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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Business Technology Strategic Plan: 2013 - 2017


The business technology strategy outlined in this plan[2] documents the key focus points for information technology at the FDIC for the next five years. The FDIC will continue to modernize its application portfolio, addressing the potential impact of technology obsolescence on the portfolio. The roadmaps developed under Consolidated Applications Modernization Strategy (CAMS) project will guide the modernization effort which includes application consolidation and business process reengineering. The FDIC will complete three strategic imperatives to address gaps in the execution of business capabilities. The advance analytics imperative will provide the ability to harness the vast stores of enterprise and financial data and turn it into advanced insights using sophisticated analytical techniques and tools. The mobility imperative has a goal to enable FDIC stakeholders, including the public, to access FDIC information from anywhere at any time. Lastly, the electronic document management imperative will significantly reduce the number of paper based processes at the FDIC, implementing electronic document management practices with automated workflow when practical.

The FDIC will continue to innovate and increase its business agility. The service center concept, business unit led application development, and business process improvements enable the FDIC to be more responsive to business needs.

The FDIC's ability to execute this business technology strategic plan and meet the complex financial needs of our nation and the public rests squarely on the dedication and hard work of our employees. To maintain our position as a model workplace and employer of choice, FDIC must continue to attract, develop and retain a high quality, diverse workforce that can support the accomplishment of FDIC's mission. Execution of the business technology strategy will be accomplished under the governance of existing FDIC bodies, using best practices and established policies for development and risk management. Progress of this plan will be monitored and reported on regularly to the governance bodies. As this is a living document, the FDIC expects to update this plan regularly and respond to changes in the regulatory, legislative, and operational environment.

[2] This plan also fulfills the legislative mandate in the Paperwork Reduction Act of 1995 which specifies that agencies shall "develop and maintain a strategic information resources management plan that shall describe how information resources management activities help accomplish agencies" missions.

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