Case Study: MBIA achieves automated cash management and improved visibility with FIS Integrity SaaS

MBIA Automates Cash Management with Integrity SaaS, Version 10

MBIA Inc., a financial guarantor based in Purchase, New York, faced manual, spreadsheet-driven cash and liquidity management across roughly 200 bank accounts and portfolios that include $5–6 billion in investments and $125–150 billion of insurance exposure. To modernize operations without a large implementation burden, MBIA selected FIS’ Integrity SaaS (Version 10) to automate cash and liquidity management, strengthen controls, and improve decision-making.

FIS implemented Integrity to deliver automatic daily cash-position reporting with rule-based mapping, create pool groups for centralized visibility, and automate account reconciliations—replacing time-consuming manual bank-data transfers. The solution produced automated cash statements and reconciliations, flexible management reporting, improved Sarbanes‑Oxley compliance, reduced manual administration, and freed treasury and accounting staff to focus on analysis and strategic tasks.

MBIA

Joe Buonadonna

Treasury Director