Sidbi is planning to undertake a business process re-engineering for its IT services and it wishes to appoint a consultant for the purpose and for overseeing project management for its IT initiatives. The bank had engaged PriceWaterHouseCooper (PwC) to formulate an IT strategy and roadmap and the consultancy has suggested among other things BPR across the bank before taking up for implementation other recommended initiatives. The BPR exercise would also include process documentation, followed by creation of the Functional Requirement Specifications (FRS) for selection of the solutions. The bank had also engaged KPMG as consultant for redesigning IT security architecture and the firm has made recommendations. The scope of the consultant would include selection and implementation of new IT initiatives to be undertaken by the bank over the next 3 years.
