2013-12-232013-12-232013-12-232013-12-23https://repositorio.banrep.gov.co/handle/20.500.12134/5939Scale-free (inhomogeneous) connective structures with modular (highly clustered) hierarchies are ubiquitous in real–world networks. Evidence from the main Colombian payment and settlement systems verifies that local financial networks have self-organizedPDFspaOpen AccessModular scale-free architecture of Colombian financial networks : evidence and challenges with financial stability in viewWorking PaperD53 - Financial MarketsG20 - Financial Institutions and Services: GeneralC38 - Classification Methods; Cluster Analysis; Principal Components; Factor AnalysisE42 - Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment SystemsD85 - Network Formation and Analysis: TheoryL14 - Transactional Relationships; Contracts and Reputation; NetworksNetworksComplex Adaptive systemsSelf-organizationFinancial systemScale-freeFinancial stabilitySistemas de pago -- ColombiaArquitectura de redes de computadores Estabilidad financiera -- ColombiaSistema financiero -- ColombiaRedes financieras -- ColombiaAcceso abiertoAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0C38 - Métodos de clasificación; Análisis cluster; Análisis de componentes principales; Análisis factorialG20 - Instituciones y servicios financieros: GeneralidadesD53 - Mercados financierosE42 - Sistemas monetarios; Patrones; Regímenes; Gobierno y sistema monetario; Sistemas de pagoL14 - Relaciones de transacción; Contratos y reputación; RedesD85 - Formación de redes y análisis: teoriaLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.https://hdl.handle.net/20.500.12134/5939