Pressroom News Events Press Release

CIBL in collaboration with Royal Datamatics Pvt. Ltd (RDPL) of India participates in 20th BATEXPO 2009.

(5th - 7th November, 2009)

CIBL is participating in 20th Bangladesh Apparel & Textile Exposition (BATEXPO) 2009 in collaboration with Royal Datamatics Pvt. Ltd India, which will be held at Pan Pacific Shonargaon Hotel in Dhaka of Bangladesh from 5th november to 7th november 2009. The honourable prime minister of Bangladesh will inaugurate the occasion.

CIBL signs contract with Meghna Insurance

(October, 2009)

CIBL has signed a contract with Meghna Insurance to facilitate their rapidly expanding business by automatizing their business process, which includes development, implementation & integration of the following's:

• Upgradation of network Infrastructure
• Optimize network design & implementation to accommodate expansion of MICL
• Custom business process management solution
• Custom workflow-based document management and archiving solution

CIBL signs contract as Exclusive Partner of Finteq (South Africa).

(June 03, 2009)

CIBL has signed a contract as the Exclusive Partner of Finteq (PTY) Limited – a South Africa based global provider of high-tech IT solutions for the financial sector. Finteq is leading the way by developing simple and cost effective systems to solve banking problems.

Finteq has grown to a team of specialized development professionals dedicated to providing the financial industry with solutions that will enable banks of all sizes to increase efficiency and cost effectiveness. Whilst the focus of the business is based around Automated Cheque Processing, Clearing House Solutions, Teller Systems, POD/Waste Systems, Archiving, Transaction Processing and Communication, there is a constant strive to develop further products/modules to suite the requirement of customers and the market. All of the products that the company develops are modular in construction and although they work very efficiently when bundled, are able to be offered as independent solutions interfacing with other systems.

CIBL is awarded with an EXCLUSIVE Distributorship for Bangladesh Territory and a Non-exclusive distributorship for India, Pakistan, Srilanka and Nepal for implementation, sales and support services of all products and solutions of Finteq (PTY) Limited.

Connect World Limited has chosen CIBL as Technology Partner.

(May 23, 2009)

Connect World Limited has decided to partner CIBL as its Only Technology and Consulting Partner to ensure its seamless connectivity, innovative technology oriented services using CIBL's excellence and committed support. 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.

“Automated Compliance Process Management (ACPM)” – comprehensive new project.

(April 02, 2009)

Recently, CIBL has signed a contract with CRISL for the development of CRISL’s Automated Compliance Process Management (ACPM) application. This solution is aiming to complete automate the compliance process of CRISL including features such as -

• Digital Signature
• Compliance process workflow management
• Compliance activities management
• Compliance planning
• Project-based compliance process activities tracking
• Compliance effort tracking
• Role based access control
• Activity based automated alarm system
• Compliance Monitoring Dashboard etc.

This application is proposed to be developed using the following major technologies:

• Microsoft .Net 3.5
• MS SQL Server 2008
• LogiReport for .Net

Automated Cheque Processing Solution – Launching soon.

(May 14, 2009)

As a consequence of a Circular of the Central Bank of Bangladesh, an MICR, Image-processing based Automated Cheque Processing Solution has become an inevitable need for the Banking sector of the country. CIBL is on the verge of 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.

Certificate Distribution and Lead Capturing Solutions – CSI Projects started with Vintage.

(May 20, 2009)

CIBL has signed a contract with Vintage IT Ltd for a Canadian Securities Institue Inc. (CSI) project. Technically an exclusive integration and reporting application which integrates few existing applications developed in java using oracle as backend. The development environment is based on apache, tomcat, eclipse, yahoo ui libraries, terracota clusters, birt - java open source reporting tool plus some sql stored procedure developed using pl sql against oracle. In addition there are interfaces, extracts and data feeds to ms sql database. Also to create reporting solution with dashboards, exclusive drill down charts, graphs & reports.

Major technologies/methodologies to be used in this project are:

• Java, J2EE
• Apache, tomcat
• Eclipse, BIRT, Yahoo UI Libraries
• Terracota Clusters
• Oracle
• SQL Server 2000/2005
• JUNit, Sellenium
• Flash, Javascript, DHTML, Erwin Data Modeller
• CIMeN (CIBL Implementation Methodology Navigator)

CIBL has been shortlisted for Microsoft’s ISCP Program.

(March 31, 2009)

After becoming Microsoft Corporation’s Registered Partner, CIBL has been notified by the Microsoft on the 25th of March that Microsoft has shortlisted CIBL for their latest “Indian Sub-continent Certified Partnership (ISCP)” program. This partnership would guide CIBL towards a faster achievement of Microsoft’s Certified Partnership.

Basel-II based cost-effective IT engine for Bangladesh – CIBL’s next move.

(March 24, 2009)

CIBL is in the process of finalizing custom & off-the-shelf cost-effective solutions jointly with an Indian IT Giant (name to be revealed soon ), primarily, BASEL-II International Capital Framework-based highly cost effective IT engine for Banking, Financial Services & Insurance (BFSI) industry(s) of developing countries including Bangladesh.

CIBL has started its operation in Sydney, Australia.

(February 25, 2009)

With its new APAC managing partners, CIBL has started its operation in the Asia Pacific region initially based in Sydney, NSW, Australia. The CIBL-specific Global Region “Asia Pacific” (APAC) which will be responsible for serving CIBL’s clients and partners from the following countries/territories:
Australia, New Zealand, Papua New Geanui, Fiji, Indonesia, Malaysia, Philippines, Thailand, Cambodia, Vietnam, Singapore, China, Hong Kong, Brunei, Taiwan, Japan, South Korea, and North Korea.
For more details on CIBL Australia, please feel free to contact us @ -

• Email-1: contact.australia@cibl-bd.com
• Email-2: mohammad.bhuiyan@cibl-bd.com
• Phone: (+61) (0) 433 195 575

CIBL is aiming to extend its operation in Europe.

(February 05, 2009)
CIBL has completed several projects with clients in Europe including -

• “Pyrameed” (Geneva - Switzerland),
• “Opere Della Fede” (Milan - Italy) and
• more recently “Purple Orange” (London - UK).

CIBL is aiming to extend its presence in Europe which includes establishing a hub in Switzerland. CIBL services in Europe have ranged from custom module development, end-to-end software solutions to IT consulting services.
For more details on CIBL Europe please feel free to contact us @ -

• Email: contact.europe@cibl-bd.com
• Phone: (+44) (0) 75 2654 6435

CIBL deployed beta 1 of CRISL Splint at CRISL Intranet, UAT in progress.

(January 20, 2009)

On January 18, 2009, CIBL’s Splint Team successfully deployed the beta 1 release of the application CRISL Splint – developed for Credit Rating Information and Services Ltd (CRISL). CRISL Splint is an exclusive web application that automates CRISL’s extensive package of advanced financial analysis on corporate credit rating process in an industrial sector basis. This application is a highly secured one with a pre-defined RBAC implemented.

The project team was mentored by Muhammad Mahbub Hussain, with a technical team of four (4) developers led by Ariful Ambia (Noman). The three (3) member team of Business Analysts for this project was led by Mr. Lutful Kabir, the Assistant Vice President of CRISL. The major technology/methodology used during the development of CRISL Splint are as follows:

• ASP.Net
• SQL Server 2005
• SQL Server Reporting Services
• SQL Server Integration Services (SSIS)
• ERWIN Data Modeler
• Mercury TestDirector
• Mercury LoadRunner
• Rational Functional Tester
• CIMeN (CIBL Implementation Methodology Navigator)

The first official release of CRISL Splint is scheduled on 12th February, 2009.

CIBL has delivered its first ever custom application project – CRISLWiz v1.0

(November 30, 2008)

On November 23, 2008, CIBL successfully handed over CRISLWiz v1.0 - the first ever custom application development project for Credit Rating Information and Services Limited (CRISL) - the first ever joint venture credit rating agency operating in Bangladesh since 1995. CRISL is a joint venture of Malaysia Berhad (RAM), JCR-VIS Credit Rating Company of Pakistan, few financial institutions and a host of celebrated professionals of Bangladesh.

CRISLWiz is an exclusive web application deployed in CRISL Intranet for internal use of CRISL officers and management. This application basically is the heart of CRISL’s information management and reporting services. This application interacts to all CRISL databases to incorporate necessary information required for proper accomplishment of day to day operation of CRISL’s executives and management. The concept of CRISLWiz was initiated in April, 2008 by CRISL CEO Muzaffar Ahmed. Later on, CIBL and CRISL signed a contract for the development of this application in June 01, 2008. It took almost over five (5) months for the CIBL custom application development team to complete the development and three cycles of testing.

The project team was mentored by Muhammad Mahbub Hussain, with a technical team of five (5) developers led by Ariful Ambia (Noman). The CRISL team assigned for this project was led by the Strategic Manager of CRISL, Nusrat Amina Ahmed. The major technology/methodology strokes for building CRISLWiz were around the following platforms:

• ASP.Net
• SQL Server 2005
• SQL Server Reporting Services
• SQL Server Integration Services (SSIS)
• Crystal Report XI
• TextMaster 3
• ERWIN Data Modeler
• Mercury TestDirector
• Mercury LoadRunner
• Rational Functional Tester
• CIMeN (CIBL Implementation Methodology Navigator)

CIBL ED – Muhammad Mahbub Hussain handed over all project deliverables as stated in contract to the CRISL Strategic Manager at the project handover meeting. Later on, CRISL CEO Muzaffar Ahmed joined the meeting and observed the high level demonstration of CRISLWiz and highly appreciated both the CRISL and CIBL team’s dedication and since effort in producing this comprehensive tool which according to him will become the heart of CRISL’s efficient operation in no time at all. The following are a few snapshots of CRISLWiz v1.0.

CIBL earned 4.5 in a scale of 5.0 in CIBL’s client satisfaction survey for CRISLWiz v1.0

(December 12, 2008)

CIBL conducts independent client satisfaction survey throughout the lifecycle of a project, especially at the completion of every project measuring many factors including CIBL’s:

• Ability to meet the business needs and objectives of the client
• Delivery
• Quality of services
• Value
• Skills
• Support services
• Processes
• Professionalism and
• Knowledge of clients industry

On December 05, 2008, CIBL received the enterprise feedback on CRISLWiz from CRISL, according to which – CIBL earned an average 4.5 rating in a scale of 5.0 in their client satisfaction survey participated by the CRISL team.

While handing over the survey results, CRISL Strategic Manager Nusrat Amina Ahmed said – “CRISLWiz very closely met almost every requirement that we wanted to incorporate in it, we are very happy to have it finished, delivered and deployed. We are expecting this to be the core platform of our day to day business and information management. CRISL congratulates CIBL team for being so professionally committed and skillful. We expect to have a long lasting corporate relationship with CIBL in days to come.”