BIS researchers collaborate extensively with researchers in academia, central banks and other policy institutions. The BIS operates a range of visiting programmes for researchers, including the Lamfalussy Senior Research Fellowship for long-term visits by resident scholars, the BIS Research Fellowships for short-term collaborative visits by academics and the Central Bank Research Fellowship programme for visits by researchers from member central banks . In addition, the BIS organises conferences to galvanise research in emerging areas of policy interest, and serves as the hub for the BIS Research Network which brings together researchers in central banks and in academia for regular meetings on monetary and financial stability issues.
In many disciplines, Western methods of conducting research are predominant.  Researchers are overwhelmingly taught Western methods of data collection and study. The increasing participation of indigenous peoples as researchers has brought increased attention to the lacuna in culturally-sensitive methods of data collection. Non-Western methods of data collection may not be the most accurate or relevant for research on non-Western societies. For example, " Hua Oranga " was created as a criterion for psychological evaluation in Māori populations, and is based on dimensions of mental health important to the Māori people – "taha wairua (the spiritual dimension), taha hinengaro (the mental dimension), taha tinana (the physical dimension), and taha whanau (the family dimension)".