The Farm Credit Administration board has approved the creation of an Office of Data Analytics and Economics (ODAE) and the selection of Jeremy D’Antoni, Ph.D., CFA, as its director. The new office will enable FCA to accomplish the board’s goal of moving further toward a more objective, data-driven approach to policymaking. It will also support the goals of the Foundations for Evidence-Based Policymaking Act of 2018.
ODAE staff will have the following primary responsibilities, evaluating strategic risks to the Farm Credit System and FCA using data, analytics, economic trends, and other risk factors. They will also serve as stewards for agency data and providing information for objective, evidence-based decision-making across FCA. They will facilitate an agencywide strategy for analytics, and collaborate across FCA offices on business intelligence tools and the development of models to meet strategic needs. Finally the office will provide economic analysis services to support the FCA board and offices regarding their decision making and regulatory activities.
In addition to serving as director of the new office, Mr. D’Antoni serves as FCA’s chief data officer, a position to which he was named in July. The FCA board created the position of chief data officer to fulfill a requirement of the Foundations for Evidence-Based Policymaking Act.
