SIFIWATCH is an academic initiative on bank risk nowcasting
We use a web crawler to systematically browse the websites of financial institutions, banking supervisors, and central banks to collect the latest information about the major risks of banks, as currently defined by the Basel Committee on Banking Supervision.
Based on this information, we update in real time our ranking of the banks that contribute the most to the risk of the global financial system, known as Systemically Important Financial Institutions or SIFIs, using exactly the same methodology as the Basel Committee on Banking Supervision.
While the official list of SIFIs is disclosed every year in November, our ranking becomes publically available several months before! Hence, it provides early signals about changes in the risks of major banks.