Financial supervisors stand to gain from technological innovations but would benefit from a clear strategy on putting innovations to work, according to a paper published by the Basel-based Financial Stability Institute.

Dirk Broeders and Jeremy Prenio assess the current landscape of so-called suptech in their paper, published on July 16. Suptech is being deployed as a means of more efficient data collection and data analysis, they note, covering areas such as supervisory reporting and market