Michael Lee is the vice president of finance technology at Fannie Mae. Working closely with the chief financial officer organization, Lee led the technology migration from encumbered legacy financial accounting applications and infrastructure to cloud-native services, reimagined and future-proofed processes, improved employee self-service access to simplified and well-curated reporting and accelerated delivery with Agile.

Fannie Mae’s digital transformation journey has been a multi-year effort to enable the company to deliver more value to its customers and the broader housing finance system. Lee ensured modernization of Fannie Mae’s finance functions would replace complex manual tasks and entries with automated processes and provide a more scalable platform capable of meeting business needs today and for the future. Improvements with the new system include: a reduction in data movements by more than 75%, a 40% improvement in close times, improved business analytics and data integration.

Name:

Michael Lee

Title:

Vice President of Finance Technology

Company Name:

Fannie Mae