MIS Goal & How to achieve
STANDARD BANK LIMITED
MIS Department
Head Office, Dhaka
MIS department, present duties, challenges, purpose, future plan and recommendation:
Management Information System:
A management information system (MIS) is a computerized database of financial information organized and programmed in such a way that it produces regular reports on operations for every level of management in a company. It is usually also possible to obtain special reports from the system easily. The main purpose of the MIS is to give information from where top management can monitor the bank as a whole. Information displayed by the MIS typically shows "actual" data over against "planned" results and results from a year before; thus it measures progress against goals. The MIS receives data from system ie. Core banking software and functions. Some of the data are collected automatically from computer-linked software others are keyed in at periodic intervals. Routine reports are preprogrammed and run at intervals or on demand while others are obtained using built-in query languages; display functions built into the system are used by to check on status at desk-side computers connected to the MIS by networks. Many sophisticated systems also monitor and display the performance of the Bank as Management Das Board.
Relevance of Data Ware housing and Data Mining for our Bank:
Banking being an information intensive industry, building a Management Information System within a bank is a gigantic task. It depends on the wide network of bank branches spread all over the country. At present, banks generate MIS reports largely from periodic paper reports/ statements submitted by the branches and regional/zonal offices and Head Office different divisions. Except for a few banks which have been using technology in a big way, MIS reports are available with a substantial time lag. Reports so generated have also a high margin of error due to data entry being done at various levels and the
MIS Department
Head Office, Dhaka
MIS department, present duties, challenges, purpose, future plan and recommendation:
Management Information System:
A management information system (MIS) is a computerized database of financial information organized and programmed in such a way that it produces regular reports on operations for every level of management in a company. It is usually also possible to obtain special reports from the system easily. The main purpose of the MIS is to give information from where top management can monitor the bank as a whole. Information displayed by the MIS typically shows "actual" data over against "planned" results and results from a year before; thus it measures progress against goals. The MIS receives data from system ie. Core banking software and functions. Some of the data are collected automatically from computer-linked software others are keyed in at periodic intervals. Routine reports are preprogrammed and run at intervals or on demand while others are obtained using built-in query languages; display functions built into the system are used by to check on status at desk-side computers connected to the MIS by networks. Many sophisticated systems also monitor and display the performance of the Bank as Management Das Board.
Relevance of Data Ware housing and Data Mining for our Bank:
Banking being an information intensive industry, building a Management Information System within a bank is a gigantic task. It depends on the wide network of bank branches spread all over the country. At present, banks generate MIS reports largely from periodic paper reports/ statements submitted by the branches and regional/zonal offices and Head Office different divisions. Except for a few banks which have been using technology in a big way, MIS reports are available with a substantial time lag. Reports so generated have also a high margin of error due to data entry being done at various levels and the