Target2 ‘fingerprint’ could flag liquidity problems – research

Deviations from regular payment patterns are a sign something might be wrong


Banks are creatures of habit, especially when it comes to large payments – meaning any departures from the norm can be a sign of operational foul-ups or impending liquidity problems, new research suggests.

Using data from the EU’s Target2 large-scale payment systems, Bundesbank researcher Marc Glowka constructed ‘fingerprints’ for the 210 most active participants, and showed they could be clustered into sets of similarly behaving institutions – making oversight easier. The research will appear

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