Space 4 Critical Infrastructure: Banking & Financial Market Infrastructures


Online Event

About this session

The focus is on setting up an all-hazards EU-framework that supports Member States in their national efforts to ensure that critical entities are able to prevent, resist, absorb and recover from disruptive incidents, no matter if they are caused by natural hazards, accidents, terrorism, insider threats, or public health emergencies. The novelty of the proposal is that it extends the scope of its predecessor to ten sectors, namely energy, transport, banking, financial market, health, drinking water, waste water, digital infrastructure, public administration and space.

This thematic session of “Space 4 Critical Infrastructures” revolves around banking and financial entities and how to manage operational risks and ensure business continuity. Space technology can support the digitalisation and greening of the financial sector. Satellite applications can contribute in credit, payment and insurance processes, and in particular Global Navigation Satellite Systems (GNSS), to provide accurate measurements of time and synchronisation.