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IPS155 Manuel S. V. et al.
Hub provides secure direct access both to granular and aggregated microdata
of financial institutions reporting to Banco de Mexico. This hub provides
querying tools to databases, reporting services and business intelligence tools.
Second, a controlled service scheme to share very large volumes of a
predetermined set of microdata delivered according to a calendar agreed with
the user. Finally, public platforms to access time series and interactive graphics.
The data sharing schemes with financial authorities were significantly
improved in 2014, when a financial reform included the basis of a new
mandatory framework of data sharing among domestic financial authorities
for specific purposes: preserve financial stability, avoiding disruptions in the
functioning of the financial system and/or the payments system. In addition,
Banco de Mexico was given the faculty to share information with foreign
financial authorities after the signing of Memorandums of Understanding
(MoU) that establish the conditions of the information exchange and include
a reciprocity principle. These changes made improvements in the analysis
possible, supervision and regulation functions of financial authorities (Gaytán
and Sánchez, 2017).

Figure 1. Data Sharing Schemes
a) Central Data Hub (direct access)

b) Controlled Service

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