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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 2007
17 denotes 101 Sub-Cohort in Invest One
1992 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
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