The Bank for International Settlements Innovation Hub published a report on Project Rio, a cloud-based live monitoring tool that connects to multiple foreign exchange trading venues and analyses activity in real time to help central banks detect market dislocations, liquidity issues and spillovers in fast-paced electronic markets. Rio uses data streaming technology as a real-time digital assembly line and presents developments through an intuitive, interactive dashboard designed with a group of central bankers. The underlying technologies are open source and modular, intended to allow new markets, metrics and visuals to be added quickly, including potential use cases beyond financial markets.
Bank for International Settlements - Innovation Hub 2025-11-17
Bank for International Settlements Innovation Hub publishes report on Project Rio real-time FX market monitoring tool
The Bank for International Settlements Innovation Hub released a report on Project Rio, a cloud-based tool for real-time monitoring of foreign exchange trading venues to assist central banks in identifying market dislocations and liquidity issues. The tool employs open-source, modular technology for adaptability and features an interactive dashboard developed with central bankers.