This compact and concise study provides a clear insight into the concepts of Core Banking Solution (CBS)—a set of software components that offer today’s banking market a robust operational customer database and customer administration. It attempts to make core banking solution familiar to the professionals and regulatory authorities, who are responsible for the control and security of banks and shows that by using CBS, banking services can be made more customer friendly. This well-organized text, divided into two parts and five sections, begins (Part I) with the need for core banking solution technology in banking system, its implementation and practice. It then goes on to a detailed discussion on various technology implications of ATM, Internet banking, cash management system, and so on. Part I concludes with Business Continuity Planning (BCP) and Disaster Recovery Planning (DCP). Part II focuses on components of audit approach of a bank where the core banking solution has been in operation. Besides, usage of audit tools and study of audit logs have been discussed. KEY FEATURES : Suggested checklists for performing audits are included. An exclusive chapter is devoted to Case Studies based on fraudulent activities in banks due to lack of security and controls. Useful Web references have been provided. Contains relevant standards of international body ISACA, USA. This book would be useful for the Chartered Accountants who are Auditors of various banks. It would help the External System Auditors and the Auditors who perform concurrent system audit of banks and also for the Officers of the Department of Banking Supervision of the Reserve Bank of India and others who have the responsibilities of regulating the security and controls in the banks. In addition, it would be extremely useful to the bankers who have Information Technology as one of the subjects for the CAIIB examination. This book is a trailblazer in the Indian Banking scene. It makes tremendous and vital contribution to the aspect of Computer Assurance and Risk Management in Banking. — N. VITTAL, I.A.S. (Retd.), Former Central Vigilance Commissioner

Competitive advantage in banking comes from effective use of technology The Handbook of Banking Technology provides a blueprint for the future of banking, with deep insight into the technologies at the heart of the industry. The rapid evolution of IT brings continual change and demand for investment — yet keeping pace with these changes has become an essential part of doing business. This book describes how banks can harness the power of current and upcoming technology to add business value and gain a competitive advantage; you'll learn how banks are using technology to drive business today, and which emerging trends are likely to drive the evolution of banking over the next decade. Regulation is playing an ever increasing role in banking and the impact of regulatory change on technology and the management of it are discussed — while mandatory changes put pressure on many of our high street banking brands, their ability to adapt and utilise technology will have a fundamental impact on their success in the rapidly changing marketplace. Technology costs can amount to 15 per cent or more of operational costs and bank leaders need to be able to make informed decisions about technology investments in light of the potential benefits. This book explores the depth and breadth of banking technology to help decision makers stay up to date and drive better business. Assess your current technology against the new banking paradigms Procure the systems needed to protect the bottom line Implement newer technology more efficiently and effectively Ensure compliance and drive value with appropriate technology management Technological change is driven by mass adoption of new channels, innovation from new entrants, and by banks themselves as a means of increasing revenue and reducing costs. The Handbook of Banking Technology offers a comprehensive look at the role of technology in banking, and the impact it will have in the coming years.

Multiple Choice Questions (MCQ) Book for CA INTER EIS-SM Exams by CA. Saket Ghiria Sir. Containing over 2300 Plus MCQs. Book includes Chapter-wise and Mix MCQS of both Enterprise Information Systems (EIS) and Strategic Management (SM) which is going to help students a lot in building a command over the MCQs.

This IBM® Redguide® publication explores the business challenges that CIOs in the banking industry face today. It focuses on three core concerns: Ways to reduce the business risk that is involved with operating IT systems and improving infrastructure resilience, enabling business growth by quickly meeting increasing demands from customers, and meeting rapidly changing regulatory compliance requirements. This guide explains how the technology of the IBM zEnterprise® System running SAP for Banking solution solves these major challenges in a cost-effective manner. It provides insight for banking CIOs, executives, managers, and other decision-makers, including IT architects, consultants, and systems professionals.

The Temenos T24 core banking application is a critical application for the banks that use it and has a primary focus on providing an appropriate level of high availability and disaster recovery. The level of availability is determined largely by the configuration of the infrastructure that supports T24. This infrastructure is built on hardware, middleware, and networking, in addition to the operational procedures and practices that are used to operate T24. Many options are available for meeting a client's high availability and disaster recovery requirements. The solution chosen by a Temenos T24 user depends on many factors. These factors include a user's detailed availability and recovery requirements; their existing datacenter standards, practices, and processes; and the available network infrastructure. Therefore, the optimum solution must be determined on a case-by-case basis for each deployment. This IBM® RedpaperTM publication serves as a guide to help IT architects and other technical staff who are designing, configuring, and building the infrastructure to support Temenos T24. It shows how IBM software can deliver high availability and disaster recovery for Temenos T24 to meet a client's requirements. This software might run on IBM AIX®, IBM WebSphere® Application Server, WebSphere MQ Server, and IBM DB2®. These IBM software components are typically used for a Temenos T24 deployment on an IBM middleware stack to ensure a highly available infrastructure for T24.