IT

1. IT – Applications (4)
IT in Finance & Banking …
Business Process Reengineering, communication
& connectivity
 Sophisticated product development
 Better market infrastructure
 Reliable techniques to control risks
 Reach distance geographically and diversified
markets

2. Banks and other financial institutes in India entered
the digital world with Indian Financial Net
(INFINET), WAN (satellite based network using
VSAT (Very Small Aperture Terminal) technology,
setup by RBI & IDRBT (Institute for Development
and Research in Banking Technology).
 CFMS (Centralized Funds Management Systems)
 CFES (Centralized Funds Enquiry Systems)
 CFTS (Centralized Funds Transfer Systems)
Security
IT in Finance & Banking …
IT – Applications (5)

3. EFT (Electronic Fund Transfer)
 Debit Cards & Credit Cards
 Net Transfer
 POS (Point-Of-Sale) Terminal
 MICR cheques (improves processing of cheques)
 Request for cheque books
 E-cheques
 Stock Exchange
 24 x 7 customer service
IT in Finance & Banking …Facilities
IT – Applications (6)

4. IT – Applications (7)
IT in Education (E-Learning) …
Electronic learning
 Computer Aided Learning
 Computer based training
 Web based training
 On – line examinations
Virtual classrooms julianhopkins.net

5. IT – Applications (8)
IT in Education (E-Learning) …
E-books
 Electronic versions of books
 Vast variety of texts become easily available to
readers
Reader software
 Microsoft Reader
 Adobe E-book Reader

6. IT – Applications (8)
IT in Education (E-Learning) …
E-books
 Electronic versions of books
 Vast variety of texts become easily available to
readers
Reader software
 Microsoft Reader
 Adobe E-book Reader