Duration

5 days

Deadline for application

11 April 2025

Objective

Digitalisation is no longer merely a recent trend, having grown to become the game changer of the decade. Central banks are also increasingly turning their attention to understanding developments and expanding their capabilities in this area.

This expert panel will touch upon the most important aspects of digitalisation, giving participants the chance to discuss their own experiences.

Content

(1) Digital transformation at central banks

• How to foster successful transformation in times of extraordinary change
• Digital transformation at the Deutsche Bundesbank (“Wandel” programme): goals, roadmap and organisational setup
• Learning experiences in the programme to date

(2) Fostering innovation through international collaboration

• The Bundesbank’s innovation networks BISIN and Innov8: how and why we collaborate
• Setting up the BIS Innovation Hub Eurosystem Centre
• Trending topics: insights into current innovation activities
• Interaction: creating value for central banks through collaboration

(3) Innovation management at the Bundesbank’s InnoWerk centre

• What the InnoWerk innovation centre does (i.e. its objectives, functions and services) and how InnoWerk fits into the Bundesbank’s innovation network as a service unit
• Presentation of exemplary innovation activities and how we use our outreach in the fintech scene and research community for the purpose of innovation
• Collaboration with external partners and the ecosystem (start-ups)
• Spatial concept of InnoWerk, which supports collaboration within the Bundesbank with its hybrid setting in particular

(4) Foresight for future-oriented and resilient positioning in an ever-changing world

• Early detection and strategic consideration of possible changes in the Bank’s environment (“What if…?”)
• Supplementing quantitative forecasts with long-term systemic analyses (360-degree view) and gaining insights to enhance the Bank’s strategic resilience, as well as impulses for innovation
• Examples of foresight projects within the Bundesbank (e.g. the future of analysis, biodiversity foresight project)

(5) Fostering artificial intelligence through cross-functional teams

• Introduction of the service community for artificial intelligence and its operating model
• What do we mean by artificial intelligence?
• Focus topic: NLP (natural language processing)
• Presentation of use cases and areas where is there potential to use these technologies

Target group

This expert panel is aimed at central bank managers and experts in the areas of innovation and digitalisation, strategic offices and IT at their organisations, as well as observers of developments in fintech and anyone interested or involved in this field.

The expert panel will serve as a platform for the exchange of experiences and knowledge. Participants will be asked to actively contribute to the panel, e.g. by giving a presentation.

Please note:

A nomination is required in order to participate in our in-person courses.