Central Banking

CENTRAL BANKING

CENTRAL BANKING FUNCTIONS

To manage monetary policy
To avoid systemic failures in banking industry
To regulate the economy’s payment and clearing systems
To supervise and regulate the banking system
To hold and manage the foreign currency reserves
To provide information and statistics on the economy
To serve as an advisor to the Government on economic matters

BUSINESS CASE - EDWH & BI

Develop efficient and integrated data repository center
Eliminate statistical inconsistencies
Enable efficient data capture
Enable efficient access to data and information
Create environment for efficient data sharing
Integrate data from multiple sources
Develop centralized approach to data analysis and reporting
Enable development and utilization of business intelligent tools and strategies

DATA ACQUISITION

Ensure Required Data is captured
Ensure Data Quality
Ensure Data Timeliness

DATA INTEGRATION

Build Common Meta data & master data framework
Define standard data structure for storage
Ensure data is loaded into Central repository at Financial Institutes

DATA CONVERSION

Map target data to Repository data structure
Define Business Logic for Mapping and validating
Implement the business logic

DATA SUBMISSION

Prepare and Implement the calendar for Returns submission
Build the return submission tracking mechanism
Build Provision for receiving and interpreting feedback