Transcript Slide 1

UNITED STATE AGENCY FOR
INTERNATIONAL DEVELOPMENT
Off-site Bank Supervision
Data Base System
FINA
1999 - 2005
Key Components of Effective Bank Supervision
• Legal/regulatory framework that minimizes
bank risks
• Monitoring of banks by a Supervisory
Authority for financial soundness and
• Compliance with legal/regulatory framework
through a combination of on-site and off-site
supervision
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The Need for Off-site Supervision Systems
• Assists on-site supervisors to focus bank
examinations
• Provides information for the financial
evaluation of banks between on-site
examinations
• Provides early warning of emerging bank
financial problems
• Monitors the overall financial condition of the
banking system
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Off-site Systems Different Countries
• Many countries rely on spreadsheets for their offsite supervision.
• Certain countries have a database in place, but no
system that can automatically process reports.
• In countries with report processing capability, the
report format is often hard-coded
• Changes in Input and/or Output forms requires
changes in source code.
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Background on FinA
• USAID sponsored the development of FinA in
response to a need for better off-site supervision
systems.
• SRA International, Seta corporation and First
Irish Financial, Ltd. developed FinA in
collaboration with local development teams in
Republic of Armenia and Republic of Georgia.
• Armenia and Georgia both implemented FinA
in February 2002.
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FinA Highlights/Benefits
• FinA uses the latest technology to capture
and process data.
• FinA centralizes data.
• FinA is customizable at user level.
• FinA is independent of any legal,
regulatory, or accounting framework.
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System Architecture
• Client can be installed on MS Windows
NT/98/2000/XP.
• Application Server is JBoss (open source, no
cost)
• Database Server: MS SQL, Oracle, MySql
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Summary
1. FinA centralizes data
2. Is user configurable
3. Is easily modifiable
4. Improves timeliness and accuracy of
reporting
5. Is independent of legal, regulatory, and
accounting frameworks
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Contact Information
Michael Austin, USAID/IRM/CIS
E-mail: [email protected]
Voice: (202) 712-5368
Fax: (202) 216-3068
USAID's Bank Supervision Data Base Project
Chris Barltrop, USAID / EGAT
Tel +1 (202) 712-5413
Fax +1 (202) 216-3025
E-mail [email protected]
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