Bank Of England: using data analytics to build a stable future

The Bank of England is the central bank of the United Kingdom formed in 1694. The Bank of England’s mission is “to promote the good of UK citizens by maintaining monetary and financial stability”. As well as managing the UK’s currency, supply of money and interest rates, the institute has a diverse range of responsibilities including gathering and analyzing data from banks, building societies, credit unions, insurers and mortgage companies to inform policy decisions and guide UK government departments and international organizations.