Analytical credit dataset, the integrated reporting framework and the banks’ integrated reporting dictionary: Do we overshoot? Or do we undershoot?

Werner Bier, Jean-Marc Israël, Antonio Colangelo and Riccardo Bonci
Additional contact information
Jean-Marc Israël: Former Head of Division, European Central Bank, Germany

Journal of Securities Operations & Custody, 2018, vol. 10, issue 3, 268-278

Abstract: The demand for more complete, timely and disaggregated information — at an individual institution and even instrument level — became pressing during the financial crisis. As a result, central banking statistics moved towards granular data collection, eg as regards loans (with analytical credit datasets (AnaCredit)) and securities, strengthening policymaking in various respects, from monetary policy to macro-prudential policies supported by in-depth economic research and analyses. Reporting agents also benefit from a higher degree of standardisation, comparability and stability of reporting over time. Significant returns on investment are expected to materialise for both policy-makers and the financial industry through enhancing cross-country comparability and limiting redundancies in the data collection. With the banks’ integrated reporting dictionary (BIRD) and the integrated reporting framework (IReF) the European System of Central Banks (ESCB) is acting to gradually automate and optimise reporting from banks parallel to the progressing digitalisation in the financial industry.

Keywords: central bank statistics; granular data; AnaCredit; integrated reporting framework (IReF); banks’ integrated reporting dictionary (BIRD) (search for similar items in EconPapers)
JEL-codes: E5 G2 K22 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/1531/download/ (application/pdf)
https://hstalks.com/article/1531/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jsoc00:y:2018:v:10:i:3:p:268-278

Access Statistics for this article

More articles in Journal of Securities Operations & Custody from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().