Financial Management


Financial Management ERP Systems (FMS) Support.

There are many software systems that support FM processes. We specialize on the CGI/Momentum© Financial Management system and offer the following services:

  • Tailoring, customization, and configuration
  • Capability extension such as:
    • Injection of ML&AI capabilities into financial workflows/systems
    • Support for crypto currency in FMS
  • Business process reengineering
  • Operations management
  • Security management
  • Business Continuity / Mission Assurance / DR / COOP

Secure Development and Implementation of Financial Management System.

Financial Management Systems (FMS) are a class of software systems that are subject to unique security and privacy requirements. The Axiologic Solutions to developing FMS software is based on the following elements, which all work together, from basic, to more specialized:

  • Adoption of Cyber Security general best practices, across a variety of domains, including:
    • Software Systems/Applications
    • Infrastructure
    • Networks
    • Physical security
    • Vulnerability management
    • Business Continuity / Disaster Recovery Plan
  • Modern Software Development best practices:
    • DevSecOps
    • Iterative development
    • Security design
    • Automated testing
    • Secured coding practices
    • Vulnerability assessment
  • Modern Systems Engineering approaches – see Axiologic Solutions’ Systems Engineering Methodology 
  • NIST 800-37 Risk Management Framework (RMF)
  • NIST 800-53 security controls:
    • Basic overlays
    • FMS extensions e.g., Cloud Analytics, ML model creation, AI logic
  • Critical IT General Control (ITGC) controls
  • Privacy controls
  • Federal Information System Controls Audit Manual (FISCAM) practices
  • Cloud Migration practices
  • Secured operations
  • Cloud Security Overlays
  • SEI Architecture Tradeoff Analysis Method (ATAM) to assess
  • Specialized penetration testing (and other testing) of FMS
  • Use of Cyber Range
  • Assessments & Authorization

Financial Data Management

Financial systems, processes, and workflows produce and interact with a variety of information (FM-data) who’s quality and availability are critical. Axiologic Solutions provides services that are focused on FM-data across the entire data lifecycle, and includes:

  • Data security and privacy: applying the RMF to secure FM-Data confidentiality, integrity, and availability, and ensure privacy
  • Enterprise Data Management functions: a tailored set of capabilities to cover the entire FM-data lifecycle, including:
    • Data Architecture: as related to the agencies Enterprise Architecture
    • Data Integration: with other FM-data and non-FM-data; to support data analysis, data science, data reporting, and data warehousing
    • Data Fusion: to support data quality management, master data management, data analysis, data science, data reporting, and data warehousing
    • Master Data Management: deduplication, quality management
    • Reference Data Management: use of code tables
    • Data Quality Management: various perspectives
  • Test and Training Data Sets (Labeled, unlabeled): to support data science and M
  • Data Governance: to control change to the data and to the applications/systems
  • Data Audits

Financial Data Analysis.

As part of our Data Science service area, we provide specialized skills for the analysis of financial data (statistical, probabilistic, first-generation machine learning), largely to support identifying trends/patterns and anomalies in the data. These include:

  • Time series/temporal analysis
  • Anomaly detection (tampering, fraud, errors, quality, etc.)
  • Data visualization

Business Controls and Compliance, and FMS Cyber-Security.

We provide specialized services focused on ensuring that the FM business processes, workflows, software logic, data logic, and integration meet all regulations, compliance, security, and privacy requirements. It is basically a multi-focus/multi-layer compliance and security focus. These include:

  • FMS cyber-security: tailoring NIST RMF for FMS include A&A and ATOs (overlaps with the Axiologic Solutions Next Generation System Assessment & Authorization (A2-TNG) Service)
  • Business controls (policies, procedures, SOPs, configurations): defining, implementing, validating, and auditing

Strategic Planning and Advisory Services.

We provide specialized services supporting the government in significant strategic initiatives, specifically:

  • FMS related Enterprise Architecture planning
  • FMS modernization, upgrading, migration, digital transformation
  • FMS integration, both intra- and inter-agency