I will look at two challenges that are of vital importance: globalization and population ageing. The responses to these challenges will have an important bearing on the future of European social models. Globalization & rapid technological change The end of the cold war ushered in the current rapid phase of globalization.
Although the supervision and central banking functions require their own analytical approaches, their decision-making processes draw on the aforementioned data dictionary and warehouse. The same holds for other uses of the data, such as for research and official statistics. Some of the data we manage are confidential and/or sensitive. The protection of the integrity and confidentiality of data is therefore a key concern.