ATS to continue FHFB applications work

ATS Corp. won a five-year contract from the Federal Housing Finance Board for application and development services.

Under the terms of the $2 million contract, ATS of McLean, Va., will provide application and information technology support services for the agency's primary information management systems. The board uses the systems to regulate federal home loan banks and ensure they have sufficient capital to carry out their housing and community development mission.

The board is an independent government agency whose mission is to supervise the 12 federal home loan banks throughout the country. Each of the banks is a separate, government-chartered, member-owned corporation. ATS has supported to the board for the past three years.

ATS offers systems integration, application development, IT infrastructure management and strategic consulting services to government agencies, financial institutions and government-sponsored enterprises.