System Observatory

Overview

The Systemic Risk Observatory monitors structural stability of the financial system, including liquidity conditions, credit markets, yield curves and systemic coordination. The objective is to detect structural risk and loss of coordination before financial crises occur.

Markets Monitored

Repo Market

Short-term funding and collateral liquidity.

Interbank Liquidity

Funding conditions and liquidity stress indicators.

Yield Curve

Macroeconomic expectations and recession signals.

Credit Markets

Corporate credit spreads and default risk indicators.

Volatility

Market volatility and systemic uncertainty.

Financial Networks

Market correlations and systemic contagion.

Systemic Indicators

IRSA-F

Structural Financial Risk Index measuring systemic stress.

FSAI

Financial System Arrhythmia Index measuring coordination loss.

Systemic Integrity Index

Combined indicator of systemic stability.

Reports