The solution

FNA’s Settlement Optimization solution creates a digital twin of any payment or settlement system, enabling FMIs to quickly respond to regulatory requirements, modernisation programmes and new market entrants such as CBDCs.

This enables clients to rapidly test new technology, features or changes to their systems without writing a single line of code, leading to better system design, reduced system development costs, increased speed of deployment and smoother regulatory approval.

FNA’s experience within FMIs is unparalleled, having built simulators and developed systems for over 25 years for clients such as Fnality, Payments Canada and Bank of England.

The benefits

• Quickly replicate and understand the behaviour of any payment system without needing to build it first
• Safely understand the impact changes will have on members and the broader financial system
• Provide clarity to project stakeholders that system changes are safe and efficient
• Reduce risk and project costs by simulating changes in a safe environment first
• Deliver deep insight into the impact of planned changes such as CBDCs or new system features
• Simplify regulatory requirements and changes by demonstrating full compliance prior to any changes
• Start running simulations in days, not weeks or months

Key features

The FMI Settlement Optimization solution can be configured using a wide range of features, including:

• Simulate thousands of business days with the proven FMI Simulator™ and generate the same economic and/or operational output as the real systems
• Deploy patented liquidity saving mechanisms
• Visualize and communicate findings with FNA Dashboards™
• Run simulations using real or synthetic data
• Model endless combinations of configurations and datasets
• Select multiple data outputs to analyse and fully understand the impact of the simulated system change