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Table of Contents

  • Investment Summary Information
  • Investment Detail
  • Investment and Contracts
  • Historic CIO Rating
  • Investment Spending
  • Projects and Activities Detail
Section A: Investment Summary Information
Investment Name
Retail Securities Systems (RSS)
Unique Investment Identifier
015-000000062

Investment Description

RSS is a consolidated investment containing multiple systems and applications to support the two primary missions of the Retail program: (1) sell and service U.S. Treasury securities held directly by private individuals and organizations, and (2) manage the Judgment Fund appropriation used to pay most court settlements and Justice Department compromise settlements against the United States.
Agency Department of the Treasury
Point of Contact Sam Corcos - CIO email Not Provided
Investment Type Major IT Investments
Bureau Fiscal Service
Mission Support Not Applicable
Shared Service Category Not Applicable
Shared Service Identifier Not Applicable
TMF Initiatives
  • Not Applicable
FY 2025 IT Spending $101.55 M
Current CIO Rating 2
Data As Of: 06/10/2025

Total Projects

7

Cost Variance

  • 7Low
  • 0Medium
  • 0High

Schedule Variance

  • 3Low
  • 2Medium
  • 2High

Cost Variance

  • Low: Projects that have <10% Cost Variance
  • Medium: Projects that have ≥10% and <30% Cost Variance
  • High: Projects that have ≥30% Cost Variance
Cost Variance: ((Planned Total Costs - Projected or Actual Total Costs) / Planned Total Cost) x 100

Schedule Variance

  • Low: Projects that have <10% Schedule Variance
  • Medium: Projects that have ≥10% and <30% Schedule Variance
  • High: Projects that have ≥30% Schedule Variance
Schedule Variance: ((Planned Completion Date - Projected or Actual Completion Date) / Project Duration) x 100

Cost and Schedule Variance color coding is based on absolute values. For example, a +40% variance and a -40% variance are both High/Red.
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Download: Project and Variance Source Data (CSV)
Date Investment First Submitted
09/24/2021
Date of Last Investment Detail Update
06/10/2025
Section B: Investment Detail
  1. Briefly describe the investment's return on investment, including benefits internal and external to the government and outcomes achieved or planned.
Section C: Investment and Contracts

Public URLs

Section D: Historic CIO Rating
Data Last Updated On: 04/22/2022
Section E: Investment Spending

Table 1: Distribution by Spending Type

Spending Type PY 2024 CY 2025 BY 2026
DME Costs 44.461 9.973 0
O&M Costs 76.495 91.577 0
Total 120.956 101.55 0

Table 2: Distribution by Cost Pools

Cost Pools PY 2024 CY 2025 BY 2026
External Labor 0 0 0
Facilities & Power 0.596 0.644 0
Hardware 3.22 2.757 0
Internal Labor 19.96 19.587 0
Internal Services 0 0 0
Other 7.76 6.206 0
Outside Services 74.549 54.386 0
Software 14.002 17.635 0
Telecom 0.867 0.336 0
Total 120.954 101.551 0
Cost PoolsCost in millions (M)

Table 3: Distribution by IT Towers

IT Tower PY 2024 CY 2025 BY 2026
Application 66.002 47.56 0
Compute 22.633 21.956 0
Data 0 0 0
Data Center 0.646 0.644 0
Delivery 9.655 9.763 0
End User 0.152 0.118 0
IT Management 3.065 2.996 0
Network 1.928 1.681 0
Output 0 0 0
Platform 7.185 6.694 0
Security & Compliance 8.394 9.442 0
Storage 1.296 0.697 0
Total 120.956 101.551 0
IT TowersCost in millions (M)
Data Last Updated On: 06/10/2025
Section F: Project Detail

Table 1: Project Details

Project Name Project UID Status Planned Total Cost ($M) Cost Variance (%) Planned Start Date Planned End Date Schedule Variance (%) Schedule Variance (Days) TMF Initiative
Accrual Bond Payment System (ABPS) Project 202050 Complete 0 7.7 29 29 Not Applicable
Treasury Retail Investment Manager (TRIM) 202284 In Progress 231.63 -11 2019-01-19 2027-06-30 0 0 Not Applicable
Matured & Unredeemed Debt (MUD) Solution 202436 Completed 12.6 0 2020-10-01 2023-02-20 2.8 2.8 Not Applicable
REGII Mainframe Migration 202757 Completed 0.58 0 2022-06-07 2024-01-31 -19 -19 Not Applicable
SBVV - Fraud 202758 Completed 0.19 -93 2023-10-03 2024-05-07 -42 -42 Not Applicable
PEP - TRES/Siebel CRM Replacement 202759 In Progress 18.9 0 2023-07-11 2024-11-11 -160 -160 Not Applicable
Transition Retail Applications to Financial Agent (FA) 202841 In Progress 112.84 0 2024-10-17 2027-09-30 0 0 Not Applicable
LowMediumHigh

Table 2: Project Related Details

Accrual Bond Payment System (ABPS) Project
  1. Are information technology investments adequately implementing incremental development methodology? (Y/N)
  2. What is the frequency of incremental development iterations? (ex. 1 month, 3 months, 6 months, 12 months or greater)
    Days
  3. Please describe the iterative development methodology being employed. (500 characters or less)
Treasury Retail Investment Manager (TRIM)
  1. Are information technology investments adequately implementing incremental development methodology? (Y/N)
    Yes
  2. What is the frequency of incremental development iterations? (ex. 1 month, 3 months, 6 months, 12 months or greater)
    Months
  3. Please describe the iterative development methodology being employed. (500 characters or less)
    The application is being developed in a series of successive iterations group by similarity to a common function. Full functionality is deployed in milestones every 6 to 8 months.
Matured & Unredeemed Debt (MUD) Solution
  1. Are information technology investments adequately implementing incremental development methodology? (Y/N)
  2. What is the frequency of incremental development iterations? (ex. 1 month, 3 months, 6 months, 12 months or greater)
    Days
  3. Please describe the iterative development methodology being employed. (500 characters or less)
REGII Mainframe Migration
  1. Are information technology investments adequately implementing incremental development methodology? (Y/N)
  2. What is the frequency of incremental development iterations? (ex. 1 month, 3 months, 6 months, 12 months or greater)
  3. Please describe the iterative development methodology being employed. (500 characters or less)
SBVV - Fraud
  1. Are information technology investments adequately implementing incremental development methodology? (Y/N)
    Yes
  2. What is the frequency of incremental development iterations? (ex. 1 month, 3 months, 6 months, 12 months or greater)
    Weeks
  3. Please describe the iterative development methodology being employed. (500 characters or less)
    The project team will meet every two weeks to discuss all work completed.
PEP - TRES/Siebel CRM Replacement
  1. Are information technology investments adequately implementing incremental development methodology? (Y/N)
    Yes
  2. What is the frequency of incremental development iterations? (ex. 1 month, 3 months, 6 months, 12 months or greater)
    Weeks
  3. Please describe the iterative development methodology being employed. (500 characters or less)
    Project team will meet every 4 weeks to discuss all work completed.
Transition Retail Applications to Financial Agent (FA)
  1. Are information technology investments adequately implementing incremental development methodology? (Y/N)
  2. What is the frequency of incremental development iterations? (ex. 1 month, 3 months, 6 months, 12 months or greater)
  3. Please describe the iterative development methodology being employed. (500 characters or less)
Section G: Performance Metrics
Metric Description Performance Measurement Category Unit of Measure Reporting Frequency Agency Baseline Capability Measurement Condition Target 2025 CY Latest Actual Result Date of Latest Actual Result Met Target
Average turnaround time for a basic customer request regarding Retail Securities (Average Case Resolution time) Strategic and Business Results days Monthly Under target 30 24 2025-04-30 MET
Percentage of calls answered within 5 minutes. Customer Satisfaction percent Monthly Over target 80 93 2025-04-30 MET
Average turnaround time for a complex customer request regarding Retail Securities (Average Case Resolution time) Strategic and Business Results days Monthly Under target 90 69 2025-04-30 MET
Percent of Security Payments Processed Accurately and Timely Financial Performance Percent Monthly Over target 100 100 2024-07-31 MET
Percentage of cases that can still meet assigned 40 day SLO in the current inventory (Cases Meeting Days Assigned, based off Receipt Date) Strategic and Business Results Percent Monthly 80 Over target 80 2023-03-31 MET
Percent of Unassisted Retail Securities Transaction Strategic and Business Results Percent Monthly 73 Over target 75 85 2025-04-30 MET
Percent of Domestic Judgment Fund Payments Processed within Service Level Objective Strategic and Business Results Percent Monthly 85 Over target 95 100 2025-04-30 MET