Case Study
Alaska Division of Banking and Securities
1703v6stfcsakdb&c Alaska Division of Banking and Securities The Last Frontier State Streamlines Regulatory Oversight With STAR Financial Alaska is like no other state. Its land mass is twice as large as Texas, yet total population is only 730,000. While 41 percent of residents live in Anchorage, many other Alaskans live in remote areas. With an economy and state general fund largely dependent on the oil extraction industry, when crude oil prices collapsed in 2014 the State of Alaska tasked every agency with delivering essential services with fewer resources. One agency, the Division of Banking and Securities, had already begun procuring a new case management system to improve regulatory oversight, reduce reliance on spreadsheets, and consolidate multiple systems in two cities mo