Showing posts with label Information Technology in Financial Services. Show all posts
Showing posts with label Information Technology in Financial Services. Show all posts

Information Technology in Financial Services


1.Basic Computing Concepts

o Basic Computer Terminology What is a computer?

What is an operating system? What are application software What is Data Communication?

2.Information Technology in the Banking Sector

o IT systems – an overview

Popular banking packages and software Evolution of IT systems over the years

Architecture of banking packages and software Desktop systems

Word processing Spreadsheet

Presentation software Communications systems

Email

Voice-over-IP (VoIP) Video Conferencing Groupware

Instant Messaging

o Systems used in Financial Industry Core Banking systems

IT systems that link the bank with other banks

IBFT, MNET, 1-Link, POS , NIFT, RTGS, SWIFT, etc Card processing systems

VISA, MasterCard, American Express etc.

Desktop support systems/ customer services systems

MIS applications e.g. Liability Management System, CRM, ERP VeriSys NADRA database connectivity system (Pakistan's case) Credit Assessment systems

eCIB /credit bureau check systems (connectivity with State Bank and local data-check companies)

Behavioral assessment and Application scoring systems using for credit related decisions

Fraud/ Risk Monitoring system, e.g. AML Compliance/ Operational Risk systems Treasury based market system

Reuters, Bloomberg, etc

3.Introduction to the Internet

o Basic Concepts

Evolution and current-day use Dynamic Vs Static web pages

Transactions Vs Information websites

o Impact on business

o Internet tools

Search engines Online tools

E-commerce and online trading

o Social media

4. Introduction to Networking

o Basic Concepts

Branch connection with central servers

Online branch banking – bank’s own branch connectivity Issues in online branch banking connectivity

o Networking Trends

5. Technology Based distribution channels / Networks in Financial Industry

o Phone Banking/ Call Center

o Mobile banking

o Internet banking

o ATM

o POS

o CDM – Cash Deposit Machines

o Email / SMS notifications

6. Emerging Technology trends in Financial Sector

o Contact less payment solutions

o Branch less banking

o Micro payment solutions

o Open Source software (alternatives to Microsoft and other propriety products)

o Image based cheque processing system

o Biometric ATMs

o Stored Value cards, e.g. Watan cards

7. IT policy in financial institutions

o Developing an organization-wide IT policy Key components

Do’s and don’t User restrictions

Scheduled back-ups / auto-archiving Antivirus safeguards

Data confidentiality

8. IT Vendor Services

Outsourcing and In sourcing Managed Services

9. IT Security and Risk Mitigation

o Basic principles

Key concepts Authenticity

Banking security standards Risk of password sharing

o Mitigation controls Administrative Logical

Physical

o Security processes and management Security governance

Incident response

Risk management and IT auditing

o Business continuity

Disaster recovery planning

o Professionalism and ethical standards

o IT audit framework/ standardization

o International certifications in IT security

o International standards of IT security

o SBP IT Audit

10. IT laws in Pakistan/ Regulatory Framework

o ETO – Electronic Transactions Ordinance

o Cyber Crime Ordinance

o Emerging card global standards, e.g. EMV and PCI / DSS

o State Bank penalties against non-compliance

 

 

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