scholarly journals Core Banking System Scalability Review

2021 ◽  
Vol 6 (1) ◽  
pp. 64-71
Author(s):  
Achmad Fakhrudin ◽  
Heru P. Ipung ◽  
Mohamad Amin Soetomo ◽  
Charles Lim
Keyword(s):  
Enterprise Architecture ◽  
Banking System ◽  
Digital Transformation ◽  
Third Parties ◽  
Core System ◽  
Server Side ◽  
The Core ◽  
Banking Strategy

In carrying out the digital transformation, bank has to find their optimal routes to exploit the Open Banking opportunity and minimize or manage any threat. However open Banking models will be making implication on the increasingly hit from the external parties. It will be new and more unpredictable data volumes as third parties request access to the banking system. Bank has to prepare their Banking system on the Enterprise Architecture, and one of the concerns is on the scalability. For the traditional core banking system, the platform of mainframe and other legacy technology could remain the bottleneck to agility and scalability. In this paper, scalability testing and analysis are carried out to verify whether the traditional banking core system running on the power platform can be scalable to support open banking strategy. The results found were that the core banking system could be scalable, but needed a lot of enhancement on the core banking application side, as well as capacity upgrading on the server side.

scholarly journals A method for transforming knowledge discovery metamodel to ArchiMate models

2021 ◽  
Author(s):  
Ricardo Pérez-Castillo ◽  
Andrea Delgado ◽  
Francisco Ruiz ◽  
Virginia Bacigalupe ◽  
Mario Piattini
Keyword(s):  
Information Systems ◽  
Knowledge Discovery ◽  
Model Transformation ◽  
Enterprise Architecture ◽  
Common Knowledge ◽  
Source Code ◽  
Digital Transformation ◽  
Knowledge Repository ◽  
The Core ◽  
Architecture Modelling

AbstractEnterprise architecture has become an important driver to facilitate digital transformation in companies, since it allows to manage IT and business in a holistic and integrated manner by establishing connections among technology concerns and strategical/motivational ones. Enterprise architecture modelling is critical to accurately represent business and their IT assets in combination. This modelling is important when companies start to manage their enterprise architecture, but also when it is remodelled so that the enterprise architecture is realigned in a changing world. Enterprise architecture is commonly modelled by few experts in a manual way, which is error-prone and time-consuming and makes continuous realignment difficult. In contrast, other enterprise architecture modelling proposal automatically analyses some artefacts like source code, databases, services, etc. Previous automated modelling proposals focus on the analysis of individual artefacts with isolated transformations toward ArchiMate or other enterprise architecture notations and/or frameworks. We propose the usage of Knowledge Discovery Metamodel (KDM) to represent all the intermediate information retrieved from information systems’ artefacts, which is then transformed into ArchiMate models. Thus, the core contribution of this paper is the model transformation between KDM and ArchiMate metamodels. The main implication of this proposal is that ArchiMate models are automatically generated from a common knowledge repository. Thereby, the relationships between different-nature artefacts can be exploited to get more complete and accurate enterprise architecture representations.

What face familiarity feelings say about the lateralization of specific entities within the core system

2019 ◽  
Vol 42 ◽  
Author(s):  
Guido Gainotti
Keyword(s):  
Temporal Lobe ◽  
Memory System ◽  
Core System ◽  
The Core ◽  
Memory Traces ◽  
Specific Memory ◽  
Target Article ◽  
Temporal Structures ◽  
The Right

Abstract The target article carefully describes the memory system, centered on the temporal lobe that builds specific memory traces. It does not, however, mention the laterality effects that exist within this system. This commentary briefly surveys evidence showing that clear asymmetries exist within the temporal lobe structures subserving the core system and that the right temporal structures mainly underpin face familiarity feelings.

Risk Assessment of Core Banking System Replacement based on ISACA Framework

2014 ◽  
Vol 1 (1) ◽  
pp. 35-45
Author(s):  
Fenty Simanjuntak ◽  
Bobby Suryajaya
Keyword(s):  
Risk Assessment ◽  
Banking System ◽  
Residual Risk ◽  
Project Teams ◽  
Third Party ◽  
Project Delivery ◽  
Business Growth ◽  
Regulatory Requirements ◽  
The Core ◽  
Medium Risk

Many banks are looking for a better core banking system to support their business growth with a more efficient and flexible core banking system to improve their sales and services in the competitive market and to fulfill regulatory requirements. The decision of replacing the legacy core banking system is difficult due to the high IT investment cost required for banks because they are also trying to cut costs. But maintaining the legacy system is costly in terms of upgrade. Changing the core banking system is also a difficult process and increases risks. To have a successful Core Banking System implementation, risk assessment is required to be performed prior to starting any activities. The assessment can help project teams to identify the risks and then to mitigate the risks as part of the plan. In this research the Core Banking System replacement risks were assessed based on ISACA Framework for IT Risk. Fourteen risk scenarios related to Core Banking System Replacement were identified. The high and medium rated inherent risks can become medium and low residual risk after assessment by putting the relevant control in place. The result proves that by adding mitigation plan it will help to mitigate the Residual Risk to become low risk. There are still three residual risk which categorized as medium risk and should be further mitigated they are Software Implementation, Project Delivery and Selection/Performance of Third Party Suppliers. It is also found that COBIT 5 has considered some specific process capabilities that can be used to improve the processes to mitigate the medium risks.

A survey of some FORTRAN implementations of the Core System

1978 ◽  
Vol 12 (4) ◽  
pp. 67-73 ◽  
Author(s):  
Peter Bono ◽  
Margaret Polisher
Keyword(s):  
Core System ◽  
The Core

Digital Transformation in the Age of Covid

ITNOW ◽  
2021 ◽  
Vol 63 (2) ◽  
pp. 52-53
Author(s):  
Mivy James
Keyword(s):  
Enterprise Architecture ◽  
Digital Transformation

Abstract Mivy James FBCS, Digital Transformation Director at BAE Systems Applied Intelligence, talks to Johanna Hamilton AMBCS about change, enterprise architecture and the long overdue rise of #ImmodestWomen.

scholarly journals From eLearning to Digital Transformation: A Framework and Implications for L&D

2016 ◽  
Vol 9 (2) ◽  
pp. 27 ◽  
Author(s):  
Sabine Seufert ◽  
Christoph Meier
Keyword(s):  
Human Resource Development ◽  
Human Resource ◽  
Corporate Training ◽  
Resource Development ◽  
Digital Transformation ◽  
Learning Processes ◽  
Organizational Level ◽  
The Core ◽  
Learning Function ◽  
Business Engineering

<p class="Abstract">How can the learning function (L&amp;D) support learning and innovation at the level of an entire organization in times of digital transformation? The core challenges in this are twofold: 1) Competence clarification: What are relevant “digital competences” in terms of knowledge, skills and attitudes that employees need in order to cope with digital transformation? 2) Competence development: How to organize, design and support learning processes contributing to digital competences and digital transformation?</p>Building on a framework originating in the context of business engineering and applying it to corporate training and human resource development, we explicate what digital transformation implies for the L&amp;D function. As L&amp;D functions explore and exploit the options sketched out, they live digital transformation in a way that enables them to effectively and efficiently contribute to digital transformation at an organizational level.

scholarly journals A method and a model framework for planning R&D changes in manufacturing enterprises

2021 ◽  
Vol 16 (91) ◽  
pp. 59-68
Author(s):  
Olga V. Stoianova ◽  
◽  
Valeriia D. Moskaleva ◽  
Keyword(s):  
Enterprise Architecture ◽  
Quantitative Estimation ◽  
Digital Transformation ◽  
Model Framework ◽  
Stakeholder Satisfaction ◽  
Manufacturing Enterprises ◽  
Industrial Enterprises ◽  
Number Of Factors ◽  
Planning Methods ◽  
Transformation Processes

This paper presents a method and a model framework for R&D changes planning in manufacturing enterprises, implementing digital transformation projects. The relevance of development of such method is evident because of growing number of factors, influencing the decision-making process and simultaneously the complexity of such influence estimation increases. Classical changes planning methods in such cases do not ensure required level of estimation objectivity and credibility. The objects of research are industrial enterprises, actively engaged in research, design and engineering. The subject of research are methods and models for R&D process changes planning in context of digital transformation endeavors, being implemented in the companies. The research objective is to develop a R&D process planning method, enabling to account for corporate changes, related to digital transformation processes. The proposed method is based on the analysis of the discrepancies between the actual enterprise architecture and the target one and search for possible solution to rectify these discrepancies. For quantitative estimation of the changes, an integral indicator "stakeholder satisfaction level" is proposed. This indicator is calculated using a set of models (a model framework), those preparation and application sequence is defined by the considered method. The paper describes the concept of the method, the problems, being solved within each stage, tools used and final outcomes. The example of planning R&D changes in manufacturing enterprise illustrates the method in work and provides for better understanding of the concepts, presented in the paper.

scholarly journals Perkembangan Bank Syariah PAsca UU 21 Tahun 2008

2012 ◽  
Vol 12 (1) ◽  
pp. 43
Author(s):  
Luhur Prasetiyo
Keyword(s):  
Banking System ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Core System ◽  
Over Time

<em>Islamic banking system still grows continuously over time in various countries, including Indonesia. Although it was a bit late, if it was compared to another, Islamic banking system began to develop in Indonesia in the early 1990’s. At that time, Islamic banking, however, was still running with its all characteristics based on the rule without adequate law. Islamic banking began to be recognized legally as the legalization of UU Perbankan 1992, and it was followed by its deregulation in 1998, and Islamic banking in Indonesia finally got its full legality after legalization of UU Perbankan Syariah in 2008. UU Perbankan Syariah as a new law certainly has significance for the development of Islamic banking in Indonesia. Based on the BI statistics, Islamic banks, especially Bank Umum Syariah after legalization of UU Perbankan Syariah, has been growing significantly, among in the number of banks, total assets, and total financing. Unfortunately, the growth of PLS (profit and loss sharing) doesn’t occupy a significant position in total financing of Islamic banks, whereas PLS is core system in Islamic banking.</em>

MODERN TRENDS IN THE DEVELOPMENT OF THE GLOBAL BANKING SECTOR

2021 ◽  
Vol 2 (11) ◽  
pp. 143-149
Author(s):  
Natalia Yu. Lebedeva ◽  
◽  
Kheda M. Musayeva ◽  
Georgy O. Berkaev ◽  
◽  
...  
Keyword(s):  
Information Technologies ◽  
Banking Sector ◽  
Banking System ◽  
Digital Transformation ◽  
Financial Products ◽  
Global Banking ◽  
The World ◽  
The Creation ◽  
Widespread Dissemination

The article is devoted to the development of the global banking sector in the context of the digital transformation of the economy, the introduction of platform solutions and the creation of ecosystems that provide the client with a range of financial and non-financial products and services. The author highlights the trends and directions of development of the banking sector, among which many researchers and econo-mists note the presence of facts that are directly related to the conditions of modern social and state develop-ment. A set of trends in the development of the world banking system is proposed, which is directly related to the processes of digitalization of society and the widespread dissemination of information technologies.

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