Core banking software, O/S, DBMS and cash management - Banking Diploma Education

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Thursday, June 18, 2015

Core banking software, O/S, DBMS and cash management

Q. How computer can help investment management for a bank. Discuss about core banking software? Discuss the use of computer in cash management.  Operating system, DBMS. 

Q. How computer can help investment management for a bank.
Investment management is about managing money by investing it in a variety of asset classes including equities (or shares) and bonds. The main roles within investment management are analyst and investment manager. As you might expect, the role of an analyst is to analyze stocks, taking a view on their future outlook and circulating research internally. This could entail meeting with company management and looking at economic data and market trends.

An investment manager will then be responsible for investing clients’ money in a portfolio of stocks. Investment managers will rely heavily on the in-depth research done by analysts when deciding how to invest. At the same time, they must take overall responsibility for how the fund is constructed, looking at the bigger picture and considering issues such as asset allocation. Many investment managers carry on doing hands-on research to avoid becoming too distant from company analysis.

Q. Discuss about core banking software? Discuss the use of computer in cash management.
Core Banking is a general term used to describe the services provided by a group of networked bank branches. Bank Customers may access their funds and other simple transactions from any of the member branch offices at REAL TIME. Strategic Information Technology defines core banking software as the functionality required to run a bank or credit union. Core banking includes: @Retail Banking @ Lines of Credit & Segregated Lines of Credit @ Loans @ Mortgages @ Web banking @ Investments @ Clearing @ Term Deposits @ Accounting ... and more. In addition, there are many third party interfaces that a core banking system must accommodate. These include:  @ CANNEX @  ATM & ABM @ FundSERV @ Telpay @ Cheque Clearing @ Equifax @ Trans Union @ Point of Sale (POS) @ Loan Insurance @

Q. Operating system, DBMS.
OS: An operating system is a collection of software that manages computer hardware resources and provides common services for computer programs. The operating system is a vital component of the system software in a computer system. 
@ Process Management 
@ Resource Management 
@ File management 
@ Communication Management 
@ Security Management 
@ Memory Management

A database management system is a set of software programs that allows users to create, edit and update data in database files, and store and retrieve data from those database files. Data in a database can be added, deleted, changed, sorted or searched all using a DBMS. The Database Management System performs the following functions. 

1) Data Dictionary Management 
2) Data Storage Management 
3) Data Transformation and Presentation 
4) Security Management 
5) Multi User Access Control 
6) Backup and Recovery Management 
7) Data Integrity Management 
8) Database Access Languages and Application Interface 
9) Database Communication Interface

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