ICT in Banks: Core Services, Workload Types, Cloud Technologies, and Mainframes

ICT IN BANKS

Core business services offered
by a bank
 Banks usually provide various customers with various services
that are financial in nature and which help people in managing
their lives
 Various types of services that are provided by the banks include
individual banking, banks provide a huge range of services in
order to assist people in the process of managing their finances
such as checking their accounts, debit and credit cards, savings
accounts, management of insurance and wealth.
 Various types of business banking have various categories, these
include loans for business, checking their accounts, debit as well
as credit cards, savings accounts, merchant services and
treasury services.

Bank’s needs for ICT workload
types
 For the prospective of banks they need to employ numerous
staffs in order to provide their services.
 Examples of the way banks utilize ICT batch workload types
include Automated Teller Machine (Hon & Millard, 2016)
 It operates a network of automated teller machine, the ATMs can
be used for the purpose of withdraw cash, cheque an account
balance, order a particular statement or print a particular mini
statement, order a particular cheque book.