Indonesia’s Financial Services Authority (OJK) officially launched the Integrated Financial Sector Data and Metadata Portal (https://data.ojk.go.id) (17/3/2025). The platform is designed to increase the accessibility and transparency of financial data across various sectors, including banking, capital markets, and non-bank financial industries. The portal offers interactive data formats, making it easier for users to explore and analyze financial data.

Mahendra Siregar, the Chairman of OJK’s Board of Commissioners, led the launch at the OJK headquarters in Jakarta, alongside other board members and key stakeholders. In his speech, Mahendra acknowledged the growing demand from academics, researchers, financial analysts, business operators, and the media for quick, accurate, and easily accessible financial data.

To meet these needs, OJK introduced the portal as a solution, providing the public with a centralized platform for official data and statistics. "This data portal is part of our efforts to transform and digitize OJK services for the public," Mahendra stated. He added that the integrated portal would not only improve access to financial data but also enhance the efficiency of data dissemination, aligning reporting data with the data published through the platform.

The new portal replaces OJK’s previous method of presenting static data on its website. It now offers a more dynamic and user-friendly interface, allowing individuals to tailor their data exploration based on specific needs. This makes it easier for users to find and interpret data across different segments of the financial industry, whether they are researchers, financial service providers, or regulators.

One of the key advantages of the Integrated Financial Data Portal is its ability to streamline the process of data dissemination. By providing a more efficient platform for sharing financial information, OJK aims to support more informed decision-making, which is crucial for stakeholders within Indonesia’s financial ecosystem.

Mahendra expressed hope that the portal would not only improve data accessibility but also bring tangible benefits to Indonesia's financial system. He emphasized that it would strengthen market discipline and contribute to the overall stability of the nation's financial system. Furthermore, the portal aligns with OJK’s broader goals of fostering innovation and inclusivity in the financial services industry, ensuring that the public and industry players can access data in a way that is both efficient and impactful.

With the launch of this portal, OJK is positioning itself as a leader in utilizing digital tools to enhance the functioning of Indonesia’s financial sector, ultimately contributing to the development of a more stable and transparent financial environment.

PHOTO: OJK

This article was created with AI assistance.