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 and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
The Corporate Group provides various services to support the Bank and help each of its business areas attain its strategic objectives. These services include:
Strategic Planning Office (SPO)
Enables effective and efficient use of New York Fed resources through strategic planning, resource planning, performance measurement and evaluation, and transformation/performance management.
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.