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1. PRESENTED BY:
Mehreen Raza (419.06)
Quratulain Riaz (146.06)

2.  MCB Bank Ltd was incorporated on July 9, 1947
 MCB is Pakistan’s fourth largest bank by assets having an
asset base of US$6.7 billion
 Largest market capitalization of US$4.1 billion.
 Customer base of approximately 4 million and a nationwide
distribution network of 1,026 branches, including 8 Islamic
banking branches, and over 300 ATMs, in a market with a
population of 160 million.
 During the last fifteen years, the Bank has concentrated on
growth through improving service quality, investment in
technology and people, utilizing its extensive branch
network, developing a large and stable deposit base.

3.  Makes sure that all financial transactions comply with state
laws, rules, and regulations.
 Responsible for centrally processing and recording the
transactions.
 Oracle GL as its information system.
 Oracle GL is a product of the Oracle E-Business Suite which
the organization has acquired as its platform for managing its
business transactions and maintaining records.
 Oracle General Ledger works seamlessly with other Oracle E-
Business Suite products to drive better decision-making,
sustainable financial discipline, regulatory compliance, and
optimized business processes.

7.  The Financial Control Department used an in-house
developed system called “Financial Control System”.
 the Financial Control System could no longer meet the
complex needs of the department.
 usual system break downs which resulted in increased cost
 time cost
 and monetary cost

8.  A new system that would be reliable and would integrate
smoothly with the organization.
 Company bought a new information system, the “Oracle
Financial Suite”
 Oracle GL was perfectly suited for the Financial Control
Departments requirements.
 This system allowed the company to cope with its changing
requirements.
 This software gave the company several options that were
not previously available in the previous system.
 This system also enables the organization to better organize
its operations.

9.  Hardware – HP Blade Server
 Software – Oracle e-Business Suite R12
 Operating System – Linux Environment
 Input – Financial data
 Output – financial statements like ledgers, balance
sheet etc.
 Processing – Batch processing
 Storage – both Hot-sites and cold sites.

10.  Oracle GL is a financial software system designed
for an organization’s financial needs
 Employees of MCB’s Financial Control Division are
the end users of the system.
 All the employees in this department are properly
trained to use this system.
 The system is highly customized to suit all the needs
of the department and meet its requirements in an
efficient and cost effective manner.

11.  Benefits to end users:
 friendly interface
 No specialized training to operate this system.
 Benefits to department:
 generates accounting reports.
 Customize reports.
▪ For example if there are any changes in accounting laws
or procedures that the bank may need to implement,
the system easily facilitates that.

12.  This system has the capability to fulfill the requests
of the end users by default.
 The Oracle GL provides high Data Integrity;
 by making sure that the data is saved, will be available
for future use and will not have any errors.
 Data retrieval or data recovery is made easy by the
system.
 It also reduces the occurrence of a system failure to
almost ZERO.
 It has a Relational Database Management System.

13.  This system enables the department in making
 General Ledgers for the bank,
 completing its transactions,
 maintaining accounts and balances
 balance the accounts and generate Financial Statements
 The MCB generates the following financial statements with the
help of this system:
 Balance Sheet; Profit and Loss account; Cash Flow statement and
Statement of Changes in Equity.
 The system saves all the reports and financial statements into its
database for future use and referencing.
 This information is not only useful for preparing reports for the
bank but also in making audit reports, company reports, etc.

14.  MCB has both cold sites and hot sites for its
financial system – the Oracle General Ledger.
 It has its hot sites in Pakistan only.
 The hot site is the main headquarter in Karachi at
the I.I. Chundrighar Road.
 The cold sites are the various regional headquarters
in the country.
 Backups are scheduled on a daily bases in the off-
peak hours (late nights).

15.  The employees are not facing any problems
with the system
 They only thought the system can be further
customized

16.  To further customized with the specific needs of
the Financial Control Division, the company can
upgrade a newer version of Oracle GL.
 System enhancements over time might also
need to be carried out that could involve
upgrading the server, storage and database
systems.

17.  MCB aims to keep its business in line with the top
banks and corporations of the country.
 Therefore, it has chosen Oracle E-Business Suite as
the application.
 The Oracle E-Business Suite is a top of the line
application software used by businesses around the
world.
 Oracle is renowned for providing its customers with
excellent software’s that provide fast, easy and
efficient business information and support systems.