1 December 2011

Present & Future of IT in Banking Industry Presented by

Anit    Kr.  Roy

Introduction 1

Technology in Banking Industry 2

Road Map:-

Significance of Computerization 3

Future Technology 4

Introduction Ø Banking industry has been growing through a process of transformation since 1991. Ø IT emerging as the integrator, assisting banks in the management of process of transformation(Conventional Banking to Convenience Banking). Ø Sophisticated computers gave banks the potential they could only dream of and have given customers a high expectations.

Ø Narrowing the gap between public sector & private sector banks in terms of service.

Ø Banks gain vital competitive advantage with the implementation of IT.

Technology in Banking Industry

I.   Core banking

II.   ATM

III.   Internet Banking

IV.  Point of sale terminal

V.   Mobile Banking

VI.   Electronic Clearing Service( Debit & credit clearing)

Significance of Computerization in Banks.

v Any time Banking v On the go Banking

v Corporate Banking

v Security

Future Technologies • Cloud Computing

• Locker securities system

• Cheque & cash machine

• Data Mining & warehousing.

Cloud Computing

ü Cost Reduction For Banking Sector

ü Time saving for Customers

ü Easier & Faster Validation Of New Accounts

ü Centralized Control

Locker Security System

Ø Time & Cost Saving

Ø Less dependence

Ø More Secured

LOGO

Cheque & Cash machine

9

v Easy Cheque Dispensing & Collection

v Better Data-Base Management

v Easy Cash collection & Transferability

LOGO

Data Mining

10

v Analyse financial data to identify business potential

v Identify customer to focus on.