FDIC Enterprise Architecture Framework: Difference between revisions

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FDIC EA framework: clarified historical nature of framework
Future IT development: retitled to clarify legacy nature
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* ''[[Security Architecture]]'' : The Security Architecture established a framework for integrating safeguards into all layers of the FDIC's Enterprise Architecture. The security architecture used a risk management and information assurance strategy that provides access control, confidentiality, integrity, and non-repudiation for the Corporation's information and systems.<ref name="FDICOIG05"/>
 
=== Self-Funding Model for Reinvestment in IT===
=== 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. {{webarchive |url=https://web.archive.org/web/20110103174554/http://www.fdic.gov/about/strategic/it_plan/IT_Strategic_Plan_2.pdf |date=January 3, 2011 }}</ref>]]
The banking business model of 2008 had become more complex, giving rise to financial instruments such as [[collateralized debt obligation]]s (CDOs) and [[structured investment vehicle]]s (SIVs) to manage risk. These instruments created greater dependencies between the domestic and international financial markets. Financial institutions of that time should have, therefore, struck a balance between regulatory, legislative and banker concerns while appropriately managing risk.<ref name="FDIC08"/>