INTRODUCTIONState Bank of India Largest nationalized

commercial bank in IndiaIn terms of assets, number of branches,

deposits, profits and workforce. Headquarters in Mumbai, India and

employs about 205,896 people.Wide distribution networkHighest market capitalization and profits

Largest branch network in india with 16000 branches.

Over 8500 ATM’s. WEBSITE:statebankofindia.com

NEED FOR MIS

24 hours banking,7 days a week.Anywhere bankingIntroduction of new delivery channels,ATMs,

Internet banking etc..Efficiency in operation.Strengthening DSS,EIS etc and improve in the

strategic areas like Trade Finance,Treasury.etc

SOLUTION 

The solution chosen by the SBI after due evaluation and keeping the above objectives in mind is a

Core banking solution of Financial Network Services ,Australia, which has already been successfully implemented in diverse centralized environment.

SBI had chosen TCS Limited ,the largest software and service company in the country, to customize the product to their needs and also to undertake pilot implementation.

Teams have been formed by the vendors as well as the Bank, which define the product specific functionalities and customize the software to meet the needs of the bank.

Along side ,where ever considered expedient and in the interest of customers ,appropriate re-engineering of present systems and procedures and process will be brought about to exploit full potential of the package.

 

Core banking solution & technology of SBI

CORE BANKING SOLUTIONIt is a centralised data processing with IT

applicationwhich branches and administrative offices are

connected with the objectiveto provide any time any where bankingefficiency in operationstrengthening MIS/DSS/EIShandling effectively strategic areas like –

trade Finance, Treasury, ALM(Asset Liability Management) etc.

Solution providers in SBIM/S financial network services (FNS), Australia -B@ncs24: software SBI use in CBS. -B@ncslink: linking softwareM/S comlink services, USA

-Finance one: corporate general ledger partM/S china system, hongkong/ dubai

-Exim bills: trade finance package.M/S Oracle corporation, USA

-Oracle 9i: data base managementUnix/ window 2000

-Operating systems

M/S data craft, Singapore-Maintenance of SBI connect: leased line connectivity

Bharat Sanchar Nigam ltd (BSNL), india-Leased line for SBI connect & integerated services digital network (ISDN) line as a standby support.

HP systems, USA-Hardware supplier

Tata consultancy services(TCS) ltd-Customisation, integration and implementation

HCL- comnet-VSAT

Differences of CBS from Bank masterBank master is reference information about

a financial institution that is required to conduct business transactions with this financial institution, such as the institution’s contact information, offices and branches, clearing codes such as BIC(Bank Identifier Code), and domestic clearing codes.

Centralised data system with on-line, real time transactions

Customers of bank and not just of a branchAnytime/anywhere bankingExtensive use of mouse with keyboardUse of internet explorer.Multiple screen usageAll users are tellers hereCBS supports MIS/DSS/EIS(Management

Information System/Decision Support System/Executive Information System)

CBS VERSIONS

Present version - 1.2- from 2nd October, 2004Earlier versions – 1.1, 1.105 & 1.11

IMPACT With the implementation of core banking, branches will be

business fronts. The concept of a ‘brick and mortar’ branch will steadily lose

its relevance. With the facility of networking of branches and many

delivery channels, which will facilitate off-branch banking, physical presence of customers at branches will diminish; so will be the number of vouchers handled at branches.

The requirements of a branch for reports can be taken care of by a Shared Operations Centre, for a group of branches in a particular geographical area.

Inter-branch transactions will also reduce considerably, as there will be no need to issue a draft or pass an entry through Branch Clearing General Account between networked branches.

•A whole lot of information about the customer would be available for the front line operator, facilitating cross selling of products

•Real time, on line information about a customer or a branch would be available to controllers at various level

ARCHITECTURE

The basic architecture of MIS of SBI is the centralized processing.

With Its applications and data residing at Central Data Centre(CDC) to be located in Navi Mumbai, to which all the branches and administrative offices are connected.

This type of processing has been preferred by the bank for networking of branches, dictated by volumes and to ensure on-line, real time MIS for decision making.

So far, the different branches are computerizes only on a standalone basis.

FEATURES OF SYSTEM24X7 Banking Anywhere Banking.Integration with strategic sectorsStrengthening MIS, DSS and EIS Business Process Re- engineering (BPR )

enabler

AREAS OF ENHANCED FUNCTIONALITIES

Core Banking will bring about connectivity between branches , making on-line, real time transaction processing possible.

The customer under Core Banking would be customers of the bank, not just the customers of a particular branch. They can, seamlessly, transact business with the Bank wherever they are.

Facilitate Decision Support System/ Executive Information System, greatly facilitating timely executive inputs.

Many value added services like ATM, Internet Banking will be available to customer.

The solution lends itself to versatility and flexibility, even while retaining the much needed security features

BANK MASTERBankmaster is essentially a transaction processing

software with not much of MIS support. Core Banking would address this vital need, apart from MIS, would facilitate Decision Support System/ Executive Information System, greatly facilitating timely executive inputs.

Many value added services like ATM, Internet Banking will be available to customer.

While Bankmaster takes care of stand- alone computerization of a Branch, Core Banking will bring about connectivity between branches, making on-line, real time transaction processing possible.

The customer under Core Banking would be customers of the bank, not just the customers of a particular branch. They can, seamlessly, transact business with the Bank wherever they are.

The solution lends itself to versatility and flexibility, even while retaining the much needed security features.

THANKYOU!!!!