Automation in Africa
Complete rollout of first fully-automated vault and Compass VMS® in Rwanda.
Two years ago, in September 2016, the National Bank of Rwanda (Banque Nationale du Rwanda, BNR) launched a request for proposal for the design, supply, and installation of a complete automatic vault management system. The goal was to improve their current cash center using state-of-the-art technology to manage the actual space restraints, improve current processes, and increase security throughout the cash center. G+D Currency Technology developed and submitted a comprehensive proposal with extensive documentation, and was then asked to participate in the tender for the "Design, Supply, and Installation of an Automated Vault System“ for the BNR – and won. The contract was signed in June 2017. "Our long-standing relationship with the BNR has allowed us to position a state-of-the-art cash center project in the Middle East and Africa region. This strategic win constitutes an important milestone for us in MEA,“ says Julian Siewert, Head of Sales and Marketing MEA. "Establishing the first fully automated vault and the first complete rollout of Compass VMS® in Africa will mark another breakthrough reference for Value Added Services and Solutions.“ The BNR already uses BPS® M7 including packaging solutions and BDS® (Banknote Destruction System), everything is regularly maintained by the service team of G+D Currency Technology in Dubai.
We supplied the latest technology, being able to optimize the cash flow, increase security, and provide the shortest time period for customer return on investment.«
Four ares of focus for one solution
The team focused on four areas as they developed the solution: the optimization of the existing vaults by maximizing the capacities and minimizing the building modifications. Plus: an increase in security of cash in vault and a re-design of the cash logistics inside the central bank, as well as an optimization of the cash logistics between headquarters and five branches. "Therefore we supplied the latest technology, being able to optimize the cash flow, increase security, and provide the shortest time period for customer return on investment,“ says Claudio Sgarlata, Head of Value Added Services and Solutions MEA.
G+D Currency Technology in Dubai offered two specifically designed solutions, one semi-automated and one fully-automated. Both solutions were based on the G+D Software systems Compass VMS® and Compass Logistic. In collaboration with selected partners – the technology was developed and customized to match customer specifications – the team presented a holistic solution that doubled the capacity for the storage of banknotes. Ultimately, BNR will be able to store 160 million banknotes on a footprint of 350 sqm.