Finnish Economy & Aalto University, Recording 12:00-12:40 Panel discussion hosted by Aleksi Grym, Head of Digitalisation, Bank of Finland, Recording |