treasury’s borrowing program

Treasury’s Borrowing Program

InvestOne

Gale DaggettAccountant, Federal Borrowings Branch

April 12, 2007

Summary Overview of the System Creating Accounts Creating Securities Transaction Processing Common User Interface Reporting Future Enhancements

Government Wide Initiatives President’s Management Agenda Expanding Electronic Government Improved Financial Performance

OMB Business Rules for Intragovernmental

Transactions Exhibit 300

InvestOne Off-the-shelf investment management and

accounting system offered by SunGard Accounts for virtually all types of investment

portfolios, transactions, and securities Processes over 40,000 investment portfolios of

all types Representing more than $10 trillion in assets Serves more than 25,000 customers around the

world Leading banks, asset managers, pension fund

administrators, and mutual fund companies

Public Debt and InvestOne System utilized since 1999 by OPDA Borrowings since 2003

Accounts for approximately 80 credit and non-credit reform funds

Equates to approximately 9,000 loans $238 billion in principal outstanding as

of 02/28/2007

Features Real-time processing, portfolio valuation

and cash management Flexible to allow addition of new

transactions and securities On-line access to all data to facilitate

decision making Automates most accounting functions to

increase productivity

InvestOne the System System architecture is Virtual

Storage Access Method (VSAM) files, currently moving to DB2

Operates on IBM Mainframe or Unix platform

Offers Application Service Provider (ASP) or in-house installed

Example of CR Borrowing

Creating Accounts

User Defined Fields Ability to

establish user defined fields for accounts, securities, and transactions

Security Categorization Allows hierarchical

levels of categorization

Ability to sort and group reports by category level

101 Sub-Cohort has Cohort Years 1992 to 200717 denotes 101 Sub-Cohort in Invest One1992 to 2007 denotes the actual Cohort Year in Invest One

Creating CR Securities

CR Security Terms

Comprehensive Accounting Capabilities For all industry standard income accrual methods Accrual methods are selected by the user at the

security level to provide maximum flexibility Accruals automatically calculated by the system

over any period of time (daily)

Accrual Methods

Variable Interest Rates

Example of NCR Borrowing

Creating NCR Securities

NCR Security Terms

Transaction Processing Efficiently processes large volumes of

transactions Inbound Messaging Interface Outbound Messaging Interface Manually Entering Transactions

Ability to add new transactions, modify, delete, and reverse existing transactions

Automatic Transaction Generation

GWA, InvestOne, and PARS

GWA Download

PARS

InvestOneIn-bound

messaging

Out-bound messaging

Repair Station Edit process for

transactional data Incomplete transactions for

messaged data are held into a pending transaction status Held for subsequent review Released by authorized

operator Transactions dated outside of

the open accounting period

Manually Entering Transactions

Transaction Codes

All transactions processed have a TRAN code

Codes determine the general ledger effects of the transaction

Examples: BUY, SELL, MATU, RBUY, RSELL, RMATU, INT, INT+, INT -

Automatic Transaction Generation Automatically generates

predictable transactions Generated transactions can either:

Assume payment on pay date Set-up a past due receivable for

tracking until payment is received

Real-Time Error Correction

Ability to correct an error and the system will re-calculate all values

Ability to post transactions that occurred in prior periods, but should only affect current accounting periods

Integrated General Ledger Module that interprets

transaction input and automatically creates balanced journal entries

Chart of accounts flexible enough to accommodate 10,000 different income and expense accounts

Standard features: trial balances, journal entry inquiries, financial statements, and supporting audit trails

Detailed Audit Trails

Audit trails maintained before and after critical activities

Maintenance activity reported by user, account, security, memo number, or specified date range

Comprehensive Access Control

Controls access security at the user and screen level

Ability to control access to particular functions by user

Ability to control the user rights within a function (view, update, report)

Common User Interface (CUI)

PC-driven front end to InvestOne, which takes advantage of Microsoft Windows technology

Dramatically improves the ease of use and ‘look and feel’

CUI Features Integrated PickLists of valid values by field Mouse driven processing ‘Click’ between related screens User-designed formats for any screen User-defined fonts and colors User-defined help messages User-defined edits and defaults for input

data elements

CUI Editor Mode

Ability to: Delete fields, move

fields, and add static text to screens

Add field forwarding, edits defaults, data lists, and change the size of any field

Authorized access to this function

Customized Menus

Set of default menus provided for the new user

Veteran users can skip the menus and go directly to the screen (by command)

Ability to tailor menus

Customized Error Messages

Set of default messages Ability to customize error messages

To a particular classification Give user specific instructions for

particular error

On-line Help Every data element in the system

has a complete screen of help documentation associated with it Ability to customize or elaborate on

the HELP screen

Powerful Reporting Standard Reports

Over 300 standard reports available Spectra an Integrated Ad-Hoc Report Writer

Provides the user with quick access to important information displayed in a user-defined format

Allows user to design, view, print or download an unlimited number of custom reports

No longer have to wait for overnight processing to see printed results

Spectra Data Requests

Security Distribution Analysis

Fund Trend Analysis Pricing/Exchange Rate

Trend Analysis Transaction Analysis Spectra includes a

consolidated reporting module

Distribution Reporting

Transaction Analysis Reporting

Reporting Capabilities

Spectra Data Request Displays:

Text to Screen Text to Printer Pie Chart Bar Chart Text to File

InvestOne Enterprise Enhanced data access and dissemination, improved

workflow, and new reporting capabilities Utilizes a browser-based architecture for accessing data via

an Internet/Intranet client workstation Data-driven architecture that helps users to customize the

application around their particular needs Drill-down feature Data dictionary and data extraction with formulas Ability to create fields and add logic Public Debt to implement in 2nd Quarter Fiscal Year 2008

Question and Answer