Pun­jab and Sind Bank to have new CBS

Banking Frontiers - - Project Pipeline -

Pun­jab & Sind Bank is look­ing for a con­sul­tant to help it in its CBS upgra­da­tion and other IT Projects. The bank is now in the process of up­grad­ing its Fi­na­cle ver­sion 7.0.25 to a higher ver­sion or re­plac­ing the sys­tem al­to­gether. The se­lected con­sul­tant will as­sist the bank in the end-to-end con­tract ex­e­cu­tion with the se­lected sys­tem in­te­gra­tor/s in­clud­ing co­or­di­na­tion with dif­fer­ent de­part­ments for fi­nal­iz­ing the siz­ing. The con­sul­tant will be re­quired to in­de­pen­dently ar­rive at the method­ol­ogy, based on glob­ally ac­cept­able stan­dards. The bank has di­vided the project into dif­fer­ent phases with phase I com­pris­ing IT strat­egy sys­tem study (in­clud­ing study of the ex­ist­ing setup of the IT in­fra­struc­ture, com­pare with other peer banks, iden­tify Gaps if any and as­sist in defin­ing method­ol­ogy for bridg­ing up those gaps), Phase II cov­er­ing RFP prepa­ra­tion and float­ing and phase III cov­er­ing project man­age­ment, mon­i­tor­ing of im­ple­men­ta­tion and other ac­tiv­i­ties.

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