Islamic Interbank Money Market Website Project Solution and
Islamic Interbank Money Market Website Project -Solution and Approach Presentation to Pengarah Jabatan Operasi Pelaburan Dan Pasaran Kewangan
To brief and seek Pengarah’s endorsement on the Islamic Interbank Money Market Web Site solution and project approach
h Objective of the presentation h Understanding web site development - design principles in web site development - inventory on BNM web sites h Islamic Interbank Money Market Web Site Requirements h Proposed IIMM Solution h Proposed IIMM Project Approach h Suggestions for web hosting h Progress and Next Step h Summary
Understanding web site development Web site conceptual principles • Determine the business audience, the relationship and information content : - needs, behaviour and goals • Design considerations • incorporation of some business elements • simple but attractive and easy to navigate with a clear information structure • design to enhance information-finding – layout, links, language, graphics and content • maintain consistency within the web site • web site is searchable via search engine • usage of standard layouts – consistent with other web sites • useful web site utilities
Islamic Interbank Money Market Web Site Requirements Islamic Interbank Money Market Link from BNM Web Site (www. bnm. gov. my) www. bnm. gov. my References Islamic Banking & Takaful page Islamic Interbank Money Market Islamic Banking & Takaful Islamic Interbank Money Market (IIMM) Web Site Project
Islamic Interbank Money Market Web Site Requirements Islamic Interbank Money Market Information Structure: Index Page INDEX PAGE Dynamic Content Highlights News Upcoming Events Activities INFORMATION FINANCIAL INSTRUMENTS IMM OPERATIONS Islamic Interbank Money Market (IIMM) Web Site Project Single Sign in Section Search the Website Feedback FAQ Contact Us Privacy Statement Terms of Services Media Centre STATISTICS RESOURCES
Islamic Interbank Money Market Web Site Requirements Islamic Interbak Money Market Information Structure : Financial Instruments MAIN PAGE Single Sign in Section Search the Website Feedback FAQ Contact Us Privacy Statement Terms of Services Media Centre Dynamic Content Highlights News Upcoming Events Activities TENDERS ·Tender Results ·Forthcoming Tender ·Archive INDICATIVE YTM ·Government Securities ·Private Debt Securities OUTSTANDING ·Outstanding Amount ·GII Outstanding Issues ·BNNN Outstanding Issues STOCKS ·Securities Turnover ·Benchmark Stocks ·Islamic/Syariah Stocks On-line data Islamic Interbank Money Market (IIMM) Web Site Project Batch data RESOURCES ·Information/Links ·Islamic Statistical Bulletin ·Concepts/Glossary ·Directory of Financial Institutions ·Training & Education on IMM
Proposed IIMM Solution Content management Software Neo. Fission Create and capture site design Web design Incorporate user requirements: Organize and categorize business information Process and manage – workflow management Deploy and publish -Layout Neo. Fission Integration Services performs data integration -Information content structure EAIS – Enterprise Application Integration System Web pages Option 1 - Data extraction via EAIS • EAIS push the source data to CMS database • on-line and batch data transfer FAST/BIDS Rentas Reuters Other sources Option 2 - Data extraction via CMS • Source system performance maybe affected as CMS will access direct to the source database • On-line and batch data transfer Islamic Interbank Money Market (IIMM) Web Site Project
Proposed IIM Project Approach Guiding Principles in the project approach • Leverage on the existing Content Management Software [ Neofision ] to be in line with the management of BNM websites • Leverage on expertise in the relevant areas - web design services - content management software development services - data integration services • Provide a common platform for data integration between CMS and source information ( consideration to migrate RMBond to CMS in the near future). • Develop internal skills to implement and manage web sites using CMS with minimal technical assistance from the vendors in the future. • Project to be completed by September 2003
Proposed IIMM Project Approach Data Integration Web Design Content Management Software – CMS (Neofission) • Skali has CMS expertise using Neo. Fission Prepare IIMM requirements for web design guided by web site conceptual principles. Explore protoype design with 5 vendors: Explored with Skali on CMS facilities and development services: • First web site to use data integration from applications EAIS – Enterprise Application Integration System Green. House Creative Advances Technologies Cyber. Village FAST/BIDS Rentas Pericon. com Reuters Other sources Asia. EP Explored with Skali and BIDS/Fast Vendor on data integration from source systems. Two options : EAIS or direct extraction by CMS from source applications Islamic Interbank Money Market (IIMM) Web Site Project
Progress In Progress Mar 2003 1. CMS - Understand Neo. Fission software - Explore solution with Skali on data integration to CMS 2. Web Design - Understand designing principles for web site - Review sample protoypes 3. Data Integration - Explore data integration solutions with Skali and FAST/BIDS Vendor April 2003 May – Sept 2003 1. Project Endorsement - Formalise project approach - Formalise IIMM requirements Design, development and implementation IIMM Info. Content Structure IIMM Data Integration 2. Vendor selection Financial Information Obtain approval to award vendor IIMM Budget allocated: RM 350, 000 for 1. Technical assistance - Web design - CMS from Skali: 2. Web Design : 3. Data Integration: 4. Hardware: Max. cost Islamic Interbank Money Market (IIMM) Web Site Project RM 10, 000 RM 100, 000 - Data integration 3. Formalisation of hosting of IIMM web Site RM 120, 000 RM 50, 000 Nil RM 270, 000
Next Steps • Confirm IIMM solution - Confirm scope of work and costing with Skali - Evaluate and recommend an appropriate web designer • Endorse Project Approach - Formalize project approach with Pengarah • Endorse IIMM detail requirements - Prepare IIMM information content structure Islamic Interbank Money Market (IIMM) Web Site Project
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