Solenix helps the European Central Bank in improving plausibility checks with Machine Learning29 November 2021
The European Central Bank (ECB) periodically collects data from European banks for supervisory purposes. To complement the ECB’s quality assurance and assessment tasks, Solenix has participated in a project with the aim of improving the plausibility checks performed by the ECB with Machine Learning (ML).
During the project a prototype was developed. With this prototype the ECB can: