Pressroom News Events Press Release

CIBL participates in 20th BATEXPO 2009 in collaboration with RDPL of India (5th - 7th Nov, 2009)

Bangladesh Apparel & Textile Exposition (BATEXPO) 2009 is going to be held at Pan Pacific Shonargaon Hotel from 5th to 7th Novemeber 2009. CIBL is participating in BATEXPO 2009 in collaboration with Royal Datamatics Pvt. Ltd. They are offering service with their highly cost effective international standard products as follows:

• APPS8i - is a full-fledged ERP application that covers all the activities that take place in an apparel/made-ups/textile/leather manufacturing company.
• Online Tracker - Online Tracker is an easy-to-use wireless tracking device that can be attached to any stitching machine to enable production floor in-charges to get real-time information of SPM (Stitches Per Minute) of each machine.
• APPS SCM - Apparel Supply Chain Management solution
• WFDMS - a workflow based enterprise document management & archiving solution
• APPS Wholesale - Apparel Wholesale Management solution

Above products are specifically designed for APPAREL (Garments, Textiles and leather) industry.

CIBL Signs MOU with Connect World Limited as Exclusive Technology Partner (24th May, 2009)

On 23rd May, 2009, on behalf of their respective organization, Mr. Muhammad Mahbub Hussain, Executive Director of CIBL and Mr. Mizarur Rahman, CEO of Connect World Limited has signed an MOU at the Connect World office at Banani in Dhaka.

Launching of Automated Cheque Processing Solution (Schedule TBD)

CIBL will be launching a hi-tech Automated Cheque Processing Solutions in partnership with a Relevant Global Solution Provider (name to be revealed soon) including the following required hardware and software:

Hardware
- Multifunction Cheque Processing Device which includes:

• MICR Encoder
• MICR Endorser
• MICR Reader
• MICR Sorter
• Personalizer

Software
Automated Cheque Processing software with the following major Functionalities:

• Cheque book production / cheque issuing system
• Amount encoding solutions including automatic amount encoding ("Power Encoding")
• Outward cheque processing solutions from clearing members to clearing house
• Cheque settlement solutions at clearing house to settle the cheque amount
• Inward cheque processing solutions from clearing house back to clearing members
• Electronic archival system for cheque etc.

The detail launching schedule of the solution will be updated and notified soon.


Launching of BASEL-II based IT engine for the Banking Sector (Schedule TBD)

CIBL will be customizable and off-the-shelf highly cost-effective BASEL-II International Capital Framework-based highly cost effective IT engine for Banking, Financial Services & Insurance (BFSI) industry(s) of developing countries including Bangladesh soon. The implementation of Basel-Ii in the banking sector will literally have devastating influence in almost all the high-level baking operational activities such as:

• Account Products Management
• Teller Management
• Deposits Management
• Loan Management
• Mortgage Management
• Treasury Management
• Fixed Assets Management
• Management Dashboard
• Back-office operations etc.

The solution to be launched by CIBL will accommodate all the impacts of the Implementation of Basel-II in a most feasible manner. The solution to be launched will have the following major features included:

• Integration of internal and external risk management on a single platform
  • Credit Risk
    • Credit Risk Identification
    • Credit Risk Measurement and Monitoring
    • Credit Risk Mitigation Plan
    • Balance Sheet Exposure
    • Off Balance Sheet Exposure
  • Market Risk
    • Market Risk Identification
    • Market Risk Measurement and Monitoring
    • Market Risk Mitigation Plan
    • Interest rate risk
    • Exchange risk
    • Price
    • Trading Book Exposure
    • Calculation of Capital Requirement of Market Risk
  • Operational Risk
    • Credit Risk Identification
    • Credit Risk Measurement and Monitoring
    • Credit Risk Mitigation Plan
    • Computation of the capital requirement under Basic Indicator Approach
• Managing and Analyzing Assets to complement internal and external risk management
• Managing and Analyzing Liabilities to complement internal and external risk management
• Credit portfolio management for regulatory capital
• Credit portfolio management for economic capital
• Calculating risk exposure and capital
• Implementing new supervisory review process
• Implementing new disclosure process

The detail launching schedule of the solution will be updated and notified soon.


CIBL Monthly Seminar for May, 2009 on “Basel-II: Implementation Impact Analysis”

CIBL leadership believes: Learning by Knowledge Sharing is most effective way of learning. One of the major activities that uplift CIBL’s knowledge sharing culture is – CIBL Monthly Seminar.

CIBL Monthly Seminar for the month of April, 2009 is decided to be held on Sunday, January 18, 2009. The details of the event are as follows:

Topic of Discussion	Basel-II: Implementation Impact Analysis
Date	31st May, 2009
Time	4:00 p.m.
Venue	CIBL Conference Room (4th floor)
Expected Duration	2 Hours
Main Speaker(s)	Khaled Mahmud Raihan, AVP, CRISL
Guest Speaker(s)	Muzaffar Ahmed, Chairman, CIBL / President & CEO, CRISL

Preface

BANKING sector in Bangladesh is passing through a historic moment after declaration of parallel implementation plan of Basel II (BRPD Circular-9 dated 31.12.08) by Bangladesh Bank (BB) - a parallel run during FY 2009 with the existing capital adequacy framework and full adaptation from 2010. Basel II promotes implementation of more risk-based capital adequacy structure and ultimately revises the operational framework of the banks.

Banks are highly prone to augmenting revenue generation that sometimes persuades to accept lower quality borrowers without considering risk infusion in their credit portfolio. Again, appropriate cost-based pricing is less concentrated due to non-counting of capital allocation cost towards the funding. Loan portfolio is being weighted with fixed risk weight under the existing capital adequacy framework for capital allocation, irrespective of risk factors of the counterparty that leads to inorganic asset or portfolio growth where organic capital growth (i.e. earning retention) doesn't pace in line with the above.

The implementation of Basel-Ii in the banking sector will literally have devastating influence in almost all the high-level baking operational activities such as:

• Account Products Management
• Teller Management
• Deposits Management
• Loan Management
• Mortgage Management
• Treasury Management
• Fixed Assets Management
• Management Dashboard
• Back-office operations etc.

In this seminar, the speakers will discuss detail impacts of the Implementation of Basel-ii, prospects and challenges related for different operational divisions of the related organization, its advantages, disadvantages, and its necessity, future and potentials in Bangladesh.

CIBL Monthly Seminar for April 2009 on “PKI & Digital Signature Technology”

CIBL leadership believes: Learning by Knowledge Sharing is most effective way of learning. One of the major activities that uplift CIBL’s knowledge sharing culture is – CIBL Monthly Seminar.

CIBL Monthly Seminar for the month of April, 2009 is decided to be held on Sunday, January 18, 2009. The details of the event are as follows:

Topic of Discussion	PKI & Digital Signature Technology
Date	30th April, 2009
Time	3:30 p.m.
Venue	CIBL Conference Room (4th floor)
Expected Duration	2 Hours
Main Speaker(s)	Prodip Kumar Saha, Software Developer, CIBL
Guest Speaker(s)	M M Islam Chisty, Head of Technology (Open Source), CIBL Muhammad Mahbub Hussain, Executive director, CIBL

Preface

The Public Key Infrastructure (PKI) is a set of hardware, software, people, policies, and procedures needed to create, manage, store, distribute, and revoke digital certificates. In cryptography, a PKI is an arrangement that binds public keys with respective user identities by means of a certificate authority (CA). The user identity must be unique for each CA. The binding is established through the registration and issuance process, which, depending on the level of assurance the binding has, may be carried out by software at a CA, or under human supervision. The PKI role that assures this binding is called the Registration Authority (RA) . For each user, the user identity, the public key, their binding, validity conditions and other attributes are made unforgivable in public key certificates issued by the CA.

A digital signature or digital signature scheme is a type of asymmetric cryptography. For messages sent through an insecure channel, a properly implemented digital signature gives the receiver reason to believe the message was sent by the claimed sender. Digital signatures are equivalent to traditional handwritten signatures in many respects; properly implemented digital signatures are more difficult to forge than the handwritten type. Digital signature schemes in the sense used here are cryptographically based, and must be implemented properly to be effective. Digital signatures can also provide non-repudiation, meaning that the signer cannot successfully claim they did not sign a message, while also claiming their private key remains secret; further, some non-repudiation schemes offer a time stamp for the digital signature, so that even if the private key is exposed, the signature is valid nonetheless. Digitally signed messages may be anything presentable as a bitstring: examples include electronic mail, contracts, or a message sent via some other cryptographic protocol.

In this seminar, the speakers will discuss details of different aspects of PKI & Digital Signature technology, its advantages, disadvantages, and its necessity, future and potentials in Bangladesh.

CIBL Annual Event 2009 – the first ever team outing of the CIBL Family

Schedule for the day long CIBL Annual Event 2009 – the first ever team of CIBL is announced. CIBL aims to be a family with close interpersonal bonding between the family members pursuing every possible professional and personal success for the family. CIBL leadership believes incorporating a culture where the family smiles together, mourns together; together the family yields amusement, and amazement inside the boundary of personal and professional achievements. The details of the event are as follows:

Day	Friday
Date	23rd January, 2009
Start Time	7:30 a.m.
Venue	Proshika HRDC Trust, Koitta, Manikganj
Participants	CIBL Associates and their family members
Events	Cricket, Indoor Games, Cultural Program, Raffle Draw
Refreshments	Continental Breakfast, Exclusive Moghlai Lunch, Desi Tea Party

CIBL Monthly Seminar for February 2009 on “Test Driven Development (TDD): Pros & Cons”

CIBL leadership believes: Learning by Knowledge Sharing is most effective way of learning. One of the major activities that uplift CIBL’s knowledge sharing culture is – CIBL Monthly Seminar.

CIBL Monthly Seminar for the month of February, 2009 is decided to be held on Sunday, January 18, 2009. The details of the event are as follows:

Topic of Discussion	Test Driven Development (TDD): Pros & Cons
Date	26th February, 2009
Time	3:30 p.m.
Venue	CIBL Conference Room (4th floor)
Expected Duration	2 Hours
Speaker	Ariful Ambia, Senior Software Developer, CIBL
Guest Speaker(s)	Muhammad Mahbub Hussain, Executive director, CIBL

Preface

Clean code that works-now. This is the seeming contradiction that lies behind much of the pain of programming. Test-driven development replies to this contradiction with a paradox--test the program before you write it. Is TDD a new idea? Not at all; since the dawn of computing, programmers have been specifying the inputs and outputs before programming precisely. Test-driven development takes this age-old idea, mixes it with modern languages and programming environments, and cooks up a tasty stew guaranteed to satisfy your appetite for clean code that works--now. The practice of Test-Driven Development (TDD) is becoming so widespread that no developer can afford to avoid learning it.

In this seminar, the speakers will discuss different aspects of TDD as a portable development methodology such as - how it can be done most effectively, what are differences between TDD and unit testing, in which situation TDD fits the most, and number of advantages and disadvantages of TDD.

CIBL Monthly Seminar for January 2009

At CIBL, there exists a strong knowledge sharing culture. CIBL leadership believes: Learning by Knowledge Sharing is most effective way of learning. One of the major activities that uplift CIBL’s knowledge sharing culture is – CIBL Monthly Seminar.

CIBL Monthly Seminar for the month of January, 2009 is decided to be held on Sunday, January 18, 2009. The details of the event are as follows:

Topic of Discussion	Software Project’s Quality Management Planning
Date	18th January, 2009
Time	3:30 p.m.
Venue	CIBL Conference Room (4th floor)
Expected Duration	2 Hours
Speaker	Muhammad Mahbub Hussain, Executive Director, CIBL

Preface

Software Quality Management is referred to as the most challenging activity during the life cycle of a software project by the researchers who have been contributing the most to the dynamic discipline of ‘Software Engineering’. Instead, quality management has not been properly adopted by most of the software development and IT service organizations yet. It happened because business owners or managers of software development and IT service organizations could not adopt themselves into the unlimited volume of diverse knowledge related to modern software engineering. To many, professional software development is still nothing more than to write codes however the production team members are habituated in, and deliver. Many believes that software quality management is nothing but following natural inclinations, and thus quality software can be produced only with the help of coding knowledge, experience and natural instincts of course (!). They got away with their this approach for quite a while, because, even the users of software or IT services had minimal knowledge and idea about what the products are, how these can benefit their business/personal interest. But, fortunately enough, the situation is changing drastically with every passing day.

In traditional industrial businesses, product quality management, quality assurance, and quality control are treated as major corporate functions, reporting to the business manager. However, not a large percentage of software organizations have yet adopted this approach. Indeed, the software business is such a recent “discipline” for most part of the world that the issue of product quality management remains a mystery, especially to business managers without real software education or experience. Even the researchers are responsible for the current situation to a minimum extent because of not being able to produce the outputs of their researches in more easily understandable formats.

In this seminar, the speaker will discuss different aspects of quality management process for software projects, scientific methodologies to facilitate the definition of quality management activities for individual projects of an organization’s scope of business interests, a scientific software quality management planning model which would make it easier for the real-time software quality managers to take decisions at any instance about standard software quality management activities that would fit their individual organizations the most..