MAS: Annual report 2006 / 2007
CONTENTS
HOME
 
ENTERPRISE: Our Role
BUILDING ON A ROBUST MACROECONOMIC ENVIRONMENT
DEVELOPMENTS IN THE SINGAPORE SECURITIES MARKET
FOSTERING A SOUND & REPUTABLE FINANCIAL CENTRE
RISK MANAGEMENT & INFRASTRUCTURE
GROWING SINGAPORE AS AN INTERNATIONALLY COMPETITIVE FINANCIAL CENTRE
CURRENCY
ORGANISATIONAL INITIATIVES
ORGANISATIONAL INITIATIVES 41
Risk-based Audit Approach 41
Front, Middle and Back Office System 41
Development of Key IT Systems to Support Organisational Initiatives 41
Streamlining of Logistics and Administrative Processes 41
Maintaining an Optimal Physical Working Environment for All 41
Ensuring the Efficient Use of Energy Resources 41
Box 10 - Second Phase of Amendments to MAS Act 41
 
Front, Middle and Back-Office System
A new integrated front, middle and back-office system (FMBS) has been implemented in the fourth quarter of 2006 to replace the existing IT system and to better support MAS' role in the management and monitoring of foreign reserves as well as in monetary management.