Our aim through FBMS is to provide a comprehensive financial institutions administration and insolvency management system. This system assists authorities in conducting quick and orderly failure resolution, prompt depositors and other creditors pay-outs, especially in situations where explicit or implicit National Deposit Insurance System (NDIS) is in place. Examples of critical workflow steps supported by the system include failed bank setup, statement of affairs management, accounts amalgamation and setoff, failure resolution, pay-out management, investigation, litigation, prosecution, failed institution data analytics and reporting.

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