Islamic Interbank Money Market Website Project
-Solution and Approach
Presentation to Pengarah
Jabatan Operasi Pelaburan Dan Pasaran Kewangan
To brief and seek Pengarah’s endorsement
on the Islamic Interbank Money Market
Web Site solution and project approach
 Objective of the presentation
 Understanding web site development
- design principles in web site development
- inventory on BNM web sites
 Islamic Interbank Money Market Web Site Requirements
 Proposed IIMM Solution
 Proposed IIMM Project Approach
 Suggestions for web hosting
 Progress and Next Step
 Summary
Understanding web site development
Web site conceptual principles
• Determine the business audience, the relationship and
information content :
- needs, behaviour and goals
• Design considerations
• incorporation of some business elements
• simple but attractive and easy to navigate with a clear
information structure
• design to enhance information-finding – layout, links,
language, graphics and content
• maintain consistency within the web site
• web site is searchable via search engine
• usage of standard layouts – consistent with other web sites
• useful web site utilities
Islamic Interbank Money Market Web Site Requirements
Islamic Interbank Money Market Link from BNM Web Site (www.bnm.gov.my)
www.bnm.gov.my
References
Islamic Banking &
Takaful page
Islamic
Interbank
Money Market
Islamic
Banking &
Takaful
Islamic Interbank Money Market (IIMM) Web Site Project
Islamic Interbank Money Market Web Site Requirements
Islamic Interbank Money Market Information Structure: Index Page
HTML/XML
Formatted
Document
Images
MIME
INDEX PAGE
Dynamic Content
Highlights
News
Upcoming Events
Activities
Single Sign in Section
Search the Website
Feedback
FAQ
Contact Us
Privacy Statement
Terms of Services
Media Centre
Multimedia
INFORMATION
FINANCIAL
INSTRUMENTS
IMM
OPERATIONS
Islamic Interbank Money Market (IIMM) Web Site Project
STATISTICS
RESOURCES
Islamic Interbank Money Market Web Site Requirements
Islamic Interbak Money Market Information Structure : Financial Instruments
HTML/XML
MAIN PAGE
Single Sign in Section
Search the Website
Feedback
FAQ
Contact Us
Privacy Statement
Terms of Services
Media Centre
Formatted
Document
Dynamic Content
Images
MIME
Multimedia
TENDERS
Tender Results
Forthcoming
Tender
Archive
INDICATIVE
YTM
Government Securities
Private Debt Securities
Highlights
News
Upcoming Events
Activities
OUTSTANDING
Outstanding Amount
GII Outstanding Issues
BNNN Outstanding
Issues
STOCKS
Securities Turnover
Benchmark Stocks
Islamic/Syariah
Stocks
On-line data
Islamic Interbank Money Market (IIMM) Web Site Project
Batch data
RESOURCES
Information/Links
Islamic Statistical
Bulletin
Concepts/Glossary
Directory of Financial
Institutions
Training & Education
on IMM
Proposed IIMM Solution
Content management Software NeoFission
Create and capture site design
Web design
Organize and categorize business information
Process and manage – workflow management
Incorporate user
requirements:
Deploy and publish
-Layout
NeoFission Integration Services
performs data integration
-Information content
structure
EAIS – Enterprise Application Integration System
Web pages
Option 1 - Data extraction via EAIS
• EAIS push the source data to CMS
database
• on-line and batch data transfer
FAST/BIDS
Rentas
Reuters
Other
sources
Option 2 - Data extraction via CMS
• Source system performance maybe
affected as CMS will access direct to
the source database
•On-line and batch data transfer
Islamic Interbank Money Market (IIMM) Web Site Project
Proposed IIM Project Approach
Guiding Principles in the project approach
•
Leverage on the existing Content Management Software [ Neofision ] to be
in line with the management of BNM websites
•
Leverage on expertise in the relevant areas
- web design services
- content management software development services
- data integration services
•
Provide a common platform for data integration between CMS and source
information ( consideration to migrate RMBond to CMS in the near future).
•
Develop internal skills to implement and manage web sites using CMS with
minimal technical assistance from the vendors in the future.
•
Project to be completed by September 2003
Proposed IIMM Project Approach
Data Integration
Web Design
Content Management
Software – CMS
(Neofission)
Prepare IIMM
requirements for web
design guided by web
site conceptual
principles.
Explore protoype design
with 5 vendors:
Explored with Skali on CMS
facilities and development
services:
• Skali has CMS expertise using
NeoFission
• First web site to use data
integration from applications
EAIS – Enterprise Application Integration System
GreenHouse
Creative Advances
Technologies
CyberVillage
FAST/BIDS
Rentas
Pericon.com
Reuters
Other
sources
AsiaEP
Explored with Skali and BIDS/Fast Vendor on
data integration from source systems.
Two options : EAIS or direct extraction by
CMS from source applications
Islamic Interbank Money Market (IIMM) Web Site Project
Progress
In Progress
Mar 2003
1. CMS
- Understand NeoFission
software
- Explore solution with
Skali on data
integration to CMS
2. Web Design
- Understand designing
principles for web site
- Review sample
protoypes
3. Data Integration
- Explore data integration
solutions with Skali and
FAST/BIDS Vendor
April 2003
May – Sept 2003
1. Project Endorsement
- Formalise project approach
- Formalise IIMM requirements
Design, development and
implementation
IIMM Info. Content Structure
IIMM Data Integration
2. Vendor selection
Financial Information
Obtain approval to award vendor
IIMM Budget allocated: RM350,000
for
1. Technical assistance
- Web design
- CMS
from Skali:
2. Web Design :
- Data integration
3. Formalisation of hosting of
IIMM web Site
RM10,000 RM 100,000
3. Data Integration:
4. Hardware:
Max.cost
Islamic Interbank Money Market (IIMM) Web Site Project
RM120,000
RM50,000
Nil
RM270,000
Next Steps
• Confirm IIMM solution
- Confirm scope of work and costing with Skali
- Evaluate and recommend an appropriate web designer
• Endorse Project Approach
- Formalize project approach with Pengarah
• Endorse IIMM detail requirements
- Prepare IIMM information content structure
Islamic Interbank Money Market (IIMM) Web Site Project