THE Bangko Sentral ng Pilipinas (BSP) is embracing the use of big data to facilitate policy formulation, economic research and the delivery of essential information, among others.
"The use of big data technology is expected to further enhance the capacity of the BSP in the areas of economic research and analyses, formulation of monetary and financial stability policies, statistical compilation as well as financial regulation and supervision," central bank Governor Benjamin Diokno said.
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin Diokno