INFORMATION SYSTEM IN STANDARD CHARTERED:
As standard chartered started their business in Pakistan in 2006 so as such there is no Pre-IS era of standard chartered bank in Pakistan. They are using IT since the start of their business in Pakistan. IT creates an evolution in whole world in every business and so in banking system. Now in standard chartered with the help of IS the daily transactions are recorded in branch computers and these branch computers are then connected to the main head office server so in this way they keep their daily process update on daily basis. As Time is money, and due to IS standard chartered bank make thousands of transactions per day. In fact, IS makes whole process much more quick, simple and reliable. Due to IS employees can easily connect with other branches, customer service get improved, online banking emerged and lot of others benefits. Standard Chartered Online is an innovative Online Banking service that you can tailor to suit your precise banking needs. It gives you convenient, round-the-clock banking services ranging from day-to-day account transfer transactions to real-time valuable financial information. Now you can manage your finances anytime, anywhere.
CH2:Business process model:
CH3: Organization computing resources:
Following software’s are used for the functioning of our information system and organization; o Application Software:-
Following application software’s are used in our organization and functioning of our information system; ➢ Microsoft Office
➢ NOD32 Anti-Virus
➢ Adobe Reader
o System Software:-
Following application software’s are used in our organization and functioning of our information system; * Operating System (Windows XP and Linux) for PC’s.
* Windows 2003 server for mainframes.
Following hardware resources are required for the functionality of IS and organization: ➢ Personal computers
➢ Canon Document Scanners
➢ HP Printers
➢ Networking cards
➢ Currency counter
➢ Coin counters
➢ HP Digital Scanners
➢ Dell Mainframes
In Standard chartered bank, they are using client/server network because it is accessible and the employees easily share the data and this network is cheaper than others and this is easily maintainable and manageable. All the data save in main server or HUB and employees can easily access it. This type of computing system provides an easy access and efficient flow of data, which increase the functionality of organization.
CH5: Organization transaction processing system:
Transaction Processing System:
A Transaction Processing System (TPS) is a type of information system. TPSs collect, store, modify, and retrieve the transactions of an organization. A transaction is an event that generates or modifies data that is eventually stored in an information system. From a technical perspective, a Transaction Processing System (or Transaction Processing Monitor) monitors transaction programs, a special kind of programs. The essence of a transaction program is that it manages data that must be left in a consistent state. TPS in Standard chartered bank:
Effective transaction processing system is working in Standard chartered bank that offer enterprise the means to rapidly process transactions to ensure the smooth flow of data and the progression of processes throughout the enterprise.
In Standard Chartered payroll TPS is designed to get information and record of the employ and then to calculate his/her annual earning. It get information about the employee from the employee’s department and from general ledger and send it to payroll TPS from where it links that information with the previous record and prepare a report which is forwarded to management. Management takes notice the “LN” record of the employee’s efficiency to work and may declare...
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