The services for bank and financial are undergoing dramatic change following the increased daily usage of the Internet for performing tasks.Moving away from traditional ＾brick and mortar￣ institutions, all businesses are competing on value and service by leveraging technology to reduce operating costs and to support a range of convenient, automated services.The FDIC reported approximately 3,000 websites a few years ago with only 500 of those offering interactive banking functions.The trend continues upward and the IDC estimates the number of financial institutions offering online banking services to increase beyond 15,000 by 2003.
Project Background: The services for bank and financial are undergoing dramatic change following the increased daily usage of the Internet for performing tasks.Moving away from traditional ＾brick and mortar￣ institutions, all businesses are competing on value and service by leveraging technology to reduce operating costs and to support a range of convenient, automated services.The FDIC reported approximately 3,000 websites a few years ago with only 500 of those offering interactive banking functions.The trend continues upward and the IDC estimates the number of financial institutions offering online banking services to increase beyond 15,000 by 2003.
Major functions:
Publish bank real-time portal information
Manage different types of personal and enterprise accounts
Check, download, print detailed account information and transaction history
Automatic one time and scheduled fund transferring
Automatic one time and scheduled bill payment
Submit and maintenance account information
Calculate different types of loan
Publish dynamic exchange rate information
Customer complain and self-service
Multi-languages switch
Key benefits:
Reduce overall costs
Increase customer satisfaction and retention
Expand product offerings and identify new services
Extend geographic reach
System Features:
Manual and automatic review opening account application
Fully integrated with core banking system (JHA-Jack henry)
Multi-tiers structure, good expansibility and maintainability
Very flexible and convenient management
High secured network solution
Security:
Multi-level hardware firewall and IDS devices
Based on 128 bit data encryption and SSL
CA certification based on X.509 standard
Completed daily system security records management and review
Platform & System Requirements:
Network infrastructure: TCP/IP based network environment
Server machine: Unix, Linux
Database: Oracle , DB2, MS SQL Server
Application server machine: IBM Websphere, Weblogic
