Recently, data-giant companies have entered into financial services, and the utilization of big data has become more pronounced in financial businesses. In addition, various new instruments, including the internet and smartphones, are used for access to financial services. All of these developments emphasize the importance of cyber-security and data-protection.
Consequently, we are making sure that our methodology for the cash rate is also in line with the IOSCO benchmark principles. We are in the process of ensuring that our data collection is capturing all cash market trades appropriately and that we can match data from both sides of the transactions.