The goals of financial systems, and the financial operations that serve as their foundation, are threefold:

• Scorekeeping - Capturing, recording, summarizing, and recording performance;
  
  
• Attention-Directing - Drawing attention of managers to specific areas and comparing expected and actual performance; and
  
  
• Problem Solving - Determining the best choice from a set of possible actions.

Fairfield Technologies Inc. has significant experience and expertise in financial operations, and in developing state-of-the-art automated solutions that deliver results in all of these areas.

Fairfield Technologies have delivered the following systems solutions to meet critical client needs:

• Total Cost of Ownership (TCO) and Return on Investment (ROI) Modeling In a Software Services Environment - E-Commerce Firms and State-Level Organizations - Providing senior advisory services on TCO estimation and service pricing
  
  
• Corporate Data Warehouse Development, Information Quality Programs - Federal Home Loan Mortgage Corporation (Freddie Mac) - Supported strategic business goals; Improved financial, regulatory reporting
  
  
• Financial Services Industry Product Development - IBM Corporation - Strategic, enterprise-wide, worldwide database, data warehouse, and consulting services
  
  
• Financial/Operational Systems Re-Engineering Project - National Publishing Firm
  
  
• Accounting Systems Re-Engineering Project - Computer Services Firm
  
  
• Business Process Re-Engineering Effort - State Government Organization - Improves organization’s technology ROI.

Fairfield Technologies personnel have developed key financial systems for the U.S. Government (loan portfolio management and forecasting system) and other Fortune 500 companies (credit quality assessment systems, financial forecasting system, marketing information analysis systems), performed field-office productivity and cost allocation studies for a major property/casualty insurance carrier, performed business and technology planning and cost modeling for a major health-care organization’s new business venture, and designed, developed, and supported accounting and financial applications, portfolio management and decision support systems for financial services and manufacturing firms. Members of FTI professional staff have solid experience in financial and economic modeling, teaching classes on financial and economic modeling topics, as well as teaching MBA graduate-level courses on financial aspects of Internet systems operations.