Design policy Approach Due to the affinity for users, this function should be designed to be realized and utilized as an expansion of current RTGS.  Not only the liquidity for funds settlement but also for TBond/Bill by speeding up collateralization (pledge/release) process should be considered. Introduction of ACH  To promote the use of CBM-NET including retail payment, this function will be implemented with consideration of the operation suitability in Myanmar (ex. to simplify the operation work for FIs, etc.). Introduction of Cheque Truncation  Considering the consistency of operation, this function should be implemented as a subsystem of CBM-NET (similar to MCH, etc.) and connect to CBM-NET by handover the netting result.  To accomplish the rapid deployment and transition (from current method), this function should be provided with necessary equipment. SOAP/XML protocol for STP  The protocol will be used for STP between CBM-NET and CBS should be focused on its response rapidity and flexibility.  Regarding to the designing of messages, not only adopting ISO20022 as above but also flexibility and ease of deployment for FI should be considered. Development of DR Site in Nay Pyi Taw  The DR site should be applied the configuration to minimize RPO and RTO to be a model for DR site development of FIs.  In addition, redundancy of total infrastructure which avoids SPOF should be considered. Minimization of O&M cost, encouragement of in-house operation  Considers minimizing the operation and maintenance costs of the system installed in Phase 2 to decrease the burden on CBM after handover.  Allows CBM to maintain the application and infrastructure as much as possible by the AHRD.  Latest infrastructure architecture Minimization of O&M cost Source: Preparatory Survey Team 3.2.3 Outline Design Drawing (Scope of works) Based on the Preparatory Survey, the scope of Phase 2 development was discussed between stakeholders and concluded as shown below. 3.2.3.1 Application Components Application Components are the functions that will be added to the current CBM- 21