Philippine Financial Markets Connectedness Indices are also being developed to provide information on the amount of spillovers to the domestic financial markets. We are also looking at tapping new technologies such as big data analytics to further improve and widen the breadth of our surveillance.
Lastly, the BSP is reinforcing its model-based assessments with qualitative and informed judgments on current macroeconomic and financial conditions through the conduct of risk assessment initiatives similar to environmental scanning exercises. Concluding Remarks: Strength in Partnership Ladies and gentlemen, both external and domestic developments compel us to remain watchful in guarding against threats to growth and stability.