This is the only way in  BIS central bankers’ speeches  1  which we can create a healthy and prosperous economy that we aspire to – an economy characterised by low inflation, a stable financial system and high employment. Thank you for your attention. 2  BIS central bankers’ speeches
This is reflected in the fact that risk modeling seems to be further advanced for market risk than for credit risk. We know that investments in newer technologies must be made to modernize existing operations, to face competitive challenges, and to meet customer expectations. Indeed, some of these investments will also be made in the hope of achieving cost savings and other efficiencies.