Transforming Critical Financial
Infrastructure Behind the U.S. Economy

The point of this journey is to increase the resiliency of the company. Bruce Lee
Former CIO, Fannie Mae

Fannie Mae’s financial systems underpin the American banking system, making its cybersecurity and smooth operation essential to its employees and to financial services organizations around the world. Former CIO Bruce Lee shepherded Fannie Mae’s digital transformation to increase the organization’s resiliency, improve agility, reduce complexity, and deploy Office 365.

The company’s secure cloud transformation journey started with getting the legal team’s buy-in to move to the cloud. Lee and team moved to create a collaborative DevOps ecosystem to support the transformation of Fannie Mae’s network and security infrastructure. Fannie Mae is enjoying the outcome of its initiatives: reduced complexity, better user experience, Office 365 adoption, improved control, and better security.

Company: Fannie Mae
Sector: Financial Services
Driver: Bruce Lee
Role: CIO
Revenue: $110 billion
Employees: 7,200
Countries: 1
Locations: 8
Company IT Footprint: Fannie Mae has 10,000 people and over 10,000 servers in one or two data centers. Fannie Mae connects to about 2,500 banks and institutions, and to about 40 market providers of data or other types of services. Fannie Mae manages petabytes of data and 400 different applications. The complexity of its systems and infrastructure is not on the order of an international bank, but it is vital—it’s systemically important.

Increase resiliency

Establish clear IT strategy direction: agility, velocity, cloud

Reduce app configuration complexity

Shift to Office 365

“Fix the foundations”

Engage legal team for buy-in

Create collaborative DevOps ecosystem

Transform network and security infrastructures

Establish direct-to-internet connectivity with local internet breakouts

Standardize on cloud operating models, configurations

Reduced complexity: from 38 data-replication models to two

Better user experience, less latency, no backhauling

Successfully deployed Office 365

Improved control, visibility

Greater flexibility, resiliency

Enhanced security