future of it in banking
TRANSCRIPT
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1 December 2011
Present & Future of IT in Banking Industry Presented by
Anit Kr. Roy
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Introduction 1
Technology in Banking Industry 2
Road Map:-
Significance of Computerization 3
Future Technology 4
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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.
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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)
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Significance of Computerization in Banks.
v Any time Banking v On the go Banking
v Corporate Banking
v Security
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Future Technologies • Cloud Computing
• Locker securities system
• Cheque & cash machine
• Data Mining & warehousing.
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Cloud Computing
ü Cost Reduction For Banking Sector
ü Time saving for Customers
ü Easier & Faster Validation Of New Accounts
ü Centralized Control
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Locker Security System
Ø Time & Cost Saving
Ø Less dependence
Ø More Secured
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LOGO
Cheque & Cash machine
9
v Easy Cheque Dispensing & Collection
v Better Data-Base Management
v Easy Cash collection & Transferability
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LOGO
Data Mining
10
v Analyse financial data to identify business potential
v Identify customer to focus on.
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