CBS Implementation, Core banking

1. FINCBS INC
Core Banking Implementation &
Upgrades
Raj Bank
Universal Core Banking System
FCBS
www.fincbs.com
cbs@fincbs.com

2. Implementation Overview
Core Banking Implementation & Upgrades
BIFURCATION RESULTS
LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4
OBJECTIVES INTERFACE BUSINESS USER CHECKLIST
1234
DESIGN & TRAINING
APPROACH BUSINESS
DEVELOPMENT
BUSINESS SIGNOFF
BUSINESS
PARAMETERIZATIO MANAGE
LEVELS
RESULTS GO LIVE
N
MENT
INFORMATION PGLS
CUSTOMIZATION APPROVALS
GATHERING
MIGRATION
SIT & UAT
CBS Selection Tech. Implementation Walk Through Go Live & Support
FINCBS FINCBS FINCBS FINCBS

3. LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4
LEVEL 1 2 3 4
Core Banking Implementation & Upgrades
STAGE 1 Objectives
 To select the right core banking system vendor
 To get the best deal
CBS Selection
1
 To ensure that the right contract with a tightly defined
scope of work is put in place
Approach
 Selection of a shortlist either through an RFI (Request for
Information) process or using Bank defined criteria
 Definition of a comprehensive set of functional and
technical requirements based on an existing best practice
model
 Development of a comprehensive Request for Proposal
which controls the vendor’s response in a consistent
format. This is based on best practice templates developed
FINCBS over many previous assignments

4. LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4
LEVEL 1 2 3 4
Core Banking Implementation & Upgrades
STAGE 1 Approach
 Customization of an evaluation model built around our
predefined criteria Initial response review, vendor
CBS Selection demonstrations and scoring of shortlisted vendors
1
 Development of customized scripted scenarios based on
our best practice templates
 Reference site visits
 Final Selection decision
 Contract negotiation and final vendor due diligence
 Program setup and governance advice
 Development of a risk management framework
 On-going implementation reviews
FINCBS

5. LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4
LEVEL 1 2 3 4
Core Banking Implementation & Upgrades
STAGE 1 Business Results
 Detailed and systematic with key review points
 Openly competitive for vendors
CBS Selection
1
 Presents a unified front to the vendors
 Input from various parties to balance various perspectives
 Detailed evaluation model providing a consistent
framework
 Detailed collaboration – not a consultant driven decision
Key Issues
 What do we really need in terms of functionality?
 What are the key criteria that we should be looking for?
 How will we evaluate the vendor responses in a Consistent
manner?
FINCBS
 What role will reference site visits play in the process?
 How will we negotiate with the vendor to get the best price
without damaging service delivery?

6. LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4
LEVEL 1 2 3 4
Core Banking Implementation & Upgrades
STAGE 1 Information gathering
Our consultants cover all complexities, ensuring the core
CBS Selection banking solution meets every current and future
1
requirement. We have a process driven approach and
partner with our clients through the entire life-cycle of the
solution deployment which is extensively covered in
information gathering phase.
Key Areas
 Business Requirement Gathering
 GAP Analysis
 Business Process Re-engineering
FINCBS

7. LEVEL1 LEVEL 2 LEVEL 3 LEVEL 4
LEVEL 1 2 3 4
Core Banking Implementation & Upgrades
Benchmarking
STAGE 2 Once the business requirement is finalized, robust technical
implementation plan is generated which covers infrastructure
to parameterization of banking products.
Technical
2
Implementation Key Areas
 Interface design and development
 Parameterization
 Customization
 Data conversion and migration
 User Acceptance Testing (UAT) and System Integration
Testing (SIT)
FINCBS

8. LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4
FEL 1 FEL 2 FEL 3 FEL 4
LEVEL 1 2 3 4
Core Banking Implementation & Upgrades
Business Satisfaction
STAGE 3 At this stage, our consultants take the bank users
through the live system showing them the functions and
Walk Through features and how the application can be used in various
3
day to day practical scenarios
Key Areas
 Business User Training
 Across organizational hierarchy within the
bank/branch
 Across business departments
 Comprehensive Coverage
 Anywhere/Anytime Training
FINCBS

9. LEVEL 1 LEVEL 2 LEVEL 3 LEVEL 4
LEVEL 1 2 3 4
Core Banking Implementation & Upgrades
Go Live & Post Go Live Support
LEVEL 4
With proper approval from business team and bank
management the go live activity is planned with staged
Go Live & Support parallel runs to check compatibility of the new version in
4
live environment.
Key Areas
 Implement Go-Live Checklist
 Post Go Live Support
 Through Post-Go-Live Operations Consulting, your
IT team
 Intangible Benefits with PGLS
FINCBS

10. THANK YOU