The Information Technology Department promotes the strategic use of technology and provides IT services to the organisation.

The department also manages two nation-wide financial networks, namely the MASNET and the MAS Electronic Payment System (MEPS). The networks provide the infrastructure for efficient electronic communication and collaboration in the financial sector, and minimize payment risks for Singapore's banking system, respectively. 

The department also oversees the project management and administration of our national payment system, MAS Electronic Payment System (MEPS+), as well as the Singapore Clearing House Association and Automated Clearing House.  In addition, it drives payment initiatives to promote the adoption of e-payments in Singapore.