COUNTRY FOCUS: THAILAND investor confidence, promotes responsible lending practices, and contributes to monetary and supervision policies for sustainable economic growth.
Unlocking the full potential of Clouderato foster a data-driven culture
Dr. Art Chaovalitwongse, Head of Data Management & Analytics, Bank of Thailand, said:“ Our vision is to create a truly data-driven culture, where every decision is informed by accurate and timely insights. Cloudera is a key enabler in this journey, helping us to manage and analyze our data more effectively.
The AI capability unlocks the full potential of the data stored in Cloudera, enabling the BOT to gain deeper insights into the financial landscape and make more informed decisions that positively impact Thailand’ s economic development and stability. The RDT Copilot family provides deeper insights into loanlevel data and enables the bank to better assess and mitigate risks, make data-driven decisions on monetary policy, and rapidly evaluate vulnerabilities and stresstest scenarios.
“ As we continue to innovate, we aim to make data even more accessible and actionable for all our employees. This will empower everyone at the Bank of Thailand to harness the power of data, leading to better decisions and a stronger, more resilient financial ecosystem for Thailand.” p
Since its launch, the RDT Copilot has empowered a wider range of employees to contribute to datadriven decision-making by enhancing the coding and data analytics skills of over 100 examiners in BOT’ s Data Expert Program. This has facilitated a data-driven culture across the organization and significantly reduced the time and resources required for data analysis, promoting a more efficient and engaged workforce.
Seal of the Bank of Thailand
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