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Jakarta Post

BI holds international seminar on big data policy-making

  • News Desk

    The Jakarta Post

Jakarta   /   Thu, July 26, 2018   /   01:05 pm
BI holds international seminar on big data policy-making Communications and Information Minister Rudiantara (second left) gestures while speaking with Investment Coordinating Board (BPKM) chairman Thomas Lembong (left), Financial Services Authority (OJK) chairman Wimboh Santoso (second right) and Bank Indonesia payment systems policy head Onny Widanarko on May 12 at the first Next Indonesian Unicorn (NextICorn) Summit in Nusa Dua, Bali. (JP/Zul Trio Anggono)

Bank Indonesia (BI) held on Thursday in Nusa Dua, Bali, an international seminar on building pathways for making policies using big data, to expand understanding on the use of big data in the digital era.

The event was organized in cooperation with the Bank for International Settlements-Irving Fisher Committee on Central Bank Statistics (BIS-IFC).

“Around 200 delegates from central banks worldwide attended the seminar,” Hidayah Dhini Ari, the central bank's head of statistics, said on Thursday as quoted by kompas.com.

She said representatives from the Financial Services Authority (OJK), Indonesian banks, related ministries and startups were among the event's attendees.

Dhini added that the seminar's objective was to provide understanding about big data utilization in developing the central banks' policies, particularly on the monetary sector, financial system stability and payment systems.

The seminar also served as a platform to update and share knowledge on big data between policymakers in the central bank community through reviewing the latest developments and empirical processes. (sau/dmr)