Page 340 - Invited Paper Session (IPS) - Volume 1

IPS155 Manuel S. V. et al.
attend data requirements of financial authorities and there is a broad set of
statistics and graphs of the operation of the market published using the time
series platform and the interactive graphic platform. Nonetheless, a broader
definition and implementation of improvements of the data dissemination
processes and tools is still work in progress.

4. Recent Improvements on Sharing and Dissemination of Microdata
and some Potential Uses
As mentioned above, the financial reform strengthened the data-sharing
scheme. In recent years as a complement to the 2000 general agreement, two
additional MoUs were signed between Banco de Mexico and CONDUSEF in
2015, and with CONSAR in 2017. In addition, Banco de Mexico is currently
working on MoUs with other domestic financial authorities.
Banco de Mexico shares information with CONDUSEF about banks’
financial products (deposit products and credit products) and their
characteristics and services, fees and interest rates, transactions in retail
payment systems (checks, ATM transactions, TPS transactions, electronic
transfers, etc.) and e-commerce payments.
CONSAR and Banco de Mexico share information on derivatives and
securities transactions performed by banks with the Pension Funds (SIEFORES),
daily information about the composition of the investment portfolio of these
funds and data on savings, and the demographic characteristics of workers.
Data dissemination by publication is another important way of increasing
the value of the information collected. Banco de Mexico has been expanding
the publication of financial data, particularly on derivatives.
In 2016, Banco de Mexico published a broad set of statistics on derivatives
(turnover and outstanding operations, and the forward exchange rate). In the
same year, it was launched an interactive portal for financial information (PIIF).
In this platform, it was included a graphic overview of the derivatives market
in Mexico using some of the most relevant published derivatives statistics.
More recently, graphic information was published on outstanding government
securities sectored by holder (securities issued by the Federal Government,
IPAB, and Banco de Mexico).
Although currently the PIIF has only been used to disseminate graphic
information, this portal will be used to disseminate micro-data on loans and
market operations. Figure 3 and Figure 4 are examples of derivate operations
information included in the PIIF. Figure 3 shows outstanding derivatives by
type of counterparty and, Figure 4 shows turnover and average exchange rates
on forwards on US dollar vs Mexican peso.

329 | I S I W S C 2 0 1 9