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Union Bank implementing new treasury system

Union Bank of India is proposing to implement an integrated treasury management system. The bank has sought proposals form service providers to undertake the implementation. The Bank has implemented Finacle CBS across all the domestic and overseas branches and at present, it has Kastle software for treasury operations and it is catering to domestic, forex and derivatives operations of the treasury. In overseas branches, it is Finacle treasury solution that is working at present. In addition, the bank is also implementing Oracle GL, Enterprise Data Warehouse (Teradata Database) and Integrated Risk Management (Operations and Control) from SAS and it wants the proposed solution to be integrated with these systems also. The Bank is looking for a complete end to end treasury management solution. The selected service provider will be required to supply, install, implement, customize, integrate and test the system besides undertaking migration, training, onsite support and maintenance of all the software, RDBMS and other utilities at the primary site – treasury branches (Mumbai and Ernakulam) and the DR site at Bangalore/Ernakulam. The solution should support web-based / web- enabled 3-tier architecture.

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