Information Technology Consultants Llc (ITC) is a boutique consulting firm specializing in information technology solutions for the financial industry.

We provide information technology solutions and advisory services essential to sound business strategies. Since 1991, we have been assisting our clients in more than 80 countries around the world.

Our clients include international development institutions, multinational public and private organizations, and government agencies worldwide.

Our specialized applications in the areas of financial supervision, domestic debt management and consolidated reporting are unique in their spaces.

Business Strategy

We assist our clients in aligning their information technology strategy to their corporate business goals and ensure that the appropriate human, financial and technical resources are assigned to IT projects and initiatives that are fundamental to the achievement of those goals.

We assist our clients with objective and independent assessments of their IT operations and projects, technical platforms, hardware and sofwtare infrastructure and applications and human and technical resource requirements.

We tailor the development of comprehensive ITSPs (Information Technology Strategic Plans) to the specific needs of our customers. Strategic IT planning involves a number of key steps:

Review of the organization's strategic vision, mission, goals and objectives.
Alignment of the IT goals and objectives with those of the organization.
Identification of key business processes, workflows and information flows.
Identification of and coordination with key stakeholders.
Assessment of the project portfolio, the current and future IT projects and initiatives, their dependency on each other and their relationship to the organizational IT goals.
Development of the current and target enterprise architectures - overall description and direction in terms of applications, data and technology architectures. The data architecture describes the structure of the logical and physical data assets and data management resources. The applications architecture describes the applications, their interactions and relationships to the key business processes. The technology architecture describes software and hardware capabilities such as technical platforms and operating systems; authentication and authorization/security environments; hardware and telecommunication infrastructure, programming languages and standards.
Development of a transition and migration plan from current to target architecture.

Advisory Services

We specialize in the formulation and development of enterprise-wide information technology strategies and assist our clients worldwide in the implementation of those strategies.
We assist our clients with objective and independent assessments of their IT operations and projects, technical platforms, hardware and software infrastructure and applications and human and technical resource requirements.
We provide independent project management assistance to keep IT project deliverables on time and within budget.
Our consultants are thoroughly familiar with state-of-the-art methodologies encompassing the systems life cycle, from business process reengineering to information requirements definition, to design, prototyping, and development of custom applications, to independent evaluation and selection of off-the-shelf software.

Project Management

We tailor our project management approach to the specific needs of our customers by adapting international best practices as defined in the PMBOK (Project Management Body of Knowledge) and embodied in the following key process groups:

Initiation: Definition of the basic scope, duration, deliverables and resources for the project; Identification of the relationship of the project to the organization’s strategic initiatives. Assignment of he project manager; Development and approval of the project charter through the involvement of key stakeholders.
Planning and Design: Identification and definition of the project scope, cost and schedule. Key outputs of the planning process include the project management plan, the WBS (work breakdown structure), tasks and milestones, sequencing and scheduling, cost estimating & budgeting, risk mitigation approaches, human and technical resource requirements, quality control plan and communications strategies.

Execution: The steps necessary to perform the work laid out in the project plan to meet the project’s objectives. Significant changes during the life of the project will trigger the need to revisit planning process items.

Monitoring and controlling: The steps and processes needed to monitor project execution, to identify potential problems and take corrective action to keep the project on track.

Closing: the activities needed to formally conclude the project and hand off the completed product to the end users.

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PAST PROJECTS

Maldives, Namibia, Vanuatu, Ethiopia, Malawi, Zambia, Moldova, Kyrgyz, Bhutan, Bulgaria, Cambodia, Ghana, Haiti, Zimbabwe, Fiji, Mauritius, Macedonia, Albania, Lesotho. Customizable Book-Entry System. Design and development of a book-entry and and central securities depository system to register and maintain ownership information on publicly traded treasury bills and government bonds.

Malta, Kenya, Mongolia, Vanuatu, Solomons Islands, Micronesia. Customizable financial supervision system. Design and development of a bank supervision database that allows the banking supervision authorities to capture and analyze financial information and statistics on a country's banking sector. The system provides for electronic transfer of financial returns from the commercial bank to the supervision authority.

Gabon, Yemen, Chad, Mongolia - Treasury Financial Management System. Strategy for the establishment of an integrated Financial Management Information System based on modern but simple to use technology appropriate to the public sector environment. Definition of functional requirements and hardware, software, services and training specifications. General specifications and software, equipment and training requirements for World Bank loan preparation.

Off-site Banking Supervision System development oversight. Quality control, design oversight and testing on behalf of USAID in the development of FinA International, a fully customizable, platform-independent off-site banking supervision system implemented in Armenia and Georgia, soon to be deployed in Kyrgyzstan

Egypt - Evaluation of the Capital Markets Development Project. Project evaluation on behalf of USAID of the IT components of this multi-year project to assist the key Egyptian institutions involved in the development of capital markets: Central Bank, commercial banks, stock exchanges, clearing and settlement organizations, capital markets supervisory authorities and broker associations.

Bulgaria - National Social Security Institute. Definition hardware, software, services and telecommunications specifications for the social security payment system. Preparation of World Bank international competitive bidding documents.

Brazil - Secretaria de Estado da Educação, Paraná. - (PQE). Review of the procurement plans and technical specifications for hardware and software for school administration systems for 1300+ state schools (World Bank). Technical assistance to the Project Management Unit in the management of the IT component, including review of software development and implementation activities.

Brazil - Secretaria de Estado da Educação, Minas Gerais. Review of the procurement plans and technical specifications for hardware and software for school administration systems for 400+ state schools (World Bank).

Poland - Ministry of Justice. Technical assistance in World Bank pre- appraisal and appraisal missions for the preparation of an $80 million project to create national registries for legal entities, real estate property, and business property.

Perú - Banco Central de Reserva. Review of the BCRP information systems strategy and technology procurement plans in behalf of the IMF.

Ethiopia - National Bank. Assessment, in behalf of the IMF, of the information technology capabilities of the NBE necessary to support the Ethiopian Government economic reforms initiatives.
Bolivia - Ministerio de Capitalización. Assessment of the technology requirements for the implementation of the Registro Unico Nacional (RUN). A national ID number to identify all Bolivians eligible to receive shares of newly privatized state owned enterprises. (World Bank)

Macedonia - National Bank. Assessment of the Information Technology infrastructure of the Bank on behalf of the IMF. Study included development of recommendations for the modernization of the Bank’s computing resources in order to support new monetary policy implementation.

Panama - Judicial Sector modernization. Review of the automation requirements of the entire sector including the Supreme Court, District and Circuit Courts, the General Attorney’s office, the Prosecutor’s office, the Public defender’s office. The Assessment included recommendations on automation of a unified case tracking system and implementation of a country- wide electronic legal reference and research system

Malawi - Reserve Bank of Malawi. Participation in various International Monetary Fund technical assistance missions to modernize the Bank’s information technology required to support the implementation of the country's monetary policies.

Ecuador - Superintendencia de Compañías. Review of existing systems strategy of the Superintendencia and development of recommendations to support the new securities market monitoring and control responsibilities of the Superintendencia.

Russia - Federal Employment Service. Technical assistance in the procurement of hardware and software to automate more than 2000 employment offices throughout Russia under a World Bank financed International Competitive Bidding (ICB) procurement.

Nicaragua – - Banco Central de Nicaragua. Assessment of the information technology needs of the Central Bank which resulted in the specification of the accounting package and Financial Information System to be developed or procured, the definition of hardware and networking requirements, and management training needs.

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