Scribd
Upload
17 views

Impact of Core Banking System: by Sujilesh Ashwin

The document discusses the core banking system and its impact. A core banking system forms the core of a bank's operations by allowing all parts of the bank like branches, employees, customers, auditors and regulators to interact. It consists of key components like the general ledger, customer information system, deposit system, loan system and management information system. The core banking system impacts bank employees, management, customers, auditors, regulators and shareholders by centralizing operations and enabling access across delivery channels.

Uploaded by

m_dattaias
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
17 views

Impact of Core Banking System: by Sujilesh Ashwin

The document discusses the core banking system and its impact. A core banking system forms the core of a bank's operations by allowing all parts of the bank like branches, employees, customers, auditors and regulators to interact. It consists of key components like the general ledger, customer information system, deposit system, loan system and management information system. The core banking system impacts bank employees, management, customers, auditors, regulators and shareholders by centralizing operations and enabling access across delivery channels.

Uploaded by

m_dattaias
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 8

IMPACT OF CORE BANKING SYSTEM

By
Sujilesh
Ashwin
CORE BANKING SYSTEM
 Two Perspective :

 Business Perspective
Core Banking relates to the basic business of a bank
or financial institution

 Technology Perspective
Core Banking is the short name for a Centralized
Banking system that a bank has to deploy in order to
perform its core banking business.
WHY NAMED CORE BANKING
 It forms the core of Banking System
 All entities that are part of the bank interact each other

 Eg:

* Bank employees head office, regional offices,


branches etc…

* Bank Management: executives / managers at


respective locations head office, regional offices
branches etc…
CONTD…
* Bank customers: Personal banking, corporate banking
international banking etc.

* Bank Auditors, internal and external auditors who


need to verify systems and procedures.

* Bank Regulators: mandatory reporting to central bank


and other financial bodies.

* Bank share holders: providing the desired return to


shareholders from banking operations.
INGREDIENTS OF CORE BANKING
SYSTEM
 General Ledger

 Customer Information System

 Deposit System

 Loan System

 Management Information System (MIS)


NEW COMPONENTS

 Delivery Channels
IMPACT OF CORE BANKING
 Bank Employee

 Bank management

 Bank Customers

 Bank Auditors

 Bank regulators

 Bank Share Holders

You might also like