In recent years, the public debt management arena has undergone significant transformation through new developments such as stronger emphasis on medium term debt management strategy development, increasing awareness of risk management, growing importance of the management of contingent liabilities, new reporting standards and the need for improved transparency.
Given the changes in public debt management coupled with significant advancement in technology, the Secretariat’s Debt Management Unit (DMU) embarked on a project to develop a new public debt management system, ‘Meridian’, which incorporates advanced and improved functionalities to better address emerging debt management requirements while also taking advantage of the latest state-of-the-art technologies.
Meridian is a comprehensive solution that promotes effective and pro-active public debt management, it offers the following functions and features:
The diagram below shows a main screen, listing the different modules that are available in Meridian.
The Secretariat is pleased to announce that ‘Meridian’ will be available to its existing member states from January 2018 on a pilot basis with selected countries. Subsequently, Meridian will be released to all clients from January 2019.
The development of Meridian is nearing completion and the Secretariat is inviting countries to contribute to the project through the following channels:
To be considered for the above, please contact us at firstname.lastname@example.org
How do I prepare for Meridian?
Meridian will cater for both SQL and Oracle sites. However, the new system is web based and may require hardware and system software that your organisation may not have. The specifications are attached for your review.
The Secretariat will be providing a Migration Tool to assist countries to move seamlessly from CS-DRMS to Meridian. However, migration is conditional on countries upgrading to CS-DRMS Version 2 Patch 2 (the latest version of CS-DRMS).
The Secretariat will continue to support CS-DRMS for a limited number of years after Meridian has been released.
If you have any questions, you can contact us at email@example.com. More information on Meridian will be made available on this website shortly.