Information System Used In Financial Institutions Essay

2857 Words12 Pages
2010 Information Systems for Managers Financial & Accounting Information Systems Banking & Financial Services This report gives an insight into the Finance & Accounting Information Systems used in the sector of Banking & Financial Services. With respect to the same, the report also gives an idea into the systems in general, as also with respect to the State Bank of India. Finally, it ends with giving the conclusion regarding the use of these information systems. Ishan Parekh MBA (tech.) - Manufacturing Roll No. # 315 11/8/2010 Table of Contents INTRODUCTION TO INFORMATION SYSTEMS FOR MANAGERS INTRODUCTION TO FINANCE & ACCOUNTING (F & A) INFORMATION SYSTEMS STATE BANK OF INDIA – BACKGROUND SBI – HISTORY OF IT FINANCE & ACCOUNTING INFORMATION SYSTEMS – MODULES CORE BANKING TRADE FINANCE CAPITAL MARKETS & TREASURY COLLATERAL FOREX GENERAL LEDGER ACCOUNTING BENEFITS CONCLUSION - SBI CONCLUSION – FINANCE & ACCOUNTING INFORMATION SYSTEMS APPENDIX INDEX REFERENCES 3 3 4 4 5 5 6 7 7 8 8 8 9 10 15 16 Page 2 Introduction to Information Systems for Managers Information Systems for Managers (ISMs) are interactive systems, which combine the human and machine interfaces, supporting in making decisions for users within and outside the traditional organisational boundaries. Daily operational activities plus various decisions such as current and future tactical ones with respect to the organisation’s overall strategic direction are supported by these systems. These information systems comprise of different functional and constitutional perspective; depending upon their classification based upon either their functions or the business group they intend to serve. (Laudon & Laudon, 2008) Introduction to Finance & Accounting (F & A) Information Systems F & A information systems are helpful by combining the practice and study of accounting with information
Open Document