Operations And Functional Partitions

Running Header: LITERATURE REVIEW 1
LITERATURE REVIEW
Name
Institution
Date

LITERATURE REVIEW 2
The speedy globalization and high market competition, has made it difficult for
businesses to stay relevant without enhancing business services. Hence, numerous banking
sectors have recognised the role of technology for their institution’s success and have
considered implanting advanced information technology in their strategic goals. Today,
technology is observed as the spinal column which enables communication between people and
banking institutions. It is considered as a dependable channel to counter to the vibrant changes
in the in the banking sector. Additionally , it can be a successful method way to cut costs, and
improve quality of services. Banks seek to work together and advance their services through
incorporation. On the other hand, this integration may lead to different complications between
banking institutions as they have diverse systems IT infrastructures. Brac Bank has incorporated
three major IT model in the structure.
E-BANKING
The rapid growth in the banking sector has led to incorporation of new technologies to
update their services and have competitive edge. While banking transactions has been conducted
through physical bank outlets, the advancement of information technology has empowered
financial institutions to open new networks to offer customers with high and flexible services.
E-banking was introduced by Brac Bank in early 2000’s this has made it possible for the bank
customers transact through ATM,telephone banking,Tablet banki,mobile banking credit and
debit cards
ArchiMate

LITERATURE REVIEW 2
ArchiMate independent and open modelling language used in business architecture,
reinforced by various tool vendors as well as consulting firms. The system offers tool to support
business architects in defining, examining and visualizing link among diverse architecture fields
in an clear-cut way.ArchiMate shows a clear set of ideas within and connections between
architecture fields, and provide a uniform and simple structure for defining the subjects of these
system.
ArchiMate provide a common language for defining the construction as well as operation of:
 Organizational structures
 Business processes
 IT System
 Technical infrastructure.
 Information flow
This insight assist shareholders to design, evaluate, and communicate the outcome of decisions
as well as changes between these industry domains.