Credit Facilities Monitoring System (CFMS) is a web-based Credit Administration system customized for financial institutions. CFMS helps institutions maintain the customer database, details of the facilities sanctioned and the collateral associated with those facilities. CFMS monitors credit facilities given to the Institution’s clients and maintains details of the statements and documents and tracks various deferral dates for the same, so as to ensure the completeness of the credit facilities, cover the institution’s risk and protect its interest at all times.

CFMS is designed to enable the Credit administration teams to keep a close track of various risk aspects of a credit exposure i.e. collateral titles, documentation, drawing power, collateral insurance, sharing information with other banks in multiple banking / consortium arrangements, facility renewal etc.