Central Bank of the UAE hosts data leaders conference and reports phase one completion of its central data platform and 20 machine learning SupTech applications

The Central Bank of the UAE (CBUAE) hosted the Central Bank Data Leaders and Professionals Conference in Abu Dhabi, bringing together senior CBUAE officials and representatives from over 35 other central banks and international financial institutions to focus on the strategic role of data in central banking operations. Discussions covered data-driven innovation to support monetary and financial oversight, international cooperation to strengthen central bank operations in uncertain conditions, and the evolving data landscape including the interaction between artificial intelligence (AI) and data management. Sessions also addressed data operating models, data management and analytics architecture, and linking data investment and change management to tangible business outcomes, alongside practical implementation lessons and demonstrations of analytics toolkits used in central banks. In remarks at the event, the CBUAE said the first phase of its central data management platform is complete, enabling Supervisory Technology (SupTech) operations through integrated data collection, analysis and protection. It also reported strengthening its data governance framework with policies covering governance, quality, risk management and records, and accelerating AI integration through 20 machine learning-based applications and assessment of over 60 pre-trained AI models to streamline supervisory reporting and enhance risk management.