Tom Davies CHAPS is a critical element of the UK’s payments landscape, handling 92% of UK payment values despite comprising 0.5% of volumes. CHAPS is used for high-value and time-critical payments, including money market and foreign exchange transactions, supplier payments, and house purchases. We forecast CHAPS volumes to help CHAPS participants in making staffing decisions … Continue reading Balancing complexity and performance in forecasting models: insights from CHAPS volume predictions