Topics Covered• What is SOFTWARE?• History• Types of Software• Need of Software in Banking• FINACLE-Axis Banking Software• Uses of Software in Banking• Conclusion
Software in technical term is any set ofmachine-readable instructions that directs acomputers processor to perform specificoperations.What is SOFTWARE?
History• First software was developed by Mr. Alan Turingin 1935.• Hardware was becoming smaller and cheaper aspredicted by Moore’s Law.• Software was replacement of hardwarecomplexity.Software Predecessors• Punch Cards .• Manual Electrical Relays.
System Software & ActivitiesSystem Software (OS)Set of programs that controls the computer hardwareand acts as an interface with application programsActivities: -• Perform common computer hardware functions.• Provide a user interface and input/outputmanagement.• Manage system memory.• Manage processing tasks and so on.
Applications SoftwareApplication software includes program that doreal work for User.• Helps users to solve particular task.• Application software is installed and stored in PC’shard disk or external storage devices like CD’s, DVD’sand USB devices.• Help to perform maintenance or correct problemswith a computerExamples: Microsoft Offices tools, Antivirus andUtilities programs etc.
Types of ApplicationSoftwareGeneral PurposePrograms• Web Browser• Word processing• Electronic Mail• Spreadsheet• Database Manager• Presentation GraphicsApplication SpecificPrograms• Banking Software• Antivirus• Gaming• SAP
NEED OF SOFTWARE INBANKING Ease of access Eco-Friendly Time Saving Reduces Complexity Extra Services Foreign Trade Security
SOFTWARE USED IN AXIS BANK• Developers: Infosys• Initial Release: 1999• Stable Release:10.2.2009• Written In: JAVA, C/C++• Type: Banking &Financial Suite
Finacle account opening andTransaction Process FOrm
SOLUTIONS• Core Banking• e-Banking• Mobile Banking• Digital Stream• Wealth Management• Finanz Tools• Operational Data Store and so on…