Exhibit 1. Information Technology
Management of the IT Portfolio in FY 2013

The Commission requests $70 million for services and $21.3 million for FTE, supporting the following priorities:

  • Surveillance:
    • Swaps Data Management
      • Continue implementing software to load swaps data into a data warehouse for use in market surveillance, risk monitoring, enforcement, and economic analysis.
      • Continue working with domestic and international regulators, as well as industry to define data standards and develop data loading software to support Commission systems.
      • Integrate National Futures Association (NFA) systems and data with CFTC systems and data.
      • Continue integrating futures, swaps, and master and reference data in an enterprise data environment.
    • Position and Transaction Surveillance
      • Enhance surveillance systems to collect and incorporate data into analyses.
      • Modify large trader reporting systems to support new swaps data analysis, internal reporting requirements, and transparency reporting.
      • Enhance existing surveillance systems with more precise and comprehensive account ownership and control information.
    • OTC Risk Management
      • Continue modifying current financial and risk surveillance systems to monitor volatility, variation margin, and increased financial reporting.
      • Modify financial risk surveillance systems to support new swaps data analysis, internal reporting requirements, and transparency reporting.
      • Modify financial and risk surveillance systems to monitor Commodity Pool Operators and Commodity Trading Advisors.
      • Implement futures and swaps risk management software to analyze margin requirements; determine price impact; conduct margin trend analyses and back testing; and stress testing of swaps positions.
      • Implement a risk matrix database to maintain DCO risk variables.
    • Market and Data Analytics
      • Support prototyping of new surveillance approaches.  Automate data maintenance, collection, and manipulation activities.
      • Use improved account ownership and control information for ad-hoc market and economic analysis activities.
    • Unified Reporting and Data Discovery
      • Continue implementation of a Unified Reporting environment that facilitates reporting of all data maintained in the data warehouse and CFTC systems.
      • Increase the functionality of reports available to staff.
      • Deploy a Swaps Open Interest Report.
      • Begin the planning and acquisition of data discovery tools that will allow staff to more easily detect market anomalies.
  • Enforcement:
    • Continue to enhance support for enforcement tips, referrals and early case assessments.
    • Expand case management component to support enterprise-wide case management and integrate surveillance referrals into the process for enforcement cases.
    • Update Forensics, deposition management, trial support, and analytics to support both a higher volume of investigations and more effective measurement of program results.
  • Other Mission Support:
    • Registration and Compliance, Product Review and Assessment.
      • OPERA (Organizations, Products, Events, Rules and Actions) and PARIS (Participant Information Suite).  Continue the development of a rule-based workflow engine to allow for the direct registration of entities, registration of foreign boards of trade (FBOTs), submission of rules and products, and requests for Commission actions or interpretations and to flow information directly into CFTC IT systems.
      • CFTC.gov Online Participant Portal.  Continue the implementation of an online private-cloud based submission and communication portal to and provide industry users with an account-specific view of their submissions to improve transparency of processes and procedures, providing automated notifications to external accounts regarding required actions.
      • Continue registration and examination activities related to registrants, including data management and standards reviews and data audits.
      • Continue automating the receipt of forms from traders, reporting firms, and exchanges to improve data quality and decrease industry and CFTC costs.
      • Update eDiscovery.
  • Data Infrastructure:
    • Scale communication, processing, and storage infrastructure to meet demand.
    • Continue business continuity and security control automation implementation to reduce operational risk.
    • Begin a phased implementation of High Performance Computing.
    • Begin a technology refreshment of staff computing resources.
    • Implement Enterprise Search and automate electronic records management processes to improve productivity.
  • Management and Administrative Support:
    • Support Integrated Strategic, Budget, Operating Plan Processes and Budget Program Activity Codes (BPAC) Modernization initiatives to improve resource prioritization and utilization.
    • Implement electronic, paperless automation of time and attendance reporting, integrating it with revised budget and activity planning reporting.
    • Implement a Commission-wide Budget Information System, automating budget formulation and integration with operating plans and accountability reports.