Macro trends including an increase in oversight and regulation, and new disruptive technologies, are forcing FMIs to invest in the future:
FNA’s solutions cover the full FMI Lifecycle from inception to maturity. The FMI Lifecycle solutions support each phase of this journey, from designing and validating the system design, and building business cases for the members, to monitoring, stress testing, and optimizing.
The FMI Lifecycle solutions consists of.
The regulatory and supervisory environment following the 2008 crisis significantly raised the standard for effective liquidity management. Under the Committee on Payment and Settlement Systems (CPSS) and International Organization of Securities Commissions (IOSCO) principles for financial market infrastructures (PFMIs), the requirements for routine stress testing can be costly and time-consuming.
FNA’s Payment System Stress Testing enables FMIs to comply with these standards at reduced cost and time resources. The solution helps FMIs and their overseers to better understand both the operational and financial stability implications of participants in the system. In addition, FMIs and their overseers can determine how resilient a system is on any given day and identify individual participants which might face liquidity or solvency issues in the near future.
Liquidity risks can proliferate rapidly into wider, more damaging issues. Start monitoring and stress testing straight away, so potential undetected problems can be addressed before they escalate.