Federal Reserve Board (FRB)
20th and C Streets, NW,
Washington, 20551, DC,
United States
Washington, 20551, DC,
United States
1 888-851-1920
Government
Federal Reserve Board (FRB) Technographics
Federal Reserve Board (FRB) Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Federal Reserve Board (FRB) and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 24875 Federal Reserve Board (FRB) employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Federal Reserve Board (FRB) has purchased the following applications: Workday Accounts Payable for AP Automation in 2023, Sterling Background Check for BackGround Screening in 2020, Microsoft BI (SSRS, SSAS, SSIS, SQL Server Reporting) for Analytics and BI in 2016 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Federal Reserve Board (FRB) is running and its propensity to invest more and deepen its relationship with Workday , Sterling Talent Solutions , Oracle or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Federal Reserve Board (FRB) revenues, which have grown to $7.41 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Federal Reserve Board (FRB) intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Federal Reserve Board (FRB) Tech Stack and Enterprise Applications
Federal Reserve Board (FRB) ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Workday | Legacy | Workday Accounts Payable | AP Automation | ERP | n/a | 2023 | 2024 |
In 2023 the Federal Reserve Board implemented Workday Accounts Payable as part of its enterprise Workday Government Cloud deployment, integrating AP capabilities into the Board’s broader Workday Financials and Workday HCM environment. Workday Accounts Payable is categorized as AP Automation and serves as the supplier accounts and invoice processing layer within the Board’s financial management stack.
The implementation extends standard accounts payable capabilities found in Workday Financials, including supplier accounts management, invoice processing, supplier management and reporting, employee expense handling, and linkage to procurement integrations. Workday Accounts Payable is described in the Board’s documentation as part of financial accounting and management reporting workflows, enabling supplier and invoice data to be used for budget tracking and financial reporting within Workday Financial Management.
Integrations are defined in the Board’s PIA, the procurement and supplier management system feeds supplier and applicant data into Workday Financials, and Board Accounting supplements financial information through manual entry of documents received by email or mail. Employee and applicant information is shared across Workday HCM and Workday Financials for payroll, expense reimbursement, and onboarding related financial transactions, and fingerprint collection by the Board’s Personnel Security Section is handled outside of Workday with images not retained in Workday.
Governance and privacy are governed by the Workday Government Cloud Privacy Impact Assessment updated in 2023, which catalogs populations served including past and present Board employees, dependents, beneficiaries, contract workers, applicants, and suppliers, and outlines purposes for data collection such as personnel transaction processing, benefits administration, onboarding, and financial accounting and reporting. For questions or comments the PIA directs stakeholders to privacy.comments@frb.gov and the documentation frames Workday Accounts Payable within the Board’s centralized financial management and supplier management controls.
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AR Automation | ERP |
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2023 | 2024 |
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ERP Financial | ERP |
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2023 | 2024 |
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Federal Reserve Board (FRB) HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Sterling Talent Solutions | Legacy | Sterling Background Check | BackGround Screening | HCM | n/a | 2020 | 2020 |
In 2020, the Federal Reserve Bank implemented Sterling Background Check as its BackGround Screening application to support People and Culture and Talent Support workflows. The initial deployment targeted the Federal Reserve Bank St. Louis operations and the Federal Reserve Eighth District onboarding and offboarding processes, covering employees, contractors, and vendors.
Sterling Background Check was configured to manage background verification workflows tied to onboarding, including case review and standard adjudication workflows typical of background screening platforms. Configuration work included the creation and ongoing management of legal New Hire, Promotions and Transfers reports and support for New Employee Onboarding training aligned with the application.
Operational integration included active liaison and operational coordination with SYS AMP operations to resolve Sterling background verification issues, embedding the BackGround Screening application into recruitment support and Talent Support processes. The system operated as the focal point for Talent Support staff handling verification exceptions, candidate clearance, and onboarding status updates.
Governance was centered on a subject matter expert within People and Culture who analyzed process inefficiencies, collaborated with leadership to implement modifications, and led efforts to develop efficiencies and automation for recruitment and onboarding workflows. The SME role also included participating in candidate selection for Talent Support staff and managing ad hoc assignments related to Sterling Background Check operations.
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Compensation Management | HCM |
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2023 | 2024 |
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Core HR | HCM |
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2022 | 2022 |
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Onboarding | HCM |
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2023 | 2024 |
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Payroll | HCM |
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2023 | 2024 |
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Recruiting | HCM |
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2018 | 2018 |
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Recruiting, Applicant Tracking System | HCM |
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2022 | 2022 |
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Time and Attendance | HCM |
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2023 | 2024 |
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Federal Reserve Board (FRB) Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft BI (SSRS, SSAS, SSIS, SQL Server Reporting) | Analytics and BI | Analytics and BI | n/a | 2016 | 2018 |
In 2016, the Federal Reserve Bank implemented Microsoft BI (SSRS, SSAS, SSIS, SQL Server Reporting) in the Analytics and BI category. The engagement centered on institutional reporting and internal analytics, conducting stakeholder interviews and facilitating meetings with project teams to gather requirements for dashboards and reports.
Microsoft BI was configured with SSIS delivering ETL pipelines into a centralized SQL Server store, SSAS used for semantic modeling and cube development, and SSRS for scheduled and ad hoc report delivery via SQL Server Reporting. Configuration work emphasized dimensional modeling, reusable ETL packages, and metadata capture to support cross-report consistency within the Microsoft BI environment.
Requirements were validated through iterative workshops, and the deliverables included dashboard and report specifications that were developed using MicroStrategy, reflecting a hybrid BI footprint during the implementation. Governance activities established reporting owners and formal requirements sign off with project teams to control report production and access across business units.
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Analytics and BI | Analytics and BI |
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2024 | 2024 |
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Analytics and BI | Analytics and BI |
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2024 | 2024 |
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Federal Reserve Board (FRB) Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Collaboration | Collaboration |
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2015 | 2015 |
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Federal Reserve Board (FRB) Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Web Content Management | Content Management |
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2021 | 2021 |
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Federal Reserve Board (FRB) ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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IT Service Management | ITSM |
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2024 | 2024 |
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Federal Reserve Board (FRB) PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Robotic Process Automation | PaaS |
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2022 | 2022 |
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Federal Reserve Board (FRB) IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Application Hosting and Computing Services | IaaS |
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2007 | 2007 |
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Content Delivery Network | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2021 | 2021 |
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Database Management | IaaS |
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2019 | 2020 |
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IT Decision Makers and Key Stakeholders at Federal Reserve Board (FRB)
| First Name | Last Name | Title | Function | Department | Phone | |
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Assistant Director, Data Management Business Services - Office of the Chief Data Officer | Director | IT | |
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Chief Data Officer | CXO | IT | |
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Manager, Data Management, Office of the Chief Data Officer | Manager | IT | |
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Chief, Financial and Macroeconomic Stability Studies, Division of Financial Stability | CXO | Finance | |
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Director Division of International Finance | Director | Finance | |
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Deputy Director Division of International Finance | Director | Finance | |
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Deputy Director Division of International Finance | Director | Finance | |
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Director Division of Financial Management | Director | Finance | |
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Chief Operating Officer | CXO | Finance | |
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Director Division of Information Technology | Director | IT | |
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Deputy Director Division of Information Technology | Director | IT | |
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Deputy Director, Division of Financial Management | Director | Finance | |
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Director Division of Financial Stability | Director | Finance | |
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Head Of Human Resources | Director | HR | |
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Senior Talent Acquisition Manager | Manager | HR | |
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Talent Acquisition Manager | Manager | HR | |
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Senior Manager of HR Strategy and Workforce Planning | Manager | HR | |
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Director & CIO | CXO | IT | |
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AI Program Manager | Manager | IT | |
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Deputy Director, IT Strategy and Digital Transformation | Director | IT | |
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IT Manager | Manager | IT | |
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Chief Data Officer | CXO | IT | |
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Chief Artificial Intelligence Officer | CXO | IT | |
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IT Manager | Manager | IT | |
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Deputy Director & CTO | CXO | IT | |
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Apps Being Evaluated by Federal Reserve Board (FRB) Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Federal Reserve Board (FRB) IT executives and key decision makers. This section highlights Federal Reserve Board (FRB)'s latest recorded technology evaluations, including Amazon Lambda for Apps Development on 2026-03-31, Temenos T24 for Core Banking on 2026-02-17, and Finastra Fusion Digital Banking for Digital Banking on 2026-02-09. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Federal Reserve Board (FRB) digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| 2026-03-31 | Federal Reserve Board (FRB) | Evaluated | Amazon Web Services (AWS) | Amazon Lambda | Apps Development | PaaS |
| 2026-02-17 | Federal Reserve Board (FRB) | Evaluated | Temenos | Temenos T24 | Core Banking | ERP Services and Operations |
| 2026-02-09 | Federal Reserve Board (FRB) | Evaluated | Finastra | Finastra Fusion Digital Banking | Digital Banking | ERP Services and Operations |
| 2026-02-04 | Federal Reserve Board (FRB) | Evaluated |
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Core Banking | ERP Services and Operations |
| 2026-01-28 | Federal Reserve Board (FRB) | Evaluated |
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Core Banking | ERP Services and Operations |
| 2026-01-19 | Federal Reserve Board (FRB) | Evaluated |
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Physical Access Control System | Physical Security |
| 2025-12-03 | Federal Reserve Board (FRB) | Evaluated |
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Treasury Management | TRM |
| 2025-09-30 | Federal Reserve Board (FRB) | Evaluated |
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Web Content Management | Content Management |
| 2025-06-17 | Federal Reserve Board (FRB) | Evaluated |
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Payment Processing | ERP |
| 2024-10-21 | Federal Reserve Board (FRB) | Evaluated |
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Procurement | Procurement |
FAQ - APPS RUN THE WORLD Federal Reserve Board (FRB) Technographics
Federal Reserve Board (FRB) is a Government organization based in United States,
with around 24875 employees and annual revenues of $7.41 billion.
Federal Reserve Board (FRB) operates a diverse technology stack with applications such as
Workday Accounts Payable, Sterling Background Check and Microsoft BI (SSRS, SSAS, SSIS, SQL Server Reporting),
covering areas like AP Automation, BackGround Screening and Analytics and BI.
Federal Reserve Board (FRB) has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Workday, Sterling Talent Solutions and Microsoft.
Federal Reserve Board (FRB) recently adopted applications including
Microsoft Power BI in 2024, Collibra Data Intelligence Platform in 2024 and ServiceNow ITSM in 2024,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Federal Reserve Board (FRB)’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Federal Reserve Board (FRB)’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Federal Reserve Board (FRB) technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.