Fall Regulatory Summit

Internal Use Only

Business Case Recap In 2020, an interagency team evaluated community bank examination processes across the agencies to determine if there is a business case for using shared technology tools to support examiners and bankers. • Result of Evaluation : Across agencies, community bank examination processes share high commonality and present a compelling business case for collaborating on IT strategies that will achieve shared supervisory objectives. • The timing is right as the landscape for supervision technology is changing rapidly. In the coming years, new technologies (e.g., AWS cloud and Appian low-code solution) must replace the proliferation of aging, custom-built systems at the FDIC and FRS.

Common problems benefit from shared solutions.

Reduced regulatory burden

Interagency alignment

Improved collaboration

Simplified IT ecosystem

Public stewardship

Lower costs