Mis in Banking Sector

Only available on StudyMode
  • Download(s): 631
  • Published: August 27, 2010
Open Document
Text Preview
Management Information Systems in Banking
Hubert Van de Vyver
Kiev, 1-2 June 2006

This project is funded by the European Union and implemented by ING Institutional & Government Advisory Copyright © 2005 by ING Institutional & Government Advisory Services B.V.

Introduction
• Use and manage information systems to revitalize business process • Improve business decision making with information technologies • Gain competitive advantage on the market

Management Information Systems in Banking - 1

Introduction
Key elements: • Internet technologies as platform for business and commerce • Collaboration processes among all business stakeholders in networked enterprises • Global markets and the international dimension

Management Information Systems in Banking - 2

Subjects
• Foundation Concepts • Decision support in Business and Banking • Information technologies and Banking applications • An approach to computing, systems and information channels • Developing business / IT solutions • The process of implementation of an MIS and the implementation challenges

Management Information Systems in Banking - 3

Foundation Concepts
Foundation of Information Systems in business • Conceptual systems components • Major types of Information Systems Competing with Information Technology • Competitive advantages • Major strategic applications

Management Information Systems in Banking - 4

Foundation Concepts
Foundation of Information Systems in business o Why Information Systems are important o Important business area o Key element in functioning of a bank o Important for managers o More than technology

Management Information Systems in Banking - 5

Foundation Concepts
Foundation of Information Systems in business o The Real World of Information Systems o Finance/budget & cost/ROI o Update systems to Internet o Improve end users involvement o Higher management participation o Technology road map

Management Information Systems in Banking - 6

Foundation Concepts
Foundation of Information Systems in business • What you need to know o an IS framework for business professionals o an Information System o Information technologies o System concepts: a foundation o What is a system o Feed back and control o Other system caracteristics Management Information Systems in Banking - 7

Foundation Concepts
Foundation of Information Systems in business o Information System activities o Input of data resources o Processing of data into information o Output of information products o Storage of data resources o Control of system performance

Management Information Systems in Banking - 8

Foundation Concepts
Foundation of Information Systems in business o Recognizing Information Systems o Identify : - Resources - Information products - System activities

Management Information Systems in Banking - 9

Foundation Concepts
Competing with Information Technology Learning objectives Basic competitive strategies and use of information technology towards competitors Strategic uses of Information Technology and competitive advantages Business process reengineering and strategic use of Internet Technology

Management Information Systems in Banking - 10

Foundation Concepts
Competing with Information Technology Learning objectives Business value of Internet Technologies, total quality management, becoming an agile competitor or forming a virtual company Knowledge management systems to gain strategic advantages

Management Information Systems in Banking - 11

Foundation Concepts
Competing with Information Technology o Strategic IT o IT not only support, also start strategy o e.g. STP in online banking

Management Information Systems in Banking - 12

Foundation Concepts
Competing with Information Technology o Competitive strategic concepts o Competitive forces o Competitive strategies o Strategic use of Information Technology o Examples of companies o Other competitive strategies

Management...
tracking img