We should commend ourselves on this achievement, and seek to use our networks ever more effectively, in attaining the objectives of our central banks. That is what this conference is about. How do we use the opportunities which new technologies offer us to deliver central banking services as efficiently as possible, without exposing the banking system to unacceptable levels of risk.
We need to pay attention to all the elements in this statement. We should always bear in mind that the ultimate goal is to make our central banks more efficient in providing the services which are our responsibility. Meetings like this one are an opportunity to ask ourselves how well we are performing in this regard.