The Bank of Finland has developed a versatile Payment and Settlement System Simulator (BoF-PSS2) for making payments and settlement system simulations. The simulator can be used for analyzing liquidity needs, risk issues, settlement algorithms and changes in behavioral patterns, authority policies/regulations, settlement conventions and pricing/costs issues. The simulator is freely available for research purposes.
Documentation
Following general documentation is available
Following user documentation is available
Following technical documentation is available
Ordering and installation
The software is freely available for payment and settlement system research and it can be ordered from the Bank of Finland.
Seminars and Workshops
The next Payment and Settlement Simulator Seminar and Workshop will be organised on 24-26 August 2009 in Helsinki. Seminar material and other information can be found via this link:
Previous seminars and workshops:
Links and contacts
The previous version (BoF-PSS1) and the current version have been used by a number of central banks for simulation studies
Supporting services for BoF-PSS2
Please direct your enquiries and comments to bof-pss@bof.fi.
The BoF-PSS2 has an active user community