OMB Memorandum M-15-12 (5/8/2015) aims to enhance federal spending transparency, making data accessible and reliable. It requires agencies to comply with the Digital Accountability and Transparency Act of 2014 (DATA Act), which mandates publishing financial data and establishing data standards. It directs agencies to revise implementation plans, designating a Senior Accountable Official (SAO) to oversee compliance. The Memorandum emphasizes a data-centric strategy for interoperability between systems, leveraging metadata to link financial data across the government. The Chief Data Officer, as a data leader, plays a crucial role in ensuring these requirements are met, promoting transparency, and facilitating data-driven decision-making within federal agencies.

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