Investor Presentaiton
Annual Report
AR
2022
SUMMARY
WHO WE
ARE
OUR
STRENGTH
AND
OUR
RESOURCES
OUR
RESULTS
People and know-how
TECHNOLOGICAL INNOVATION
The BCB continually seeks to improve the services it
provides, and, for that, investments in technology are
made. Examples of investments are the high availability
technologies used in Pix and the more effective and
timely analysis processes in the areas of supervision, and
economic and monetary policies, through investments in
analytical technologies, such as Big Data, Machine Learning
and Artificial Intelligence.
It is worth noting that investments in innovation do not
materialize only through the acquisition of software
and hardware, but also by establishing partnerships
with international organizations and universities for
the internalization of knowledge about innovative
technologies. An example is the BCB's participation in
international innovation forums, such as the work groups
of the BIS Innovation Hub, where experiences related to
Open Finance, Central Banking Digital Currency, Suptech,
among others, are shared. Projects were carried out in
partnership with universities to explore the use of
Machine Learning and Artificial Intelligence in the BCB
processes, through the BCB Innovation Accelerator
(Start).
In 2022, 36 relevant ICT initiatives were delivered for the
SFN, companies and citizens, such as the Sistema Valores a
Receber, the simplification of the registration of Foreign
Exchange operations, the remuneration of payment
institution (PI) account in Pix, the new user information
catalog (Sisorf), and the inclusion of the initiation of
payment service in the Open Finance ecosystem.
The Financial and Technological Innovations Laboratory
(LIFT) was created to encourage the development of
projects that propose technological innovations in the SFN.
In 2022, a special edition of LIFT called LIFT Challenge-Real
Digital was launched, focusing on innovative use cases that
could benefit from an eventual digital currency issued by
the BCB. In this LIFT Challenge edition, 47 project proposals
were received, from which nine projects from national and
international institutions were selected. Additionally, the
regular edition of LIFT focused on the initiatives of the
Agenda BC#. The eight projects selected in this edition
brought innovative contributions on relevant topics related
to Pix, digitization of assets, financial inclusion, among
others.
Despite the reduction in the number of employees and the
increase in activities and responsibilities, the BCB has made
efforts to maintain the level of excellence in the services it
provides to the SFN and to society. In order to maintain the
current level of excellence of services provided, the BCB
has invested in improving management and governance
instruments, training its employees and adopting
innovative practices with strong technological support.
In addition to investing in modernizing people
management, the BCB has also invested in modernizing
its processes. It launched the BCB Innovation Accelerator
(Start) at the end of 2021, aiming to encourage the use
of technological innovations in the institution's internal
processes. Throughout 2022, the challenge was to execute
Start's first cycle of projects.
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