Cloud and AI ‘dramatically improving’ data use at BoE
UK central bank creates cloud-based platform to streamline processing of its 30,000 data series
The Bank of England (BoE) has begun moving its data on to the cloud and adopting artificial intelligence tools as part of a push to make its tens of thousands of data series more user-friendly.
James Benford, the bank’s chief data officer, said today (October 3) that work had progressed far enough for the BoE to start processing “a first batch of statistical returns” on the cloud.
“New technologies, including the cloud and artificial intelligence, are allowing us to process data and assure its
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