Upgrade for DLR Analytics™

The team behind the multi-award winning cash cycle analytics platform DLR Analytics™ have announced a major upgrade to the existing software. Going forward, all central banks using the platform will have access to new reporting tools, a modern user interface and the models that analyse the performance of co-circulating and commemorative notes individually.

According to the company, this milestone completes the DLR Analytics™ toolkit, providing a standardised suite of advanced modelling tools to assess banknote lifetime trends, note circulating trends and banknote demand forecasting.

All the major banknote forecasting algorithms used by central banks are available and the forecasting toolkit can provide visibility of what is happening to notes in circulation, issuance forecasts and stock-run downs. Shock events and scenarios can be additionally modelled and machine learning algorithms make recommendations about the best model.

DLR Analytics launched in 2017 with the aim of providing free and standardised cash cycle analytics that aided central bank collaboration. Central banks who contribute anonymously to the DLR Analytics global data set gain access to global and regional trend data, as well as being able to benchmark their banknote performance against these trends.