Department Details

ICT Department

The ICT (Information and Communication Technology) department of an organization plays a pivotal role in managing and leveraging technology to support the overall operations and strategic goals of the company. This multifaceted dynamic department encompasses a wide array of core tasks aimed at ensuring seamless operations and fostering innovation. The ICT department facilitates efficient information flow, empowers employees with the necessary tools, and contributes to the organization's overall growth and success in the digital age.

The central function of CMSF's ICT department is software development. This entails designing, coding, testing, and implementing software applications that cater to the specific needs of the organization. The ICT department is truly a multifaceted department with complete infrastructure planning, implementation, maintenance, and all sorts of IT operations along with developing in-house software by its own software engineers and maintaining its Official Website. Currently, the CMSF ICT department consists of only software engineers who are specialized in developing software.

The department is currently working on the development of in-house software named INSAF.

The CORE responsibilities of the CMSF ICT department (Software Development):

• Requirement Analysis for the software development
• Determining operational feasibility by evaluating analysis, problem definition, requirements, solution development, and proposed solutions.
• Meeting the Stakeholders regarding the development (Issuer Company, DSE, CSE,
• CDBL, CCBL, and other partner organizations, etc).
• Planning of the Software Modules and Services.
• Planning and execution of User Interfaces (UI) / User Experiences (UX).
• Developing software applications by following SDLC.
• Collaborating with cross-functional teams regarding software development that meet the needs of end-users.
• Leading projects from inception to completion, ensuring timely delivery, resource allocation, and effective communication.
• Improving software system quality by identifying challenges
• Maintaining codebases with standard version control.
• Conducting testing and debugging to ensure the quality of the software product.
• Developing Guidelines for Modules of the software after development.

The software development team collaborates closely with other departments of CMSF to understand their requirements and create customized solutions that enhance efficiency, data management, and decision-making. Through continuous innovation and adaptation to emerging technologies, the ICT department ensures that the organization remains at the forefront of digital advancement, thereby contributing significantly to its overall success in the modern business landscape.

The primary responsibilities of the ICT department (Infrastructure):

• Efficient management of the organization's network infrastructure to ensure reliable connectivity
• Ensuring stable and secure communication systems
• Managing and updating hardware components (servers, computers, peripherals) to ensure optimal performance
• Providing assistance and troubleshooting for hardware, software, and network-related issues to ensure smooth day-to-day operations
• Strategically planning for the organization's technology needs, including upgrades, expansions, and the adoption of emerging technologies
• Collaborating with external technology vendors, and managing relationships to acquire necessary services and equipment.
• Implementing policies to manage devices used by employees, ensuring data protection and device functionality
• Staying updated on technological trends, evaluating new tools, and implementing technologies that enhance the organization's efficiency and competitiveness.

Capital Market Stabilization Fund (CMSF) moved to its newly prepared management office at the end of October 2022. The ICT department of CMSF established the network at the new office. Installation and configuration of LAN, access points, switches, and security cameras have been done successfully.