A Transformation Approach to Smarter Core Banking

A Transformation Approach to Smarter Core Banking
Author: Alex Louwe Kooijmans
Publisher: IBM Redbooks
Total Pages: 70
Release: 2012-09-23
Genre: Computers
ISBN: 0738450537

The extensive experience brought by IBM to core banking transformation indicates that the most successful transformation approach is a progressive one in which modernization is a process that incorporates flexibility and business acumen, and can adapt as requirements change. Creating a componentized architecture that separates key constructs and their assets from the core transaction engine is a critical factor in achieving a successful transformation. Such a scenario makes the architecture the central concern and allows a bank to benefit from the necessary flexibility and efficiency. After the core architecture is established, the bank can address each requirement and modification on a case-by-case basis by choosing from custom and packaged options. Further, the core transformation method outlined in this IBM® RedguideTM publication allows a bank to make deployment decisions based purely on business benefits by using a progressive program that delivers value at each step of the process, and every step can be tailored to keep pace as needs and requirements change. Finally, this method ensures that the overall transformation process remains in line with evolving business objectives.

Smarter Banking with CICS Transaction Server

Smarter Banking with CICS Transaction Server
Author: Chris Rayns
Publisher: IBM Redbooks
Total Pages: 210
Release: 2010-04-22
Genre: Computers
ISBN: 0738434124

It goes without saying that 2009 was a year of unprecedented change in global banking. The challenges that financial institutions are facing require them to cut costs but also to regain trust and improve the service that they provide to an increasingly sophisticated and demanding set of customers. In the past, siloed and rigid IT systems often inhibited banks in their attempts to re-engineer their business processes. The IBM® smarter banking initiative highlights how more intelligent software can be used to significantly improve the end-to-end integration of banking processes. In this IBM Redbooks® publication, we aim to show how software technologies, such as SOA, Web 2.0 and event driven architectures, can be used to implement smarter banking solutions. Our focus is on CICS® Transaction Server, which is at the heart of most bank's core banking implementations.

Transnational Business Governance Interactions

Transnational Business Governance Interactions
Author: Stepan Wood
Publisher: Edward Elgar Publishing
Total Pages: 413
Release: 2019-12-27
Genre: Political Science
ISBN: 1788114736

From agriculture to sport and from climate change to indigenous rights, transnational regulatory regimes and actors are multiplying and interacting with poorly understood effects. This interdisciplinary book investigates whether, how and by whom transnational business governance interactions (TBGIs) can be harnessed to improve the quality of transnational regulation and advance the interests of marginalized actors.

Socio-economic Systems: Paradigms for the Future

Socio-economic Systems: Paradigms for the Future
Author: Elena G. Popkova
Publisher: Springer Nature
Total Pages: 1728
Release: 2021-03-05
Genre: Technology & Engineering
ISBN: 3030564339

This book is reflective of a science-based vision of the future development paradigm of economic and social systems. It deals with the digitization as the technological basis for the future development of economic and social systems and presents a review of groundbreaking technologies and prospects for their application. The specific character of the industry and prospects for the application of digital technologies in business are analyzed. A rationale is provided for future prospects for the sustainable development of economic and social systems in a digital economy. The authors determine the process of the formation and development of the information-oriented society, social and educational aspects of the digitization, as well as the institutional framework of the digital future of social and economic systems. The book combines the best works following the results of the 12th International Research-to-Practice Conference “Artificial Intelligence: Anthropogenic Nature vs. Social Origin” that was held by the Institute of Scientific Communications (ISC) in cooperation with the Siberian Federal University and the Krasnoyarsk Regional Fund of support of scientific and scientific–technical activities on 5–7 December 2019, in Krasnoyarsk, Russia, as well as following the results of the 3rd International Research-to-Practice Conference “Economic and Social Systems: Paradigms for the Future” that was held by the ISC in cooperation with the Pyatigorsk State University on 5–6 February 2020. The target audience of the book consists of representatives of the academic community concerned with the future prospects for the development of economic and social systems, as well as economic agents engaged in the digitization of business processes, and representatives of public agencies regulating the development of business systems for their progressivity, sustainability and competitiveness.

Digital Transformation and Global Society

Digital Transformation and Global Society
Author: Andrei V. Chugunov
Publisher: Springer
Total Pages: 629
Release: 2016-11-24
Genre: Computers
ISBN: 3319497006

This book constitutes the refereed proceedings of the First International Conference on Digital Transformation and Global Society, DTGS 2016, held in St. Petersburg, Russia, in June 2016. The 43 revised full papers and 15 revised short papers, presented together with 3 poster papers and an invited paper were carefully reviewed and selected from 157 submissions. The papers are organized in topical sections on eSociety: New Social Media Studies; eSociety: eGovernment and eParticipation: Perspectives on ICTs in Public Administration and Democracy; eKnowledge: ICTs in Learning and Education Management; eCity: ICTs for Better Urban (Rural) Planning and Living; eHealth: ICTs in Healthcare; eScience: Big Data Complex Calculations.

Internet of Things, Smart Computing and Technology: A Roadmap Ahead

Internet of Things, Smart Computing and Technology: A Roadmap Ahead
Author: Nilanjan Dey
Publisher: Springer Nature
Total Pages: 408
Release: 2020-02-14
Genre: Technology & Engineering
ISBN: 3030390470

This book addresses a broad range of topics concerning machine learning, big data, the Internet of things (IoT), and security in the IoT. Its goal is to bring together several innovative studies on these areas, in order to help researchers, engineers, and designers in several interdisciplinary domains pursue related applications. It presents an overview of the various algorithms used, focusing on the advantages and disadvantages of each in the fields of machine learning and big data. It also covers next-generation computing paradigms that are expected to support wireless networking with high data transfer rates and autonomous decision-making capabilities. In turn, the book discusses IoT applications (e.g. healthcare applications) that generate a huge amount of sensor data and imaging data that must be handled correctly for further processing. In the traditional IoT ecosystem, cloud computing offers a solution for the efficient management of huge amounts of data, thanks to its ability to access shared resources and provide a common infrastructure in a ubiquitous manner. Though these new technologies are invaluable, they also reveal serious IoT security challenges. IoT applications are vulnerable to various types of attack such as eavesdropping, spoofing and false data injection, the man-in-the-middle attack, replay attack, denial-of-service attack, jamming attack, flooding attack, etc. These and other security issues in the Internet of things are explored in detail. In addition to highlighting outstanding research and recent advances from around the globe, the book reports on current challenges and future directions in the IoT. Accordingly, it offers engineers, professionals, researchers, and designers an applied-oriented resource to support them in a broad range of interdisciplinary areas.

Smart Business and Digital Transformation

Smart Business and Digital Transformation
Author: Sándor Gyula Nagy
Publisher: Taylor & Francis
Total Pages: 210
Release: 2023-06-15
Genre: Business & Economics
ISBN: 1000892867

Beginning in the mid-2010s, the Fourth Industrial Revolution has seen remarkable changes in information technology that have blurred the boundaries between the physical, digital and biological worlds. Industry 4.0 has enabled so-called smart factories in which computer systems equipped with machine learning algorithms can learn and control robotics with minimal need for human input. While smart technology has enabled many manufacturing businesses to increase efficiency and cut costs, many others are still struggling with implementing it. This book aims to help students, practitioners and industry leaders to become change agents and take their first steps on the path of transformation. Smart Business and Digital Transformation addresses the challenge of becoming "smart" from three different perspectives: smart factory, smart industry and smart environment. Covering technologies including the Internet of Things (IoT), cloud, artificial intelligence (AI), mobility, 5G and big data analytics, the book shows how enterprises can take advantage of them and ultimately beat the competition. The book considers the importance of operational processes, business models and organisational culture. The contributing authors and editors, based at Corvinus University, present a multidimensional picture of Industry 4.0 which is both diverse in its voices and unified in its vision. Smart Business and Digital Transformation meets the growing demand for a textbook that not only presents the latest concepts and theories but is also practical for planning, managing and implementing digital transformation in practice. The chapters include case studies to demonstrate the practical applications, and each chapter ends with review and discussion questions to develop students’ skills and competencies. Students of business and digital transformation on advanced undergraduate and MBA courses will find it an indispensable guide to a vibrant and challenging topic.

Smart Financial Market: AI and the Future of Banking

Smart Financial Market: AI and the Future of Banking
Author: Pritam Mehta
Publisher: Centre for Academic Research and Excellence
Total Pages: 419
Release: 2024-08-25
Genre: Law
ISBN: 8197530882

Smart Financial Market: AI and the Future of Banking offers a comprehensive exploration of how artificial intelligence is transforming the financial industry. This essential read covers critical topics such as FinTech innovations, robo-advising, and evolving payment methods. The book is a collaboration of experts, including engineers, professors, law students, and bank managers, ensuring that the content is both authoritative and up-to-date with the current landscape. Delving into the intersection of technology and finance, this book provides readers with insights into the latest AI-driven solutions that are reshaping banking services. From the rise of FinTech startups disrupting traditional banking models to the advent of robo-advisors offering personalized financial guidance, this book examines how AI is creating new opportunities and challenges within the financial sector.

Plant Intelligent Automation and Digital Transformation

Plant Intelligent Automation and Digital Transformation
Author: Swapan Basu
Publisher: Academic Press
Total Pages: 570
Release: 2022-10-28
Genre: Technology & Engineering
ISBN: 0323902472

Plant Intelligent Automation and Digital Transformation: Process and Factory Automation is an expansive four volume collection reviewing every major aspect of the intelligent automation and digital transformation of power, process and manufacturing plants, from the specific control and automation systems pertinent to various power process plants through manufacturing and factory automation systems. This volume introduces the foundations of automation control theory, networking practices and communication for power, process and manufacturing plants considered as integrated digital systems. In addition, it discusses Distributed control System (DCS) for Closed loop controls system (CLCS) and PLC based systems for Open loop control systems (OLCS) and factory automation. This book provides in-depth guidance on functional and design details pertinent to each of the control types referenced above, along with the installation and commissioning of control systems. - Introduces the foundations of control systems, networking and industrial data communications for power, process and manufacturing plant automation - Reviews core functions, design details and optimized configurations of plant digital control systems - Addresses advanced process control for digital control systems (inclusive of software implementations) - Provides guidance for installation commissioning of control systems in working plants