Rio: monitoring of fast-paced electronic markets

Today's fast and interconnected markets generate millions of transactions every second. Central banks need to monitor and understand these markets to implement policy, manage reserves and assess risks. Yet making sense of the complexity of data created by fast-paced markets is a technology challenge.

Rio meets this challenge. It is a live monitoring tool connecting to multiple FX trading venues and analysing activity as it occurs. By using data streaming technology as a real-time digital assembly line, market dislocations, liquidity issues and spillovers are identified as they occur. An intuitive and interactive dashboard designed with a group of central bankers allows visualising developments.

Rio will evolve with global markets. Its underlying technologies are open source with a modular architecture that allows adding new markets, metrics and visuals simply and quickly. This includes use cases beyond financial markets. Rio is just the beginning for central banks.