Client

Success Story – Bank Nizwa TB and Trade Project

Future Proof Solution

Comprehensive RFP – 2100++ Requirements across Functional and Technical

18 Vendors Evaluated

All RFP Requirements signed-off by all relevant stakeholders

Evaluation Model appreciated by Gartner and ITSC

Business Process Improvements – SOP reviews and Gaps

Compliance Requirements (Additional)

Reduced Implementation Risk

Each Requirement mapped with the Evaluation Model

Proposal Defense Workshops – Active selection of POC vendors

Functional deep dive with 3 Vendors – Product capabilities, roadmap, vendor commitments

Stakeholder Mapping –All relevant departments involved/interacted from initial stages

Avoiding post contract Commercial Implications – Unearthing Vendor Proposal Gaps

Working Together

Encouraging Bank Stakeholder’s active participation in Evaluation Process

Evaluation Phase Project Management by TXN team

Delays mitigated with planning, adapting & Quick responses

  • 1 Week delay due to Information Sharing Protocols
  • 2 Weeks in releasing the RFP owing to Stakeholder discussions and Approval
  • 1 Week extension given to Vendors on request from all vendors
  • 10 Days Delay in opening the RFP by Tender Committee – Corona Impact
  • Eid Al-Adha Holidays
  • Cost Optimizations / Negotiations
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Lorem ipsum dolor sit amet, consectetur adipisicing elit. Optio, neque qui velit. Magni dolorum quidem ipsam eligendi, totam, facilis laudantium cum accusamus ullam voluptatibus commodi numquam, error, est. Ea, consequatur.
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