future of it in banking
TRANSCRIPT
1 December 2011
Present & Future of IT in Banking Industry Presented by
Anit Kr. Roy
Introduction 1
Technology in Banking Industry 2
Road Map:-
Significance of Computerization 3
Future Technology 4
Introduction Ø Banking industry has been growing through a process of transformation since 1991. Ø IT emerging as the integrator, assisting banks in the management of process of transformation(Conventional Banking to Convenience Banking). Ø Sophisticated computers gave banks the potential they could only dream of and have given customers a high expectations.
Ø Narrowing the gap between public sector & private sector banks in terms of service.
Ø Banks gain vital competitive advantage with the implementation of IT.
Technology in Banking Industry
I. Core banking
II. ATM
III. Internet Banking
IV. Point of sale terminal
V. Mobile Banking
VI. Electronic Clearing Service( Debit & credit clearing)
Significance of Computerization in Banks.
v Any time Banking v On the go Banking
v Corporate Banking
v Security
Future Technologies • Cloud Computing
• Locker securities system
• Cheque & cash machine
• Data Mining & warehousing.
Cloud Computing
ü Cost Reduction For Banking Sector
ü Time saving for Customers
ü Easier & Faster Validation Of New Accounts
ü Centralized Control
Locker Security System
Ø Time & Cost Saving
Ø Less dependence
Ø More Secured
LOGO
Cheque & Cash machine
9
v Easy Cheque Dispensing & Collection
v Better Data-Base Management
v Easy Cash collection & Transferability
LOGO
Data Mining
10
v Analyse financial data to identify business potential
v Identify customer to focus on.