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Use of Information Technology within a typical bank

Assess the organization's IT infrastructure. Describe any hardware, software, databases, and networks the team members observe to be used.

Recommend improvements to existing systems (i.e., your "wish lists").

Discuss how the changing business environment has affected the decisions team members' organizations have made in their use of information technology.

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Solution Summary

Assess the organization's IT infrastructure. Describe any hardware, software, databases, and networks the team members observe to be used.

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Assess the organization's IT infrastructure. Describe any hardware, software, databases, and networks the team members observe to be used.

A typical bank's IT infrastructure consists of integrated banking applications and platform to enable the bank to integrate its various functions, web enabled services such as internet banking and mobile banking services, ATM's, Customer Relationship Management Software, Loan Origination Systems, Risk Management Tools, Security Softwares, Storage infrastructure, Point of Sale (POS) systems, etc.

Let's summarize the IT infrastructure:

Banking Application Software: Core banking applications (retail, corporate), delivery channels (ATM, mobile, telephone,internet, call centre), peripheral applications (credit and market risk, anti-moneylaundering, treasury, regulatory reporting, cash management, trade finance, financialmanagement, data warehouse, customer relationship management, documentmanagement), and transaction switching.

Systems Software: Operating systems, database servers, application servers, web servers, mail servers,network management, and security.

Hardware and Networking Desktop management, server and storage hardware, disaster recovery site - fall backservers, data ...

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  • MBA, Rochester Institute of Technology
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