NIBSS Intra-Day Exposure System (NIDES)

NIBSS enriches settlement operations, particularly in the banking system with the NIBSS Intra-day Exposure System (NIDES). It enables all Bank Treasurers and Fund Managers to monitor exposures between banks.

Each of the Banks connected to NIDES are enabled to have early online access to their bank’s exposures to other banks for transactions in the inter-bank money market.

With NIDES, banks could make investment decisions based on the information retrieved. Where a bank treasurer foresees a position that requires shoring up the funding of its activities, it can easily use the bank’s exposure position to access credit from other banks.

In a situation of perceived excess funds at close of business, information obtained from NIDES could be used as a guide to exploring investment outlets for excess funds it may end the day with.

This is a value-added service to banks.