BTFA - Trust Funds Accounting System (TFAS)

The current TFAS solution will remain in effect through Q2 FY 2019 and therefore the existing investment will not provide quantitative or qualitative cost saving or a realized return on investment. The OST is in the process of implementing a new solution as a replacement of the legacy platform. Awarded in FY 2018 the new solution provides a baseline fiscal saving of ~$22M given the average investment with the current system since FY 1998. The new platform being implemented moves the costs to a firm fixed price model which will be $5M per fiscal year. Within the core replacement system OST has also invested in a Business Intelligence solution and mobile platform in support of beneficiary services. These added solutions are inclusive of the $5M firm fixed price investment per year. Concurrently OST has invested in it's own cloud based infrastructure to support a data-warehouse respective of the Business Intelligence solution. This investment will add approximatly $250k annual infastructure cost. It is estimated that FY 2019 cost-avoidance will be ~$11.5M.

This can be realized given the fact that both system must be run in parallel in order to ensure proper transition. This includes a $9M legacy contract extension coupled with the $5M steady state firm fixed price new contract and and a data warehouse investment of $1.5M to build out the cloud data warehouse offering. Total investment in FY 2019 $15.5M with a cost avoidance of ~$11.5M.

• Total
• Cost Pools