FDIC, Federal Deposit Insurance Corporation, Office of Inspector General, core values: communication, objectivity, responsibility, excellence
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Project Management Framework for the
Asset Servicing Technology Enhancement Project

December 2005
Audit Report 06-004


ASTEP Project Vision and Objectives

The figure shown is a triangle.

The top of the triangle represents the “Chairman’s Vision”. The Chairman’s Vision is to be a “thought leader and a visionary for the banking community.

The middle layer of the triangle represents the ATEP Vision components. There are four components of the ASTEP Vision:

  1. Be a seller
  2. Ability to scale and handle failure of a large institution
  3. Move organization away from functional silos
  4. Adopt industry best practices.

The bottom layer of the triangle represents the ASTEP project objectives. The six main objectives of the ASTEP project are to provide:

  1. A single source of data
  2. A single reporting platform
  3. An adaptable integration infrastructure
  4. A common user interface experience
  5. Automated workflows
  6. Enhanced data quality and timeliness.

Source: ASTEP Current State Assessment Report, December 7, 2004
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Last updated 01/18/2006