RBA issues tender for core banking solution

The RBA has issued a tender for the provision of core banking services for “critical” Australian Government transaction processing.

In the tender documents, the RBA said the successful supplier must have a “substantial and proven track record in the supply, integration, implementation and support of Core Banking solutions”.

The chosen solution must be able to integrate with the Reserve Bank's existing IT systems.

The RBA said it must be hosted on the bank's infrastructure, using either Microsoft SQL Server or Oracle's relational database server, and Microsoft Active Directory.

The solution must also interact with the RBA's PeopleSoft general ledger.