ECB publishes “SSM digitalisation blueprint” detailing live suptech tools

The European Central Bank (ECB) published a presentation detailing the digitalization plan for the single supervisory mechanism (SSM), which sets the build of an “innovative suptech portfolio”.

The “impact clusters” were identified as: digital collaboration; textual analysis; advanced analytics; and process automation.

Source: ECB

There’s also the Olympus project, which aims to build a modern and shared IT landscape for the entire European banking supervision. By 2030, the ECB intends to: promote unified access and identity management and enhance digital collaboration and navigation of IT; simplify access to data, enable analysis and processing with a few clicks, and reduce reporting burdens; foster user-friendly and fast digital innovation through common IT standards and delivery models.

Read the full presentation

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