Management Information System - Transaction Processing

System

Supraneet AryaPGDM I YEARAjay Kumar Garg Institute of

Management,Ghaziabad.

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Agenda

•Introduction

•Company Profile

•Management Information System-Transaction Process System

•Understanding of Finacle

•Working of Finacle – The ICICI Way

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Profile of ICICI Bank

ICICI Bank Ltd is India's second-largest bank with total assets of Rs. 1 trillion, a network of 500+ branches and offices and over 2000 ATMs. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers, through a variety of delivery channels and through its specialized subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital, asset management and information technology.

ICICI Bank Ltd was originally promoted in 1994 by ICICI Ltd, an Indian financial institution, and was its wholly-owned subsidiary. ICICI Bank Ltd.'s equity shares are listed in India on stock exchanges at Chennai, Delhi, Kolkata, Vadodara, Mumbai and the National Stock Exchange of India Limited. In 1999, ICICI Bank Ltd became the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the NYSE.

Management Information System

Information system is an organized combination of people, hardware, software, communications network, and data resources that collects, transforms, and disseminates information in and organization.

Management information system is one such system that helps a company managers to take difficult decisions, and evaluate amongst various strategies.

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Transaction Process System

A Transaction Process System is a set of information which process the data transaction in database system that monitors transaction programs.

Example: If an electronic payment is made, the amount must be either both withdrawn from one account and added to the other, or none at all.

Finacle- The Software

Finacle, the universal banking solution from Infosys, empowers banks to transform their business leveraging technology.

The solution addresses the core banking, e banking, treasury, wealth management, CRM, and cash management requirements of universal, retail, corporate, community and private banks worldwide.

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Tour of Finacle

Start Internet Explorer by double clicking on the Internet Explorer icon. On specifying the proper address the above Login screen will be displayed

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User Name

PasswordTo be clicked

After Password Is entered Language Preference

On successful login to the system, the main menu is displayed to the user as shown in the above picture

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Main Menu

Sub Menu

Menu Option User Defined Favorites

Specify Menu Option HereProgress Indicator

Action Bar

The user menu that is shown above is a very user friendly interactive medium. From this interface the background menu can be invoked which is shown on the next slide.

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Invoke The Background Menu

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Main UserMenu

Logout Option

You can also typeEXIT to logout

Working of Finacle – The ICICI Way

The opening of an Account Menu

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The General Account Details Form

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The Account Opening Form

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Database

All banks and in this case ICICI maintain a huge database of all their customers along with all the relevant details about their accounts, customer details etc. Such database has to be maintained so as to avoid any mishandling of any account.

At ICICI, different transaction files are made with every transaction that takes place and all these files get queued up one after another and are executed one after the other.

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Flowchart of FINACLE used at ICICI Bank15

Error Procedure

Online Data Entry,Transaction Receipt. Eg:transaction slip, balance slip etc.

Online DatabaseMaintenance

Updated Company Database

Support Database Inquiries

Perform Transaction Analysis

Transaction analysis Report

Transaction analysis displays,Management Inquiries

Manual Operation

Documents,Paper.

THANK YOU!

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