Share page with AddThis


BIS names head of innovation hub

Innovation technologyThe Bank of International Settlements (BIS) has appointed an executive at Sweden’s central bank to serve as the head of its BIS Innovation Hub.

Cecilia Skingsley currently serves as the first deputy governor of Sverige Riksbank.

She has been appointed on a five year-term, replacing Benoît Cœuré, who was appointed president of France's Competition Authority in January.

Coeure was the inaugural head of the innovation hub which was launched in early 2021 by the BIS, which is typically described as the central bank for central banks.

The hub was set up with the purpose of monitoring technology developments that could impact central banks’ activities and also to help develop products to improve the functioning of the global system.

Some of the work undergone by the hub has involved the tokenisation of green bonds and the establishment of central bank digital currencies (CBDC).

Skingsley and Sverige Riksbank are especially active in the CBDC space.

© 2022 fundsTech

Most read features

Cryptocurrencies: Solving crypto’s sustainability problem

Cryptocurrencies like bitcoin have a huge carbon footprint but, as Nicholas Pratt discovers, environmentally friendly alternatives exist.

Roundtable: The digital transformation opportunity

The funds industry is looking at adopting new types of technology, from automation to ESG reporting, blockchain and tokenisation. A FundsTech roundtable in March explored how these will revolutionise the sector.

Proxy voting: Making every vote count

With stewardship more important than ever and digital technology to the fore, surely it is time to solve the problem of proxy voting? Nicholas Pratt investigates.

Interview: Rise of the robo-adviser

FundsTech talks to Nutmeg’s CTO, Matt Gatrell, about the role of technology in its online offering.

Regulation: Panel calls for simplicity in ESG reporting

The industry accepts the need for more rigour in ESG fund reporting, but the work will be pointless if investors don’t understand the end result. Nicholas Pratt reports.

Sponsored Profiles

The digitally connected Global Transfer Agent

Anand Ramachandran, Vice President, Global Head of Solutions, Richard Clarkson, Head of Solutions, Funds and Swapnil Joshi, Senior Strategy Manager from Oracle Financial Services Global...

Data consolidation takes centre stage in asset management M&A

MergersConsolidation between asset management firms is overwhelmingly expected to increase. Operational challenges remain thanks to legacy systems. But in a recent...

Are you being microserved?

As asset managers grapple with new digital technology, FundsTech talks to Calastone’s Adam Belding about the importance of software architecture and the benefits...

Sponsored profile: A question of trust

AcrobatsAs more firms adopt agile software development practices, Petra Roche of Metrosoft explains why trust is so important in making agility work.