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08 January 2018 Submitted by Calvin Johansson (not verified)
Moving to more data granularity will also require financial supervisors to increase their knowledge and skills in being able to analyse the data to generate information that can assist them in doing more effective and efficient risk assessment of their financial institutions. The increased knowledge and skills required are both quantitative capabilities and qualitative (judgemental) capabilities. In particular, supervisors need to avoid "analysis paralysis" that can easily happen with having access to large, more granular data.
Moving to more data granularity will also require financial supervisors to increase their knowledge and skills in being able to analyse the data to generate information that can assist them in doing more effective and efficient risk assessment of their financial institutions. The increased knowledge and skills required are both quantitative capabilities and qualitative (judgemental) capabilities. In particular, supervisors need to avoid "analysis paralysis" that can easily happen with having access to large, more granular data.