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GRA · Financial Stability

Spatial financeWhere capital meets hazard, exposure and transition

Technology and emerging practices

Technology relevant to financial stability, risk management and systemic risk and capital markets and investment: what it can do, the constraints it faces and its consequences for people and institutions.

01Workspace

The workspace for technology and emerging practices.

Innovation pipeline

Financial stability · Stage gates · Example interface, not a record

Gate review in 6 dGRA · Financial Stability

By readiness level

TRL 2 to 301
Macroprudential bufferconcept tested
TRL 4 to 502
System-wide stress testlab validation
Non-bank leverage studylab validation
TRL 6 to 701
Systemic risk dashboardpilot with owner
Adoption review01
Contagion network modelowner decides

Readiness criteria

pilot vs gate

Evidence of effect34 of 70 requiredSafeguards94 of 80 requiredOperating cost known54 of 60 requiredOwner commitment41 of 75 required

Pilot issues

  1. I-1Data licence for pilot siteTo check1 d
  2. I-2Observer protocol signedDone6 d
Innovation pipeline.Illustrative interface; not live data.

Financial Stability · Innovation pipeline. Innovation pipeline: example names and illustrative values, not a record.

02Approach

Evaluate before adopting.

  1. 01

    Need

    Which problem does the technology address, and for whom?

  2. 02

    Evidence

    What has been demonstrated, under what conditions, and what remains untested?

  3. 03

    Constraints

    Cost, skills, infrastructure, data and governance requirements.

  4. 04

    Consequences

    Effects on safety, rights, equity and the environment.

03Structural change

Where new structures move systemic risk.

ChangeStability question
Growth of private credit and fund-level leverageWho holds the losses, and how do banks' exposures to nonbanks transmit them?
Central clearing of government bond marketsDoes it reduce bilateral risk while concentrating margin and liquidity demands?
Stablecoins and tokenised depositsCould runs spread to the reserve assets and the banks that hold them?
Concentration in cloud and data providersCould one outage stop several critical functions at once?
04Build and test

From idea to tested capability.

Promising work can be built in Foundry and tested under controlled conditions through Universe. No technology is described as proven before it has been tested and reviewed.

05Sources

Where this page's references lead.

The bodies and documents this page is read against. Status and editions change; each link goes to the issuing body.

06Questions

Questions and answers.

Does the platform endorse products?
No. It evaluates technologies and publishes what it finds, with limits. It does not endorse, certify or recommend products or vendors.
ReportsContribute

Contribute evidence from this page.

Reports is the Consortium's quarterly publication. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work.

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Financial Stability

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