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Gary Cohn

Gary Cohn

As Assistant to the President for Economic Policy and Director of the National Economic Council (2017-2018), Gary Cohn managed the US economic policy agenda, stimulating economic expansion, job creation, and wage increases through historic tax and regulatory reform. Prior to that he was the President and Chief Operating Officer at Goldman Sachs where he worked for more than 25 years.

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Klaas Knot

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Banco de España on the Promise of SupTech

Banco de España on the Promise of SupTech

by Starling Insights

Starling Insights Editorial Board

Jan 23, 2024

Observations

Culture & Conduct Supervision Regulatory Trends Bank of Spain Suptech Innovation & Technology Innovative Approaches

ICYMI: In a blog post published last month, the Banco de España's Javier Tarancón, Head of Information Analysis and Suptech, and Pilar Puig, Head of IT Risk Inspections, explain how the central bank is working to adopt innovative supervisory technologies (suptech), including those powered by AI.

"Technological developments, such as artificial intelligence (AI), the phenomenon of the moment, have enormous transformative potential," they write. “The banking sector is aware of this and seeks to incorporate technological innovations to become more efficient. How can the Banco de España supervise an ever-changing and ever more complex banking sector efficiently? Innovative technology applied to supervision (suptech) can help.”

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