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For Government

IFEX is an open standard that seeks to provide a free market for financial services.

On a national level, such a market increases the efficiency and competitiveness of your financial services industry.

Internal to government, IFEX can help to reduce costs by removing the need for expensive, disparate financial systems within different government departments and help to enable eGovernment initiatives by standardizing financial connectivity with partners, suppliers and the general citizenry.

Long term, IFEX might help to ensure fair and democratic financial infrastructure that prevents situations such as the recent financial blockades against Wikileaks and Iran.