June 2021CIOAPPLICATIONS.COM8CIO InsightsCXO InsightsIn My Viewt Fannie Mae, our mission is to provide a reliable source of affordable financing for homeowners and renters in the United States. As a leading source of mortgage financing, Fannie Mae purchases mortgages from lenders and helps facilitate the flow of capital into the housing market by issuing and guaranteeing mortgage-related securities. We embrace innovation and invest in technology to accomplish this mission in a safe, sound, and efficient manner. The technology side of this business requires a delicate balance of agility, speed, and security.With it comes the need for critical governance, control, and risk parameters to guide our development of software products. Historically, that's been good for safety and security, but can slow down the pace at which we can deliver new capabilities for customers. This challenge, coupled with our company-wide focus on digital transformation, motivated us to take a look under the hood and assess the Fannie Mae software development lifecycle. We discovered opportunities to eliminate redundancies and shift the engagement of key governance and control stakeholders up in the process.We launched Path to Production, or P2P, earlier this year to address these challenges and reimagine the way we work to develop software at Fannie Mae. It's a software change framework that weaves security and risk management practices into a single streamlined process for development-related work. It AHow "Path to Production"Ensures Safety and Soundness on Our Digital Transformation JourneyRAMON RICHARDS, SENIOR VICE PRESIDENT OF INTEGRATED TECHNOLOGY SOLUTIONS, FANNIE MAE
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