Ex-Im has retained Creoal to upgrade and modernize its financial management system to the next generation (FMS-NG) and thus provide a scalable, extensible and feature rich financial system to support the Bank’s mission. The intent of this project is to replace the legacy financial and administrative information technology systems and software applications that are presently hosted at the Ex-Im Bank’s in-house data center with the FSIO certified Oracle US Federal Financials and hosted with Oracle On-Demand Cloud Service following federal Cloud First policy. The solution also includes the implementation of the credit-reform compliant Oracle Loans to address the expanding loan and guarantee requirements of the Bank.
The final FMS-NG solution will include:
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