Fed's Tarullo says Brexit is factor in rate decision: Bloomberg

June 02, 2016

Britain's possible exit from the European Union will be a factor as U.S. Federal Reserve policymakers weigh whether they should raise interest rates later this month, Fed Board Governor Daniel Tarullo said on Thursday. "In the short term it is more a question of the immediate impact on markets," Tarullo said in a Bloomberg TV interview. "If there are implications for growth over time, to the degree it's a factor (in the June rate decision) it's taking into account what will happen in financial markets and the immediate aftermath of the vote."

Spotlight

On behalf of the IBM Analytics Solution Center in Washington, D.C., we are pleased to present this white paper, “Risk Management for Government.” In a 2008 survey conducted by IBM, only about half (52 percent) of all surveyed acknowledged having any sort of formalized program to manage risk and even fewer (45 percent) categorize their organization as being effective at risk management. Astoundingly, most organizations don’t plan for risk.

Spotlight

On behalf of the IBM Analytics Solution Center in Washington, D.C., we are pleased to present this white paper, “Risk Management for Government.” In a 2008 survey conducted by IBM, only about half (52 percent) of all surveyed acknowledged having any sort of formalized program to manage risk and even fewer (45 percent) categorize their organization as being effective at risk management. Astoundingly, most organizations don’t plan for risk.

Related News

EMERGING TECHNOLOGY,GOVERNMENT BUSINESS,GOVERNMENT FINANCE

UK Export Finance Leverages Informatica Cloud Platform to Help Businesses Scale Globally

Informatica | September 22, 2022

Informatica® (NYSE:INFA), an enterprise cloud data management leader, today announced that UK Export Finance is modernizing to the cloud with Informatica’s Intelligent Data Management Cloud (IDMC), freeing up team resources to better serve UK businesses of all sizes and sectors. UK Export Finance is the world’s first and oldest export credit agency, its mission is to advance prosperity by ensuring no viable UK export fails for lack of finance or insurance, doing that sustainably and at no net cost to the taxpayer. In the last year it supported 545 companies supporting exports in 61 countries. The small but nimble department is undertaking a digital transformation journey and selected Informatica to modernize its data architecture on a single cloud platform. Informatica’s IDMC enables enterprises to manage, own and derive insights from their data in the Cloud. UK Export Finance kicked off its digital transformation with a focus on connectivity and fast data ingestion. The IDMC enabled seamless integration with Azure DevOps and Power BI and allows UK Export Finance to manage all data pipelines from a single, browser-based tool and usage-based pricing has lowered the total cost of ownership. With a legacy integration stack, the UK Export Finance technology team was spending more and more time on maintenance and manual hand-coding to rebuild connectors to meet the specs of modern data architectures, taking time away from important projects. This, along with evolving international standards and regulatory requirements, made it the right time to modernize to the cloud. After an intensive decision-making progress, UK Export Finance chose Informatica’s cloud-native IDMC for its best-in-class capabilities, wide array of codeless connectors, and ease of implementation. With AI-powered automation and re-usable templates, IDMC has reduced data loading and build times by 40%, allowing the UK Export Finance technology team to focus on more strategic initiatives. Developers and data scientists are no longer tied down with maintenance and instead applying their expertise in building reports that unearth insights and value from the data for the UK exporters the department serves. “With a mission to better serve British businesses to enter new markets, maximize growth potential and increase the volume of export sales, our team looks to data to unearth insights and uncover new strategies, Informatica’s Intelligent Data Management Cloud has helped alleviate the maintenance and build burden, allowing our team to work on more interesting, strategic initiatives and deliver data-driven recommendations for the UK Exporters we support.” -Daniel Cozens, Senior Technical Lead, UK Export Finance. How businesses manage and innovate with data can be the decider on whether they become an industry disruptor or get left behind. With the IDMC, UK Export Finance can improve operational efficiency, eliminating inefficient hand coding and democratise data across the department to allow faster time to value and timely insights, said Jason Tooley, VP Informatica. We’re pleased to be working with UK Export Finance to unleash the power of its data to help UK businesses and industries thrive. About Informatica: Informatica (NYSE:INFA), an Enterprise Cloud Data Management leader, empowers businesses to realize the transformative power of data. We have pioneered a new category of software, the Informatica Intelligent Data Management Cloud™(IDMC), powered by AI and a cloud-first, cloud-native, end-to-end data management platform that connects, manages, and unifies data across any multi-cloud, hybrid system, empowering enterprises to modernize and advance their data strategies. Over 5,000 customers in more than 100 countries and 85 of the Fortune 100 rely on Informatica to drive data-led digital transformation. About UK Export Finance: UK Export Finance is the UK’s export credit agency and a government department, working along-side the Department for International Trade as an integral part of its strategy and operations. Established in 1919, its mission is to advance prosperity by ensuring no viable UK export fails for lack of finance or insurance, doing that sustainably and at no net cost to the taxpayer.

Read More

EMERGING TECHNOLOGY,GOVERNMENT BUSINESS

GovPilot Announces Integration with BRT Technologies, Enhances Tax Assessment Capabilities of New Jersey Local Government Customers

GovPilot | September 07, 2022

GovPilot, a provider of modern cloud-based government management software specifically designed for municipal and county governments has partnered with BRT Technologies, another New Jersey based technology firm specializing in tax assessment. The partnership includes an integration that will enable New Jersey tax assessors and administrators of municipalities and counties who currently utilize both BRT Technologies’ tax assessment software and GovPilot’s government management platform, to access permit records stored in GovPilot, directly in BRT. This will significantly speed assessment time and enhance operational efficiency for local governments across New Jersey. BRT’s tax assessment products are currently used in 300+ municipalities and in all 21 counties across the state. Ellen Foye Malgieri, a Tax Assessor for the Town of South Orange, New Jersey said, “This integration will make revaluation much easier and faster. Rather than going back and forth between systems, everything is now connected and it is far simpler to access records. When I use GovPilot, it has all permit records visible by block and lot. Now with the integration, our assessors and inspectors can access that information instantaneously directly within BRT. It’s extremely helpful, and fast. I’m glad they got together to do it!” “By partnering with BRT Technologies, GovPilot is putting a suite of efficient, intuitive digital tools in the hands of New Jersey tax assessor and administrators directly within their GovPilot modules that will unify data instantly with other departments. This is going to make the work of tax assessors far easier and faster which will have a positive impact on residents and local economies within the state.” -James Delmonico Chief Product Officer, GovPilot. Local governments in the U.S. have often operated with a mix of paper-based processes, spreadsheets, single-use software, and older on-site server based systems. Not only is this inefficient but it is expensive to maintain and presents a significant cyber risk for local government administrators and their constituents, said GovPilot Founder and CEO, Michael Bonner. As a unified cloud-based government management platform, GovPilot aims to be the operating system for local government. This implementation provides BRT and GovPilot customers with best-in-class tax assessment availability, reliability, and security. “BRT's innovative suite of products are not only easy to use but are also backed by a support and tech team New Jersey Assessors and Administrators have come to know and trust. This partnership with GovPilot reinforces both companies’ commitment to helping local governments right here in the state of New Jersey by modernizing and streamlining their services and operations.” -Randy Riesenberg, BRT Technologies’ Chief Technology Officer. About GovPilot: GovPilot - named a GovTech 100 company for five consecutive years - is the leader in digital transformation for local governments. GovPilot's cloud-based platform was built with the sole purpose of enabling local governments to operate at their full potential by standardizing, digitizing, and unifying more than 100 operational and constituent service processes on one operating system. About BRT Technologies: BRT Technologies LLC is a NJ based software developer comprised of industry-leading software engineers and certified tax assessors and is widely known as a patented leader in mobile and cloud-based software solutions. With over 150 combined years of NJ tax assessment experience, BRT Technology products and services have truly been created by NJ tax assessors and administrators for NJ tax assessors and administrators. BRT products are currently used in 300+ NJ municipalities and in all 21 NJ counties.

Read More

GOVERNMENT BUSINESS,INFRASTRUCTURE,CYBERSECURITY

PARAGON INCREASES INVESTMENT IN BUSINESS DEVELOPMENT

PARAGON SYSTEMS | September 26, 2022

Sean will drive growth and development across all business sectors encompassing federal and commercial business development. Joining Paragon in 2020, following his progressive success since 2012 with affiliate Securitas USA (SUSA), Sean has directly supported the acceleration of growth of physical security offerings for the Aerospace & Defense sector. Additionally, Sean has led the integration of combining physical security offerings with specialty cleared commercial services from Paragon Risk Management, Cybersecurity, and Technology Solutions. Serving as a Captain in the U.S. Army's Military Police Corp, Sean led paramilitary training and security operations supporting Operation Iraqi Freedom. Following his service, Sean earned a dual master's degree in security management and emergency management from the John Jay College of Criminal Justice. Sean's capabilities and vision will provide the business development and capture management teams additional insight into enhancing service offerings and integrating capabilities across the Federal government and its contractors. While serving as Vice President of Global National Sales for SUSA, Sean successfully built cohesive growth-oriented entities across geographic and vertical markets and increased brand placement in the marketplace. "Sean's operational experience in both the public and private sector, coupled with his proven track record to foster widespread organizational growth, will prove valuable as we continue to move the company into the future of safeguarding American assets." -Tony Sabatino, Chief Executive Officer,PARAGON SYSTEMS. ABOUT PARAGON SYSTEMS: Paragon employs over 12,000 professionals in specialized operations providing security, fire, investigations, inspections, cybersecurity, risk management, and mission support services to the U.S. Federal Government and other critical infrastructure clients. Paragon is Safeguarding American Assets at home, abroad, & beyond.

Read More