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    marklogic-demo-day.pdf marklogic-demo-day.pdf Presentation Transcript

    • Transparency in Federal Spending The DATA ActJay Fohs 7/10/12 Jay.Fohs@MarkLogic.com 301-502-4279 Slide 1 Copyright © 2012 MarkLogic® Corporation. All rights reserved.
    • Federal Reporting Today  Current Reporting   USASpending.gov   Cfda.gov   Recovery.gov   Treasury Financial Statements  Inconsistent   Expenditures vs. obligations   Outlays vs. paid out   Jobs Saved vs. Employment   Accounting principles and standards  Multiple Formats   Heterogeneous Systems   Constantly evolving sources of data   Growing ExponentiallySlide 2 Copyright © 2012 MarkLogic® Corporation. All rights reserved.
    • Federal Spending is Complicated Agency Funding Code Disbursements Recipient   Detailed Spending Data Stays inside Agency Treasury   Accurate Reporting requires Data Integration Location   GSA Approved Vendor + Pricing Executive   Contracts – Purchase Order Agency Federal   Recipient Performance Award Recipient Reporting   Department Accounting Data Core Acctg System   Tier 1 Prime Detail Data Recorded Requisition, Purchase Orders Cash Voucher   Funding Codes: Treasury Account Symbol (TAS), Expense Report Funding Codes   Monthly Summary Statement of Transaction Reporting to Treasury by TAS PDFExpense Report, Obligation,   Need to maintain integrity of record data, & Disbursement Word XLS Reconcile Fund Balance With Treasury Agency Core RDBMS Multiple Accounting System Data formats of documents Slide 3 Copyright © 2012 MarkLogic® Corporation. All rights reserved.
    • DATA Act Requires  Recipient Reporting   Federal Award   Quarterly Reporting   Identification of recipient; Name   Location; City, County, State, Congressional District, Zip code & Country   From which Executive Agency  Agency Reporting   Obligation and Expenditure   Identification of recipient; Name   Location; City, County, State, Congressional District, Zip code & Country  Treasury Disbursement   Identification of recipient; Name   Location; City, County, State, Congressional District, Zip code & Country   From which Executive Agency  Financial Accountability Portal   Integrate information submitted by Recipients and Agencies   Integrate Treasury Expenditures   Integrate FPDS and FAADSSlide 4 Copyright © 2012 MarkLogic® Corporation. All rights reserved.
    • DATA Act Standards Enable Automation  Taxonomy Agency Funding Online   Agency Code Disbursements Travel Req   Program Recipient “Manager Approval” Treasury   Product Service Code   Award Location   Recipient Budgetary Executive Estimates Agency   Funding Code Planning Federal Resources Award Recipient Reporting  XBRL-XML Tagging   <Agency>GSA</Agency>   <Program>Federal Building Fund</Program>   <Product-service-code>Lodging</Product-service-code>   <Award>$154,000.00</Award>   <Recipient>M Resort</Recipient>   <Funding Code>TAS</Funding Code>Slide 5 Copyright © 2012 MarkLogic® Corporation. All rights reserved.
    • The DATA Act Enables Data Integration   Solution   Defined Taxonomy – Tagging   Secure, Single Platform with easy-to-use search FAST Portal   Spatial display of information   Real-time Analysis   Alerting Transformation,   Benefits Human &   Fast development: real-time transformation Machine Enrichment   Lower operating costs: commodity Agency hardware, automated process Funding Code   Personnel savings: less time required to findDisbursements information Recipient   Constituents getting better information, Treasury faster PDF Location   Accountability Executive Word XLS Agency   Agency, Recipient, Treasury, Award Name, Federal RDBMS Unstructured Program, Funding Code, Location Award Grants &Recipient Reporting Contracts Documents Supporting Data Slide 6 Copyright © 2012 MarkLogic® Corporation. All rights reserved.
    • GSA Las Vegas Conference  Recipient Data   Funding Code – Federal Building Fund   Recipients of funds from the Federal Building Fund   Airline, Passenger, Date, Justification XBRL   Hotel, Guest, Date, Justification   Royal Productions Contract and Purchase Order .xls  Agency Reporting   Expenditure was higher than Obligation RDMS   Travel Expenses - # of trips to Las Vegas XML Answer  Treasury Expenditure 47X4542.001   Funding Code – Federal Building Fund   Paid Airline, Hotel, “Additional Expenses”  Financial Accountability Portal .html   All information available for IG at one location   Consults FAADS and FPDS Slide 7 Copyright © 2012 MarkLogic® Corporation. All rights reserved.
    • Analytics on Consolidated Reporting Government-wide oversight identifies patterns and trends, such as:  In the fourth quarter of 2010, for each program in each agencys budget, what are the most expensive contracts in each category?  In the fourth quarter of 2010, which small-dollar contracts went to large businesses, in violation of the rule that small-dollar contracts must be awarded to small businesses?  For each program, which expense categories increased faster than total expenses, and by what proportion? Slide 8 Copyright © 2012 MarkLogic® Corporation. All rights reserved.
    • Thank youJay Fohs 1/25/12 Jay.Fohs@MarkLogic.com 301-502-4279 Slide 9 Copyright © 2012 MarkLogic® Corporation. All rights reserved.
    • Benefits of DATA Act Current Post-DATA ActGrants/Contracts Reporting •  •  Each agency has own system No taxonomy •  Recipient form sent to independent FAST commission •  Manual Reporting •  Common taxonomy •  Only summary data sent to central •  Detailed (not summary) reports sent database to one commission (FAST)Obligation/Disbursement •  Each agency tracks O/D in multiple internal systems •  Agencies report all O/D data (not just summary) to FAST commission •  Each agency shares summary O/D •  Common data format data to 3 different databases (interoperable, tagged, standards •  No common format or taxonomy based) •  Data not publicly available •  30 day reporting requirementTreasury Expenditure Data •  Treasury expenditure database is inaccessible •  Treasury required to report all expenditures to FAST commission •  Common format •  Common taxonomy Slide 10 Copyright © 2012 MarkLogic® Corporation. All rights reserved.
    • Examples of Information Applications Common Metadata Digital Content Information SocialRepository Catalog Delivery Intelligence Applications MorganStanley SmithBarney   Repurpose information trapped in existing silos   Make information more accessible and more relevant   Improve collaboration and decision-making Slide 11 Copyright © 2012 MarkLogic® Corporation. All rights reserved.