The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.
The Corporate Group provides various services to support the Bank and help each of its business areas attain its strategic objectives. These services include:
Data Capabilities Office (DCO)
Establishes approaches, frameworks and standards to improve data practices across the Bank to achieve better leverage of the data assets and the work being done in analytics.
Financial Operations, Reporting and Risk Management (FORRM)
Provides financial insight and analyses; while ensuring timely, accurate, and efficient processing of accounting and depository institution account coordination activity that comply with Federal Reserve System (FRS) and Bank policies.
Procurement Value Management (PVM)
Maximizes value for the Bank by reducing the total cost of ownership of goods and services procured from third parties, optimizing and governing vendor relationships utilizing a risk-adjusted approach, leveraging spend, enhancing solution delivery, and streamlining and automating processes.
Enterprise Services and Resiliency Planning (ESRP)
Provide strategic management and planning of core workplace and resiliency services which includes Real Estate Management and Planning, Business Continuity Office and Business Services.
Business and Finance Partners (BFP) Enable the strategic management of resources through insight, analytics, and strategic and consultative guidance with respect to accounting policies and financial reporting.