FDIC Enterprise Architecture Framework: Difference between revisions

Revision as of 02:27, 12 January 2011

Revision as of 02:25, 20 March 2011

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=== Future IT Development ===

[[Image:Self-Funding Model for Future IT Development.jpg|thumb|320px|Self-Funding Model for Future IT Development, 2008.<ref name="FDIC08"> CIO Council (2008) [http://www.fdic.gov/about/strategic/it_plan/IT_Strategic_Plan_2.pdf Information Technology Strategic Plan 2008–2013], January 23, 2008.</ref>]]

The banking business model has become more complex, giving rise to financial instruments such as [[collateralized debt obligationsobligation]]s (CDOs) and [[structured investment vehicle]]s (SIVs) to manage risk. These instruments have created greater dependencies between the domestic and international financial markets. Financial institutions must, therefore, strike a balance between regulatory, legislative and banker concerns while appropriately managing risk.<ref name="FDIC08"/>

As cost savings are realized from a simplified IT environment and more efficient processes, the savings will be reinvested for IT improvements or accrue to the Corporation. This self-funding model is shown on the right. <ref name="FDIC08"/>