The Role of Data Assets in the Financial Sector

Gabor Izsak (), Alexandr Palicz (), Katinka Szasz () and Balazs Varga ()
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Gabor Izsak: Magyar Nemzeti Bank
Alexandr Palicz: Magyar Nemzeti Bank
Katinka Szasz: Magyar Nemzeti Bank
Balazs Varga: Magyar Nemzeti Bank

Financial and Economic Review, 2022, vol. 21, issue 1, 164-173

Abstract: The article presents the anticipated effects of data in the 21st century in the economy, with a special focus on the financial sector. Using successful international examples, it highlights the fact that the transition to a data economy is not merely a measure of efficiency of economic actors but also their key to survival; to ensure this, it is essential that the state assumes a role in making data available, developing competitive digital competences and deepening customer trust.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:mnb:finrev:v:21:y:2022:i:1:p:164-173

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