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HomeSynthetic data in the Data Hub of the Digital Finance Platform
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The Digital Finance Strategy focuses on fostering a competitive and innovative European financial sector by leveraging emerging trends and technologies. As part of this effort, the EU Digital Finance Platform initiative aims to provide practical tools to support the scaling up of innovative financial firms across the EU. Additionally, the establishment of a Data Hub within the platform will facilitate data exchange between national supervisors and financial firms. To ensure compliance with confidentiality requirements, the European Commission has decided to build the Data Hub using synthetic data. The report describes the datasets used to test the methodology chosen for the synthetization. In addition, the report compares the main statistical properties of the original and new database, and summarizes the tests performed to draw conclusions on potential confidentiality and privacy issues. By testing and validating the data synthesis software, the JRC and DG FISMA are working to ensure that the new dataset will be a valuable resource for firms and researchers, while also respecting confidentiality issues.
- Published:
- Personal author(s): Di Girolamo, F ; Hledik, J ; Pagano, A
- Themes: Information technology and telecommunications , Banks, insurance
- Subject: animal feedingstuffs , evaluation method , genetically modified organism , maize , research body , research method , research report , testing
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| ISSN 1831-9424 | ISBN 978-92-68-15291-1 | DOI 10.2760/83055 | Catalogue number KJ-NA-31-919-EN-N |
- Released on EU publications website:
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