Preview

Information System in Standard Chartered:

Powerful Essays
Open Document
Open Document
1781 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Information System in Standard Chartered:
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:

Software 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.

Hardware Resources:-

Following hardware resources are required for the functionality of IS and organization: ➢

You May Also Find These Documents Helpful

  • Powerful Essays

    The path that data follow in an AIS, for example from manual source document to completed output report, is called an audit trail.…

    • 2786 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    1. The principle of internal control violation is separation of duties. The person that records the incoming cash receipts should not be the same person that is posting the customer payments to their accounts. My recommendation to the business would be that they have one person recording the incoming cash receipts, and they should assign another employee to take over posting the customer payments to the right accounts. This will ensure that payments will get posted to the right accounts, and reduce errors.…

    • 600 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Suppose you were an IT Policy adviser to the president of the United States. What major changes would you suggest the president propose with regards to IT legislation and policy? Why would you suggest those changes? Who would those changes help? Who would those changes hurt? Who would likely oppose your suggested changes?…

    • 431 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    1. Integrations allow separate systems to communicate directly with each other, eliminating the need for manual entry into multiple systems.…

    • 20337 Words
    • 139 Pages
    Powerful Essays
  • Good Essays

    A. The time worked field in a payroll transaction record contained the value 400 instead of 40. As a result, the employee received a paycheck for $6,257.24 instead of $654.32.…

    • 1493 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    1. What might have happened to Apple if its top executives had not supported investment in iPads?…

    • 1070 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    2. What factors contribute to fraud? How can a company minimize the occurrence of these factors? Explain…

    • 819 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Business Case Scenario IT

    • 796 Words
    • 3 Pages

    These days every transaction that occurs is digital and monitored by the stock exchanges for malpractice. This was a major problem to many an institutions because suddenly they had to upgrade from their legacy systems to the modern platform. IT Services provided the perfect solution as not only would it upgrade their systems but also at the same time maintain the enormous data inflows from various zones and provide solutions to improve the process and make it more automated this saved was boon to the banking industry as they were…

    • 796 Words
    • 3 Pages
    Good Essays
  • Good Essays

    | An adaptive method typically uses a spiral development model, which builds on a series of iterations.…

    • 2716 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    ▪ Privacy. Personal information is collected, used, retained, and is closed in conformity with the commitments in the Entity’s privacy notice.…

    • 790 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Answer: UPS “Smart Labels” is a computer generated shipping label that stores all pertinent data for shipping of packages from inception to delivery. It stores the sender information in order to facilitate timely and efficient delivery of the package.…

    • 580 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Punjab National Bank

    • 18172 Words
    • 73 Pages

    For the present study Punjab National Bank (PNB) has been selected. The reason for selecting PNB is that it is the leading Nationalised Bank in India after SBI. It became the first Nationalised Bank to book Rs. 1000 crore as net profit in single quarter of Oct-Dec 2008. The bank achieved 100% Core Banking Solution (CBS) even by the year 2008.…

    • 18172 Words
    • 73 Pages
    Powerful Essays
  • Good Essays

    Standerd Chartered Bank

    • 6632 Words
    • 27 Pages

    As you will see, our research pointed out that Standard chartered is a bank that looks to provide individuals with high quality service. It is a bank that looks to cater to consumer needs individually as much as it can The Standard chartered bank looks to provide its best services at its utmost potential. It looks to ensure that the consumers are satisfied with what they are getting from the bank and be happy about it and also provide as much feedback as it can to the users.…

    • 6632 Words
    • 27 Pages
    Good Essays
  • Powerful Essays

    Accounting Information System

    • 12489 Words
    • 50 Pages

    Table of Content * INTRODUCTION................................................................... 08 1.0 INFORMATION SYSTEM (IS)………………………………...... 08 2.0 ACCOUNTING INFORMATION SYSTEM (AIS)….................. 08 3.…

    • 12489 Words
    • 50 Pages
    Powerful Essays
  • Powerful Essays

    Standard Chartered Bank started its business in Bangladesh in 1948, opening its first branch in the port city of Chittagong. The bank increasingly invested in people, technology and premises as its business grew in relation to the country's thriving economy. At present the bank has 6 offices in Dhaka Chittagong and Sylhet, including the country's only offshore banking unit inside the Dhaka Export Processing Zone at Savar.…

    • 3087 Words
    • 16 Pages
    Powerful Essays