3rd simulator workshop in Helsinki, 24-25 August 2005

The Bank of Finland organised the 3rd simulator workshop for payment and settlement system experts. The workshop held in Helsinki on 24-25 August 2005.

• Program

Background material

• Leinonen: Liquidity, risks and speed in payment and settlement systems – a simulation approach (Bank of Finland Studies E:31/2005)

Seminar material

Day 1

• Darcey McVanel, Bank of Canada: The impacts of unanticipated failures in Canada's Large Value Transfer System, paper
• Darcey McVanel, Bank of Canada: The impacts of The impacts of unanticipated defaults in unanticipated defaults in LVTS, presentation
• Kari Kemppainen, Bank of Finland: The impacts of unanticipated defaults in LVTS, discussion handouts
• Neville Arjani, Bank of Canada: Examining the Balance between Risk and Efficiency in Canada’s LVTS: A Simulation Approach, paper
• Neville Arjani, Bank of Canada: Examining the Balance between Risk and Efficiency in Canada’s LVTS: A Simulation Approach, presentation
• Frode Øverli, Norges Bank: Examining the Balance between Risk and Efficiency in Canada’s LVTS: A Simulation Approach, discussion handouts
• Kimmo Soramäki, European Central Bank: Network relationships and network models in payment systems, presentation
• Kristiaan Roefs, National Bank of Belgium: Network relationships and network models in payment systems, discussion handouts
• Bob Glass, Sandia National Laboratories: Simulation and Analysis of Cascading Failure in Critical Infrastructure, presentation
• Walter Beyler, Sandia National Laboratories: Some techniques for modelling payment submittal behaviour, presentation
• Panagiotis Fotopoulos, Bank of Greece: Modeling Bank’s Payment Submittal Decision, discussion handouts
• Harry Leinonen, Bank of Finland: BOF-PSS2 overview, concept and demonstration, presentation

Day 2

• Dibora Amanuel and Douglas Conover, Board of Governors of the Federal Reserve System: Liquidity Use in Fedwire: Simulated Scenarios, presentation
• Kei Imakubo, Bank of Japan Initial Funding Levels for the Special Accounts in New BOJ-NET, paper
• Kei Imakubo, Bank of Japan Initial Funding Levels for the Special Accounts in New BOJ-NET, presentation
• Matti Hellqvist, Bank of Finland: Stress testing securities settlement systems using simulations, presentation
• Morten Bech, Federal Reserve Bank (NY): Stress Testing Securities Clearing and Settlement Systems, discussion handouts
• Morten Bech and Kurt Johnson, Federal Reserve Bank of New York: BoF-PSS 2.0.0 A tool for policy analysis
• Matti Hellqvist: Bank of Finland: Policy Analysis Using the Bank of Finland PSS 2.0.0 discussion handouts
• Step-by-Step Simulation example
• Matti Hellqvist, Bank of Finland: Workshop for advanced users