DHS - Financial Systems Modernization - Trio
Investment ID: 024-000000610
Overview
Program Title
DHS - Financial Systems Modernization - Trio
Description
The purpose of the Financial Systems Modernization (FSM) initiative is to make DHS financial systems more efficient and transparent to benefit the public taxpayer. FSM will eliminate the impacts of incompatible, non-standard, processes and antiquated financial systems. The FSM Trio program continues the FSM initiative for the Countering Weapons of Mass Destruction (CWMD, formerly DNDO), Transportation Security Administration (TSA), and United States Coast Guard (USCG). The goal of the FSM Trio program is to obtain Financial System Modernization Solution (FSMS) with fully integrated financial, procurement, and asset management functions to improve performance, reduce material weaknesses, implement standardized business processes, improve financial operations, data integrity, and financial transparency, and offer a single solution of life-cycle contracting for all acquisitions, and comply with federal laws, regulations, guidelines, and requirements. This program is managed by DHS JPMO.
Type of Program
Major IT Investments
Multi-Agency Category
Financial Management
Associated Websites
EBS - https://ebs.fsms.dhs.gov/
Investment Detail
The FSM Trio program is currently progressing through the DHS Acquisition Lifecycle Framework (ALF) and has entered the Obtain Phase. There is a technical deficit with the DHS CAS system resulting in the need to replace it. An ROI cannot yet be calculated and can only be described qualitatively. Due to the obsolescence of the CAS system and the critical gaps needed to overcome, efficiencies will be gained from modernized systems, increased security controls, standardization of business processes, increased business intelligence reporting capabilities, adherence to federal accounting regulations and standards, and reduction in O&M costs compared to the DOI/IBC solution. A Business Case Analysis was performed on Hosting Options (in replace of an AOA) which further outlines the advantages DHS has gained by choosing to move the DOI/IBC solution to a private cloud in DHS Data Center 2 as the facility already meets USCG DISA Level 4 security requirements, has a vendor with experience migrating systems both in and out of the cloud, which allows for DHS to have greater control in managing costs, schedule, and performance. Additionally, the System Deployment Agent/System Support Agent (SDA/SSA) vendor selected by DHS to resume implementation of TSA and USCG employs a Hybrid Agile approach, which is expected to deliver the largest benefits by demonstrating low costs while simultaneously meeting most of the FSMS's business needs and minimizing risks.