ONE MAS: INTEGRATED AND
- ENHANCING PRODUCTIVITY AND BUILDING CAPABILITIES
- Staff Mobility and Productivity
- Reinforcement of MAS' IT Security Infrastructure
- Data Governance and Analytics
ENHANCING PRODUCTIVITY AND BUILDING CAPABILITIES
DATA GOVERNANCE AND ANALYTICS
MAS recognises the importance of data in the modern economy. New data analytics tools provide policymakers and firms with better support for their decision making processes. To improve its capabilities in the governance, usage and management of data, MAS has established a Data Governance and Analytics (DGA) unit. As part of its responsibilities, the DGA will work with international colleagues on standards for the provision of data, taking into consideration the regulatory burden on financial institutions.
As part of this focus on data analytics, MAS implemented the Business Intelligence and Decision Support system in 2014, which facilitates the reporting and analysis of data collected from financial institutions. The system enhances MAS' data analytics capabilities and staff productivity.