In order to transform itself and the banking system of Iran, the Central Bank of the Islamic Republic of Iran (CBI) has developed CBI Roadmap and is currently implementing it. In the majority of cases, consulting services are essential for the implementation of the Roadmap. Since the consulting services required by the Central Bank were mostly unavailable using the domestic sources, the establishment of a consulting company by National Informatics Corp. (an affiliate to CBI) was considered and put on the agenda. Therefore, Rahnamaa Management and Technology Consulting Company was founded by NIC in order to provide the much needed consulting services. Rahnamaa services are centered around banking, financial, investment, technology and general management. The company started its informal activity in September 2016 and it was formally established and registered in early December 2016.