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✉news BusinessBanking first seen 17 h ago, last 54 min ago, peak #1

Fed watchdog urges central bank to streamline IT operations

Original: Fed watchdog pushes central bank toward more streamlined IT operations

An internal watchdog at the US Federal Reserve is pressing the central bank to make its IT operations more streamlined, according to FedScoop. The report highlights inefficiencies in how the Fed manages its technology systems and calls for consolidation and modernization efforts. The story is drawing attention from banking and technology policy observers tracking federal IT reform.

Why now: New reporting on a Fed watchdog's recommendations for IT modernization has just been published.

Federal ReserveFedScoop

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