Bill Payment Settlement Replacement (BPS) project
The Bill Payment Settlement Replacement project aims to migrate billers and the settlement process from the Bank’s legacy payment switch to the Core Banking system.
The scope includes the migration of ~140 billers into the Core Banking system and enhancing the Core Banking system to generate new payee files, settlement reports and user reports. The impacted billers are activated for integration to the Core Banking system’s settlement process over 3 releases within 8 months.
Aristal PMO has been engaged by a large Malaysian Banking Group to project manage the above implementation and the project has been successfully implemented.
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