Thus, I would like to ask all the relevant entities, who collect and utilize data, to pay due attention to ensuring data security. III. Big Data and Central Banking Big data also has substantial implications for central banking. All the operations and policy conduct of the central bank are closely linked with data collection and processing.
Every operation including the settlement of funds and securities, and the processing of treasury funds through daily operations of the central bank’s system, the core infrastructure of the economy, is made up of gigantic amounts of data processing.