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The Case Study of Collin's ATM System

   

Added on  2021-04-21

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Running head: COLLIN’S ATM SYSTEMCollin’s ATM SystemName of the Student:Name of the University:Author note
The Case Study of Collin's ATM System_1

1COLLIN’S ATM SYSTEMTable of ContentsSystem Vision Document...........................................................................................................2Problem description...............................................................................................................2System Capabilities................................................................................................................3Business Benefits...................................................................................................................3Stakeholder Map........................................................................................................................4Resources Required....................................................................................................................4Risk involved in the Collin’ ATM System................................................................................5Reference....................................................................................................................................6
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2COLLIN’S ATM SYSTEMSystem Vision DocumentProblem descriptionThe current scenario of the given situation is such that the Collin’s banking systemhave proposed the construction of the Collin’s ATM system to facilitate the bankingprocedure and provide the consumers hassle free transaction with the bank. Moreover, theATM serves one person at a time (Narteh, 2015). The Collin’s ATM system proposes easytransaction activities to the consumers such that it would fulfil the banking service need ofthe consumers. The ATM was proposed to provide the facility to the customers such that theywould easily withdraw money from the bank without visiting the bank. Moreover, the ATM’sexisting in the market often suffers system failure or network problems. The link failure inthe ATM system creates havoc for the consumers in need. Keeping these failures cases, theCollin’s ATM system keeps a regular check on the network and system such that the failurecases can be avoided. Moreover, the numbers of ATM booths were also less thus; expansionof the business would gain immense profits to the business (Agrawal & Jain, 2013).However, the security issues are a matter of concern as the data are vulnerable to get leakedor hacked. It is also difficult for the people to clearly understand the banking process, thus theCollin’s ATM provides much simpler banking approach. The ATM also does not pose a limitto the amount that can be withdrawn or deposited in a particular account. The Collin’s ATM requires a scanner that would scan the ATM card, then after thePIN would be asked and verified with the bank. A keyboard shall be required for the humanmachine interaction. Moreover, the bank requires a slot for the cash deposition and well asfor cash withdrawal (Agwu & Carter, 2018). The ATM also needs a printer with the help ofwhich the history of the transaction could be printed. A monitor is also provided that displaysthe balance on the screen to facilitate the purpose of balance checking. A strong network
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