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This document is a Request for Proposal (RFP) inviting vendors to provide a biometric login solution for Canara Bank and Syndicate Bank's core banking application. It includes details on eligibility
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How to fill out request for proposal for

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How to fill out REQUEST FOR PROPOSAL FOR SUPPLY, INSTALLATION, INTEGRATION AND OPERATIONALISING A SUITABLE BIOMETRIC LOGIN SOLUTION ON CORE BANKING APPLICATION IN CANARA BANK AND SYNDICATE BANK

01
Identify the stakeholders for the biometric login solution.
02
Gather requirements from Canara Bank and Syndicate Bank regarding their needs for the biometric solution.
03
Draft the scope of the project, outlining the supply, installation, integration, and operationalization of the solution.
04
Research potential vendors who can provide biometric login solutions.
05
Prepare a detailed Request for Proposal (RFP) document including technical specifications, project timelines, and pricing structures.
06
Incorporate evaluation criteria for assessing proposals from vendors.
07
Review and finalize the RFP, ensuring clarity and completeness.
08
Distribute the RFP to selected vendors and explain the submission process.
09
Set a deadline for vendors to submit their proposals.
10
Organize a committee to review the incoming proposals and facilitate discussions.
11
Select the most suitable vendor based on evaluations and feedback from stakeholders.
12
Negotiate terms and finalize the contract with the chosen vendor.
13
Monitor the implementation process and ensure adherence to the project specifications.

Who needs REQUEST FOR PROPOSAL FOR SUPPLY, INSTALLATION, INTEGRATION AND OPERATIONALISING A SUITABLE BIOMETRIC LOGIN SOLUTION ON CORE BANKING APPLICATION IN CANARA BANK AND SYNDICATE BANK?

01
Canara Bank and Syndicate Bank require the Request for Proposal to find qualified vendors for a biometric login solution to enhance security in their core banking applications.
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It is a document issued by Canara Bank and Syndicate Bank to solicit proposals from qualified vendors for the supply, installation, integration, and operationalizing of a biometric login solution for their core banking applications.
Vendors and service providers with experience in biometric solutions and core banking systems are required to file the Request for Proposal.
Interested vendors need to follow the instructions provided in the RFP document, typically including detailing their qualifications, technical approach, and financial proposal, along with necessary documentation and compliance statements.
The purpose is to obtain competitive bids from qualified vendors to implement an effective biometric login solution that enhances security and user experience for the banks' core banking systems.
Information reported should include the vendor's company profile, technical specifications of the proposed solution, project timelines, implementation strategies, cost estimates, and compliance with regulatory requirements.
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