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GRA · Payments and Market Infrastructure

Spatial financeWhere capital meets hazard, exposure and transition

Research and industry programmes

Payments and Market Infrastructure programmes follow oversight: international standards, regional infrastructure and cross-border links, and national systems overseen by central banks. The platform supplies evidence to overseers and operators.

Open Global industry questions Back to Payments and Market Infrastructure
01Sequence

The order things happen in.

  1. 01QuestionNational, regional or institutional priority
  2. 02EvidenceSTEM foundation of the platform
  3. 03BuildFoundry
  4. 04OrganiseNexus ecosystem
  5. 05TestUniverse (independent site)
  6. 06PublishReports
  7. 07DecideCompetent authorities and institutions, through NXS-RLS (participants, agreements and handoffs)
  8. 08RenewCorrections and the next annual agenda
02Levels

Three levels of work.

03What each examines

What each examines.

LevelQuestions
GlobalPFMI, cyber resilience, cross-border payments targets
RegionalCross-border links and regional fast payment interlinking
NationalSite and provider concentration; contingency arrangements including cash

Payments and Market Infrastructure programme work is read against CPMI-IOSCO (PFMI and cyber guidance), FSB and CPMI (cross-border payments roadmap) and Central banks (oversight). National entries would draw on PFMI disclosures, site geography, statistics, and each would state which values are observed, published statistics, modelled or unknown.

04Process

How the process runs.

Process explorer · Process

Research and industry programmes: Programme through eight gates

11 steps4 stages8 gates

Process

Research and industry programmes: Programme through eight gates

The Global Risks Forum (GRF) records eight yearly gates, each a programme decision; a gate not passed stops its work, and the competent authority decides outside.

  1. 01 Q1 · Planning

    1. 01G0 · Annual programme authorisedGate · The Global Risks ForumGRF authorises the annual mandate. It never sets a national agenda.
    2. 03Route the candidate mission to standardsStep · Nexus StandardsNexus Standards routes each candidate mission to the standards and profiles that apply.

  2. 02 Q2 · Readiness and build

    1. 04G1 · Missions admittedGate · The Global Risks ForumGRF admits missions with reasons recorded. It cannot admit a mission without an accountable owner.
    2. 05G2 · Data and resources qualifiedGate · The Global Risks ForumReadiness preparation closes when data, people and resources are qualified.
    3. 06G3 · Build accepted for exerciseGate · The Global Risks ForumGRF records whether the build is accepted for exercise. A gate not passed stops the work it governs.

  3. 03 Q3 · Action Week

    1. 07G4 · Controlled live operation authorisedGate · The Global Risks ForumGRF authorises controlled live operation for Action Week.
    2. 08G5 · Evidence sealed and stand-down recordedGate · The Global Risks ForumThe evidence is sealed with its provenance and the stand-down is recorded.

  4. 04 Q4 · Reporting and renewal

    1. 02Competent authority decides and actsActor · The competent authorityThe competent authority decides and acts under its own rules. The programme informs it and never decides for it.
    2. 09Scientific and editorial reviewStep · Reviewers and the publisherQualified, conflict-managed reviewers and the publisher decide what is accepted. Institutions cannot decide a scientific conclusion.
    3. 10G6 · Publication authorisedGate · The Global Risks ForumGRF authorises publication of results that have passed scientific and editorial review. It cannot publish personal data.
    4. 11G7 · Renewal reviewedGate · The Global Risks ForumGRF reviews renewal and sets the next cycle’s mandate.

The programme year · The Global Risks Forum · Decision rightsDesigned programme process, not a record of operation. No cycle has run and every programme is at service level R0. A gate is a programme decision, never a public-authority approval, certification or deployment authorisation.

05Status

Every programme shows where it stands.

A programme is shown as exploring, forming, constituted, active, paused or archived, according to its record. A plan is never presented as an activity.

06Sources

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.

07Pages

Pages in Research and industry programmes.

Page

Global industry questions

Page

Regional exposures

Page

Country readiness contexts

08Questions

Questions and answers.

How does a country take part?
Through its national programme. Country enquiries go to the Consortium Secretariat at the contact form or a regional desk.
Payments and Market Infrastructure

Bring an exposure or capital question to the Alliance.

Information and enquiries are open today. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.

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