EXAMINATION MANAGEMENT TOOL SUITE Highlights of purpose and major components.

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EXAMINATION MANAGEMENT TOOL SUITE Highlights of purpose and major components

NMLS Examination Management Tool Suite Purpose: Development of a full-service examination management suite of tools for state regulatory agency use for single, multistate, and state/federal non-depository depository examinations. The tool must incorporate a federated-type system of management between CSBS and the individual state agencies while maintaining autonomy of use by each participating state agency.

Business Problem: Some of the business problems attempting to be resolved by the EMTS are: Current state systems for examinations do not allow for efficient collaboration among state agencies and/or with federal agencies. Multistate supervisory efforts, such as the Multistate Mortgage Committee (MMC) and the Multistate MSB Examination Taskforce (MMET) require a coordinating system to fully realize their goals of improved supervision and efficiency for licensees Not all current systems provide licensees with an efficient and secure manner to exchange documents and communicate with one or multiple regulators. NMLS Examination Management Tool Suite

Types of Functions: The functional components of the NMLS Examination Management System can be categorized as either a Primary Function or a Support Function.  Primary functions  Those activities directly focused on creating and delivering an examination product or service.  Support functions  Those activities used by one or more primary functions to improve their effectiveness and efficiency.