RTGS - PTCL Walk in Session - (17-18 October, 2006)
walk in session for banks/DFIs was arranged on 17-18 October,
2006 at LRC, SBP, Karachi wherein PTCL Team briefed the
participant banks regarding PTCL connectivity and distributed
registration forms for the said connectivity.
Presentation to CEOs and PRISM Coordinators (18th May, 2006)
presentation ceremony was arranged for the chief Executive
of Banks and RTGS Coordinator, at SBP Learning Resource
Centre on 18th May, 2006. Mr. Saeed Siddiqui (Project Manager
RTGS) made a comprehensive presentation about PRISM, followed
by address by Governor Dr. Shamshad Akhtar.
Dr Shamshad Akhtar, and Mr. Saeed Siddiqui, Project
Manager RTGS Project Management Office Speaking at
a presentation ceremony arranged for the chief Executive
of Banks and RTGS Coordinators at SBP, Karachi on
18th May, 2006
Training – (23rd Jan, 2006)
conducted a training course on RTGS from 23rd to 24th January,
2006 which was attended by more than 60 participants from
various institutions of the banking community. The course
mainly focused on the messaging schemes (based on SWIFT
format) used to carry out different transactions in a payment
Information Briefing Session - (15 Dec, 2005)
participant information briefing session was held at the
Learning Resource Center (LRC) to update the banks and provide
them with the road map for the implementation
Telecom Infrastructure meeting with PTCL President and Top
Executives – (29 Sep, 2005)
meeting was held between the RTGS Project team and the PTCL
President, Mr. Junaid I. Khan and top executives on Thursday,
September 29, 2005 at 5th floor, PTCL Headquarters, Islamabad
to dynamically steer up the telecom infrastructure requirements
for the successful implementation of RTGS project. In the
meeting, several business and technical issues were thoroughly
discussed and the PTCL President assured that they will
provide the best possible services and support along with
the dedicated project team and SLA. The meeting turned out
very healthy and progressive.
of Clearing Solution by NIFT Shared with Banks – (19
follow up presentation on clearing solution proposed by
NIFT was held at State Bank of Pakistan where all commercial
banks were called.
Meeting to Share Clearing Solutions by NIFT – (12
presentation was held by NIFT at State Bank of Pakistan
to present the proposal clearing solution for the RTGS for
NBP, MCB, HBL, UBL and ABL
Telecommunication Arrangements - (26 Aug, 2005)
meeting was held with higher officials of PTCL & CMA
to review the connectivity arrangements for the Banks.
Results – (21 Jul 2005)
team conducted a series of meeting with NIFT along with
the SBP DAD key personnel to incorporate clearing results
into the RTGS system in a real time scenario. The clearing
results will be cater as multilateral basis. This plan is
expected to be finalized soon and then SBP will call banks
to understand the upcoming clearing results.
Connectivity to the RTGS System – (Jul 2005)
RTGS team is conducting series of meeting with all different
vendors e.g. PTCL, NTC for the best possible connectivity
solutions between schedule banks and State Bank of Pakistan.
The decision is expected to be finalized and the plan will
be shared with all schedule banks for timely connectivity
with the RTGS System
Presentation to Banks Community at the SWIFT User Group
(23 May, 2005)
Presentation was given to Banks Community at HBL on the
occasion of SWIFT User Group Meeting.
with ATM switches – (17 May, 2005)
team has been meeting with the 1-Link and M-Net concerning
the RTGS implementation.
System coined as "PRISM" – (17 May, 2005)
has assigned PRISM (Pakistani Realtime Interbank Settlement
Mechanism) as the name of RTGS system in Pakistan.
Training on RTGS Demo System in Full Swing – (31 Mar,
Bank of Pakistan is arranging presentations of the RTGS
demo system for the participant banks, as preliminary training.
of now, State Bank of Pakistan has presented this demo to
23 participant banks so far.
Meet – (10 Mar, 2005)
team met with SWIFT officials and discussed the availability
of the network for RTGS implementation based on prior discussions.
Mr. Jamil Iqbal SWIFT chairperson for Pakistan from Habib
Bank Limited was also present during the occasion from March
State Bank of Pakistan installs CMA’s demo RTGS system
for training purposes – (28 Feb, 2005)
further with the ongoing implementation of RTGS system in
the country, State Bank of Pakistan has installed a demo
system of RTS/X from CMA Small Systems AB of Sweden for
internal training of State Bank of Pakistan professionals.
The demo version is out of the box solution and not a customized
version of the RTGS which is under implementation by CMA.
After customization a test and training system will also
multi stage training for the commercial banks is also scheduled
in the near future to be carried out by CMA and SBP.
Team conducts training of the SBP Staff - (28 Feb, 2005)
experts imparted initial training and overview to SBP staff
on various aspects of the RTGS system from the 21st to 24th
Bank of Pakistan solicits Coordinators from all the Banks
– (28 Feb, 2005)
Bank of Pakistan over the past year have solicited a three
member team of coordinators from all the Banks. The coordinators
were called for a meeting at the SBP in December for an
initial warm up briefings with the coordinators. Mr. Taha
Rafi the local project manager from CMA was also present
in the meetings. Mr. Mairaj Hussainy is the coordinator
for the Banks from the State Bank. Mr. Hussainy is conduting
detailed reviews of the Banks. SBP is also holding one to
one meetings with the coordinators of the banks.