Work Description: Macro Solutions' is providing both functional and technical Walker to PeopleSoft conversion expertise. In addition, we also provide management, leadership and recommendations for the overall implementation strategy and project plan. The United States Congress, by enacting the Banking Act of 1933, created the Federal Deposit Insurance Corporation (FDIC). It was established during the Great Depression to restore and maintain public confidence in the United States banking system and was given the responsibility to regulate and insure banks. The FDIC contributes stability to the nation's financial system by insuring deposits, examining and supervising financial institutions and managing relationships. The purpose of the New Financial Environment (NFE) project is to analyze the FDIC's business needs and create a financial environment that can best serve and support the FDIC in the future. The project is a major corporate initiative to enhance the FDIC's ability to meet current and future financial management and information needs. The project involves implementing a new commercial-off-the-shelf (COTS) software package to replace the FDIC's current core financial systems, which are based on the Walker Interactive Systems, Inc.'s Tamris software products. People Soft Financials was selected as the optimal enterprise financial software for the FDIC. The project also involves extensive re-engineering of the FDIC's business practices. The FDIC considers the re-engineering of its business practices to be a critical factor in achieving the expected benefits of NFE and avoiding the high maintenance costs associated with software customization.