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Core Banking System

Core Banking System

Overview of Banking Services

Banks are using IT extensively to offer newer products and services to customers and automating internal processes. The dependence on IT is such that the banking business cann...

Overview of CBS

Core Banking Solution (CBS) refers to a common IT solution wherein a central shared database supports the entire banking application. The characteristics of CBS are: There ...

CBS IT Environment

Servers   The Server is a sophisticated computer that accepts service requests from different machines called clients. The requests are processed by the server and sent...

Implementation of CBS

The deployment of CBS should be controlled at various stages to ensure that banks automation objectives are achieved: Planning: Planning for implementing the CBS should be ...

Internet Banking Process

The customer applies to the bank for such a facility. The user is provided with a User ID and Password. Customer is expected to change password soon after the first log in. On...

CBS Risks, Security Policy & Controls

Operational Risk: It is defined as a risk arising from direct or indirect loss to the bank which could be associated with inadequate or failed internal process, people and sys...

Security Policy

Large corporations like banks, financial institutions need to have a laid down framework for security with properly defined organizational structure. INFORMATION SECURITY ...

Application Softwares

Application Software CASA facility Issuance of Credit Card Facility Authorization process of Credit Card Facility Clearing & Settlement process of Credit Card Mortga...

Business Process Flow of Current & Savings Accounts (CASA)

Process Flow of CASA facility Either the customer approaches the relationship manager to apply for a CASA facility or will apply the same through internet banking, the char...

Credit Cards

Process Flow of Issuance of Credit Card Facility Either the customer approaches the relationship manager or apply online. relationship manager request for the relevant do...

Business Process Flow of Mortgages

A Mortgage loan is a secured loan which is secured on the borrower’s property by marking a lien on the property as collateral for the loan. If the borrower stops paying, t...

Loans & Trade Finance Process

The business of lending, which is main business of the banks, carry certain inherent risks and bank cannot take more than calculated risk whenever it wants to lend. Hence, len...