We have conducted IT strategy studies for several different types of clients…central banks; stock exchanges; commercial banks; manufacturing companies.
The approach we adopt is based on a structured methodology developed by Paul Whitmore, founder and chairman of the company, and documented in the book he co-authored, titled “Strategic Planning for Information Systems”, published by John Wiley.
In several of our central banking clients, we have conducted strategy studies into the requirements of the national payments systems, including Real Time Gross Settlement, Scripless Securities Settlement, Automated Clearing House, Cheque Imaging and Truncation, ATM and POS Switches and Smart Cards. In all cases our recommendations have been accepted and implemented.
We have also conducted payments strategy studies with specific objectives, for example to prepare for the introduction of a common currency within a trading block. Another example is to prepare a strategy for an emerging economy focusing on the unbanked and underbanked rural communities. A third example is the provision of an e-payment gateway for public sector use.
Procurement
Many of our IT strategy studies and payment system strategy studies, the next stage is procurement of the various components and we adopt the World Bank procurement approach in most cases as this is a tried and trusted methodology, developed over many years, which leads to value for money decisions in an open and transparent manner.
We have also conducted procurement projects for central banks directly funded by aid agencies, particularly the World Bank.
Project Management
We have carried out project management assignments for a range of clients, on a variety of projects. For example, implementation of IT strategy recommendations; implementation of payment system strategy recommendations; data center and telecommunications network rationalization; business process reengineering.
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