In a panel report by the international monetary fund and the World Bank, Roberto Campos Neto, president of Brazil's central bank, which supports tokenization and "open finance" as key elements of the future financial system, said the intersection between the two had been underestimated. Highlighting the relevance of tokenization to the concept and operational efficiency of banks' balance sheets, Campos Neto said: Banks will gradually move from looking at their balance sheets on an account basis to looking at their balance sheets on a "token" basis, which we believe will greatly improve efficiency and productivity. Tokens are better suited for banks to manage risk, manage collateral and raise funds.