MAS’s Vincent Loy and Celine Sia on transforming data management

The assistant managing directors explain how uniting business and technology functions is opening up new possibilities for data collection, governance and analytics

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Could you start by giving an overview of the Monetary Authority of Singapore’s work so far in overhauling data management?

Vincent Loy: Data is extremely important to MAS – Singapore’s central bank and integrated financial regulator. We conduct monetary policy, have regulatory oversight of financial institutions in Singapore and manage Singapore’s official foreign reserves. So you can imagine the amount of data we have: it is a lot.

MAS has gone through a transformation in approach. We have

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