Central Depository Company
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Central Depository Company of Pakistan Limited (CDC) was incorporated in 1993 to manage and operate the Central Depository System (CDS). CDS is an electronic book entry system to record and transfer securities. The aim of CDC is to operate as a central securities depository on behalf of the financial services industry so as to contribute to the country's ability to support an effective capital market system which will attract institutional and retail level investors from Pakistan and abroad. |
CDC needs to develop its IT Strategy so that IT initiatives can be prioritized according to the business needs of CDC. Alignment of IT strategy, with the business strategy is imperative so that IT can cater the needs of business. This focused strategy provides technology directions that CDC needs in order to fulfill its business objectives. IT strategic planning will allow CDC to look at the current IT operating environment and make projections about the future IT operating environment based on CDC's evolving business requirements. It will help CDC to optimize the use of IT resources and ensure the availability of trained IT personnel. The Si3 DiscoverT methodology provides a structured approach for a robust IT Strategy Framework for a large financial institution like CDC with diverse and growing IT needs. Si3 will conceptualize and document the initiatives necessary to ensure the successful identification, coordination, prioritization, planning, and execution of enterprise-wide IT related projects on an ongoing basis.
Citibank Pakistan
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Citibank Pakistan has remained one of the leading multi national banks operational in Pakistan . The nineties were the decade of dominance for Citibank on the banking landscape of Pakistan and this trend continues. Citibank launched Credit Cards in the Pakistani Market and still is the leading provider of this service. Citibank has primarily maintained the lead by introducing new services to its portfolio of cards offerings. |
Si3's ECXS Payment gateway is a services offering for Virtual acquiring of VISA/MasterCard for Citibank. This initiative brought Pakistan on the global Ecommerce map and gave the power to Pakistani businesses to transact credit cards online. Si3 offers full services range within the electronic commerce project life-cycle, from design and implementation to operational support. Si3's focus on end-to-end solutions, from Upstream Services includes Market Research, Feasibility Reports, and Internet Surveys through creative Development Process to Downstream Services, helps emerging businesses to transform into e-businesses.
Mybank Limited
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The bank commenced its operations in the year 1992 as a full Commercial Schedule bank under the license issued by the State Bank of Pakistan. The Bank within a short period of time spread its network all over Pakistan and Azad Kashmir, consisting of 50 branches. The bank has the privilege of having one of the largest network among all the newly established private banks in Pakistan. All branches of the bank are located at vintage points covering a large segment of population and business houses. |
Si3 has been selected as IT Outsourcing Partner for Mybank Limited. Si3's responsibilities as an IT Integrator and Outsourcing Service Provider encompass rolling out entire IT Infrastructure and Application Outsourcing on a turn-key basis over an aggressive 7-year timeline.
Mybank Limited (formerly Bolan Bank Limited), with a new management team in place marched forward with a well articulated strategy to establish itself as the bank that offers the Best Customer Service. To achieve this objective the bank decided to focus on the core competency of banking and customer service. Concurrently, the bank decided to outsource functions where others could do a better job for the bank while remaining aligned with the bank's overall strategy and objectives.
Additionally, Mybank understands that technology plays a pivotal role in ensuring the success in today's banking operations. From technology dependent banking delivery channels such as ATMs, Internet Banking and Tele-banking, to Core Banking Applications that automate the front and back-office operations, technology is key to ensuring that information flows within a bank are efficient and accurate and lead to faster and more intelligent decision-making.
Through a process of competitive evaluation of proposals from local and international IT Integrator companies, Mybank Limited selected Si3 as the preferred supplier to undertake the responsibility for outsourcing its entire IT infrastructure across the 50 branch network spread over 22 cities in Pakistan. This being a pioneering initiative by a bank in the country, Mybank has created a landmark in the banking industry in Pakistan .
With this goal in mind, Si3 has undertaken a total overhaul of the Bank's technological infrastructure. The scope of the proposed technological change encompasses applications for Core Banking, Email, Electronic Document Management as well as Databases, Servers, Network Infrastructure design and components.
In addition, Si3 has undertaken a Lifecycle Management approach to Mybank to cater to post-implementation requirements. A Managed Services solution provides technology upgrades, maintenance and support under a turn-key services umbrella where all applications and infrastructure management is outsourced. Furthermore, formal Project Management methodologies are being applied to ensure timely and successful completion of this project.
United Bank Limited
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United Bank Limited is one of the largest commercial banks in the country. With almost forty six years of good standing to its valued clients, it has stood the test of time, producing assets of over Rs. 300 billion. It offers its services through a wide network of over 1000domestic branches all over Pakistan and 15 overseas branches as part of its global network. |
Si3 proposed an Enterprise Management Solution Deployment for complete IT Support infrastructure at UBL. Si3's solutions are platform independent. Being vendor-neutral, we work closely with our customers to design and deliver optimized infrastructure deployments. Deployment of Tivoli products integrated with the Assyst Help Desk application is currently underway.
Si3 successfully deployed NetApp® storage solutions at UBL providing specialized hardware, software, and services, with seamless storage management for the bank's open network environments. Si3 represents Network Appliance, Inc. (NetApp), a world leader in unified storage solutions for today's data-intensive enterprise.
Si3 has been selected to design and develop a web portal for UBL Fund Manager, a subsidiary of United Bank Limited. Users can view and download information regarding UBL Mutual Funds. A variety of tools are available for Funds comparisons and projection of Return on Investment. The web application also sends vital information to subscribers via SMS.
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