Only eight of 43 supervisors operate fully integrated IT platforms

A survey of 43 financial authorities by the Bank for International Settlements shows that digital fragmentation remains widespread across supervisory bodies.

Only eight respondents (19 percent) have fully integrated their core systems covering data collection, workflow management, risk assessment, and compliance monitoring.

Another 15 authorities maintain partial integration, while 70 percent ultimately plan to unify their platforms.

The integration gap is particularly pronounced in emerging market economies, where 50 percent of authorities operate completely disconnected systems, compared to less than 25 percent in advanced economies.

Supervisors identify legacy infrastructure, poor data quality, and system interoperability as their main technical barriers.

Supervisory agencies are increasingly shifting away from traditional management information systems toward customer relationship management (CRM) architectures.

Institutions such as the Hong Kong Monetary Authority and the Reserve Bank of New Zealand use entity-centric platforms to track firm interactions, workflows, and risk metrics in one workspace.

However, authorities face significant third-party risks, including vendor concentration, proprietary lock-in, and a shortage of technological providers with specialized supervisory domain expertise.