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Department of the Treasury

Financial Crimes Enforcement 

Network

FY 2020

Capital Investment Plan
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Table of Contents

Major IT Investments ..................................................................................................... 3

BSA IT Modernization .............................................................................................................. 3
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The Office of Management and Budget (OMB) Capital Planning Guidance changed how certain IT 

Investments are categorized. The Agency IT portfolio summary consists of Part 1: IT Investments for 

Mission Delivery; Part 2: IT investment for Administrative Services and Support Systems, and Part 3: IT 

Investments for IT infrastructure, IT Security, and IT Management (so called “standard investments”). 

The guidance no longer requires Part 3 investments to be reported as major or non-major investments. 

However, the Department of the Treasury’s Capital Investment Plan will continue to report these 

investments. 

Consistent with the corresponding Summary of Capital Investments table, the columns included in the 

investment tables below are defined as:

• FY 2018: Actual obligations of budgetary resources including annual funding, prior year 

balances, user fees, and other sources;

• FY 2019: Estimated obligations based on the Annualized Continuing Resolution funding level 

assumed for the FY 2020 President’s Budget. Figures include annual funding, prior year 

balances, user fees, and other sources; and

• FY 2020: Estimated obligations based on the funding requested in the FY 2020 President’s 

Budget. Figures include annual funding, prior year balances, user fees, and other sources. The 

amount of new budget authority requested for a given investment can be found in the Summary of 

Capital Investments table (see “FY 2020 Budget Authority Request” column). 

Treasury is committed to working with partners to further improve capital investment reporting and 

performance management. As a result, plan formatting may continue to evolve. Additional information 

about Treasury’s capital investments is available at the link below. 

https://itdashboard.gov/drupal/summary/015

Major IT Investments

BSA IT Modernization

Description:

FinCEN's BSA IT Modernization initiative is a Treasury effort to provide and maintain a modernized 

information technology foundation to collect, analyze, and share Bank Secrecy Act (BSA) data.

Investment Obligations: (In Millions of $):

Type FY 2018 FY2019 FY2020 Change in 

$ % Change

Sub -Total DME Obligations (Including Internal 

labor (Govt. FTE)) 0.98 2.30 1.00 - 1.30 - 56.52%

Sub -Total O&M Obligations (Including Internal 

Labor (Govt. FTE)) 20.64 31.54 34.31 2.77 8.7 8 %

Total Obligations 21.62 33.84 35.31 1.47 4.3 4 %

Purpose, Accomplishments, Future Objectives:

FinCEN's Bank Secrecy Act Information Technology (BSA IT) Modernization is an investment that 

began in FY 2010. The investment represents the primary IT investment that directly supports 
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FinCEN's mission to safeguard the financial system from illicit use, combat money laundering and 

promote national security through the collection, analysis, and dissemination of financial intelligence 

and strategic use of financial authorities. FinCEN's mission supports Treasury's strategic goal to protect 

our national security through targeted financial actions. To successfully fulfill its mission, FinCEN 

relies on secure, advanced IT to manage the collection, processing, storage, analysis and dissemination 

of BSA information that contributes to the soundness of, and confidence in, America's financial 

system. FinCEN is the administrator of the Bank Secrecy Act, which allows stakeholders to combine 

this financial intelligence information with other sources to address issues related to achieving 

economic and financial stability and combating terrorist financing. Prior to the four-year development 

effort that was completed in FY 2014, FinCEN faced the challenge of enabling easier compliance and 

streamlining BSA information capture for its financial community stakeholders, while maximizing the 

value and impact of BSA information for its regulators, law enforcement, and intelligence community 

stakeholders. This investment addressed these challenges by providing a comprehensive technical 

architecture and an enterprise-wide information management and analysis framework that equips law 

enforcement and financial industry regulators with better decision-making abilities and increased value 

of BSA information through enhanced data integrity and analytical tools. This allows law enforcement 

and regulators to focus their limited resources on the areas of shifting illicit criminal activities and 

vulnerabilities affecting the soundness and stability of the U.S. financial system. In addition, the BSA 

IT Modernization investment enables easier compliance and streamlines BSA information capture for 

FinCEN's financial community through its enhancement of electronic filing systems, standardization of 

financial data with existing standards, and more timely and useful feedback on BSA information filings 

and the use of BSA information.

In FY 2019 and FY 2020, FinCEN plans to continue supporting the operations and maintenance of the 

BSA IT Modernization investment with ongoing maintenance releases to address any defects and 

minor requests for change and enhancements. In addition, FinCEN will complete several development 

efforts to continue to enhance electronic filing and search and analytical capabilities provided to its 

internal and external users.