Management Information Systems: Interconnected Divisions and Data Warehousing in Deutsche Bank

This article discusses the interconnected divisions of Deutsche Bank, including corporate banking and security, global transaction banking, and more. It also explores the role of data warehousing in the bank and provides recommendations for big data solutions. Additionally, it summarizes the latest report of Deutsche Bank and the implications of GDPR data protection legislation on information handling and security.

Management Information
Systems
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................5
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INTRODUCTION
Management information system is determined as a system which is based on computer that
focuses on providing different kind of facility to management team of business organisation. It is
considered as a procedure which is liable for collecting, organising information that is relevant
and useful in achieving competitive edge over rival firm in the market. To understand concept
related to managing information system, the organisation is taken named as Deutsche Bank. It is
determined as a leading international banking which is located around the world. This company
this was established in year of 1870 and having around 2000 branches across the globe. This
report provide discussion regarding various division which are interconnected with one another
and also offer organisation chart as well as data flow diagram in order to analyse dependence of
every unit of organisation during particular phase of time period. They also provide description
regarding various forms of data, and they provide recommendation regarding solution related to
different data and information. In addition to this, there is also decision regarding GDPR and
data protection legislation that is linked with information handling and it security (Beynon-
Davies, 2020).
Overview of organisation
Deutsche Bank is determined as a leading International Organisation provides services
around the globe. There are different kinds of infrastructure functions that are executed by
administration team.
The mission of Deutsche Bank is to provide superior quality services to its customer in
order to satisfy them.
In addition to this, the Vision of Deutsche Bank is to achieve leading position around the
world
MAIN BODY
Describe how different business divisions of Deutsche Bank is interrelated. Also provide
organisation chart as well as data flow diagrams to symbolize dependence of each of business
units to one another
There are different division of Deutsche Bank that are interconnected with one another
such as corporate banking and its security, global transaction banking and many more that is
going to be mentioned below:
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Corporate banking & security signifies market as well as corporate finance organisation
and also cover origination of group of bank and marketing of security in addition with activities
of business finance. Their main purpose is to provide effective banking facilities to its customer
for satisfying their need and wants at marketplace. In addition to this, they also provide facilities
related to marketing of securities which will be helpful for bank in order to increase their
services in future period of time. This is the division of bank provide different kinds of services
to its client in order to satisfy them. It is helpful in increasing coordinating various functions
related to banking during particular phase of time period. There are different types of division of
banking interconnected with one another that is useful in performing various functions related to
bank in an appropriate manner (Rainer, Prince and Watson, 2017).
Global transaction banking this division provide different kind of facility that involve
domestic & also related to payment across border, financing global trade and also provide
different kind of services related to cash administration, trade finance and many more. They also
focus on providing allowance to client to appropriately manage commercial & its business need.
Deutsche Bank is determined as a German International investment bank provides services
related to finance across the globe. The main purpose is to provide different kind of facility that
is helpful in providing different kind of facility to its user during particular phase of time period
(Williamson and Johanson, 2017).
Deutsche Asset & Wealth Management: The management team of bank focuses on
increasing responsibility towards corporate finance such as they are responsible to provide
advisory services and its merger& acquisition. Private &commercial bank payment is a retail
banking related to Deutsche Bank in Germany. In addition to this, they focus on execute their
business under different brand. They also operate their company in Italy, Spain and many more.
Therefore, the administration function is determined as a private banking and provides services
related to net worth during particular phase of time period. It is useful in managing various
functions and operations of company to perform their functions in an appropriate manner. And,
the primal purpose of bank is to provide advisory services to client for motivating them to
perform facilities during particular phase of time period (Tomaszewski, 2020).
Private& Business Clients: The corporate division offers branch banking as well as
financial services provided to private user in order to implement various task in an appropriate
manner. The PBC branch provide network that include 1821 branches within Germany, Spain,
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Poland & China. In addition to this, the corporate division perform work in above 3000 financial
advisors. Cooperation agreement along with partners like Deutsche Vermogensberatung AG
(DVAG) within Germany as well as services related to finance provide division of post office in
Italy offer access to group of clients. Therefore, the chosen bank provides financial services to its
user for satisfying them. It aids assistance in retaining customer for a longer period of time.
The Non-Core Operations Unit: This unit was established with purpose to assists banks
to decrease risk linked with assets of capital-intensive that is not core to strategy, that decrease
capital demand & as per previous announcement of strategy, the objective is to set NCOU to
increase external transparency related to known noncore position that help in enhancing focus of
organisation by separating noncore activity and their target is to reducing risk during particular
phase of time period. Thus, the chosen bank focuses on adopting this system in order to reduce
level of risk that is helpful in conducting different task in an appropriate manner. It is helpful in
increase level of experience of customer in respect of services provided by bank.
Therefore, there are different division of Deutsche Bank that are interconnected with one
another such as corporate banking and its security, global transaction banking and many more.
Describe various forms and role of data warehousing within Deutsche Bank. Assess current
Information Systems and offer recommendations to board of directors regarding big data
solutions.
The data warehousing is considered as a procedure for gathering and handling data from
different source to offer meaningful conclusion. It is typically adopted to connect and assess data
of organisation from different sources (Cook, 2017). Thus, there are different types of data
warehousing that is adopted by bank which is going to be mentioned below:
Enterprise data warehouse is determined as a centralized warehouse. It offers support
services related to taking decisions within an organisation. It provides unified method for
implement and characterized data. In addition to this, they offered capability to classify
information as per subject and also give access as per division. Therefore, Deutsche Bank uses
enterprise data warehousing (EDW) in order to organise & characterize data.
Operational data store it is also known as (ODS) it provides support towards reporting
need of business organisation. It is preferred for routine activities such as store& record data
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related to employees. Therefore, this system is used by bank for maintaining record of
subordinate during particular phase of time period.
Data mart it is determined as a subset of data warehouse. It is designed for specific
Business Line like sales, finance and many more. It is considered as an independent data mart
through which data is collected directly from specific source. Thus, the Deutsche Bank is
adopted data mart in order to collect information which is useful for conducting different task in
proper way.
The data warehousing is useful for analysis of quality of prevailing data by deriving
proper information. In current time, the bank have integrated ample of data from organisation
and now they focuses on turning data& information into money. The data warehousing plays an
important role within bank. It is considered as a system that store information from organisation
operational database and external sources. The platforms related to data warehouse is differ from
various operational database because they focus on storing historical data that makes it simple
for leader to assess data for a specific time period. Therefore, the data warehousing plays an
important role within business organisation that is going to be mentioned below:
 It helps the management team of Deutsche Bank to store data from operational database of
company and through external source. It provides platform related to data warehouse that
help in storing historical data and information that is easier for leader to assess data for a
specific time period.
 The role of data warehouse is very important in analysing quality of available data and
information during particular phase of time period. It is also helpful in turning data and
information into money during the period of time period or that is considered as a big
opportunity for organisation.
 The data warehousing is used by individual person to adopt systematic approach that help in
taking decisions during particular phase of time period (Skidmore, 2017).
 The manager of Deutsche Bank focuses on having data warehousing in order to implement
simple technology that help in accessing data and information during the period of time.
There are different kinds of recommendations that are offered to board of director in respect
of big data solution that is going to be mentioned below:
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It is important for the management team of business organisation to emphasize on strategy
related to big data that provide efforts that help in increasing business value. For this process,
they adopt strategy related to customer analytics for offering outcomes along with better services
to its user during particular phase of time period. The primary goal of organisation is not to
understand user but also focuses on maintaining relationship with user during the particular
phase of time period. The larger Data Analytics provide insight from larger data that is
significant in this type of relationship (Rebelo, Santos and Silva, 2016).
Business priorities, skill and investment are other condition which can be considered by
top management of organisation. As, market matured, the organisation is able to select between
analytical tools, at similar time, the focus is on dealing with shortage related to analytical skill
that is necessary for resolving problem of data during particular phase of time period.
The management team of Deutsche Bank can also focuses on adopting latest technology for
accessing data in timely manner that is helpful in taking decisions during the period of time
(Lyytinen, Yoo and Boland, 2016). Apart from this, there are various advantages and
disadvantages of data warehousing system that is going to be mentioned below:
Benefits of data warehousing
 Data warehousing provide allowance to business users to access important data from
different sources within one place. It is helpful or advantageous for chosen Bank to assess
important data in timely manner.
 Data warehousing offer consistent information on different cross-functional operations. It
provides support to ad-hoc reporting as well as query.
 Data warehousing aids assistance to integrate different source of data that help in
decreasing stress on production system. Therefore, the chosen bank focuses on
integrating different sources related to information that is helpful in production system.
 Data warehousing helps in decreasing overall turnaround time that help in assessing &
reporting in an appropriate manner. It is also helpful in saving user time for retrieving
data from different sources.
In addition to this, there are different kinds of disadvantages of data warehousing that is
going to be mentioned below:
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 It is not considered as an ideal option or method for formless data. In addition to this, in
order to generate &execute data warehousing, it is taken time that is determined as a main
disadvantage for organisation.
 Data warehousing is outdated quickly that is not useful for organisation. In addition to
this, it is difficult or complex to bring changes in indexes, queries, range of data and
many more (Lange, Mendling and Recker, 2016).
Describe information from latest report of Deutsche Bank & the new GDPR data protection
legislation, provide summary regarding ethical, legal and professional implications linked with
information handling & its security.
Deutsche Bank is determined as a leading international banking which is located around the
world. This company this was established in year of 1870 and having around 2000 branches
across the globe. Thus, there are various types of information by using latest report of
Deutsche bank that is going to be mentioned below:
 The CEO of Deutsche Bank an emphasized on restructuring within 2021, not for merger.
In addition to this, the Tata Consultancy focuses on buying technology of Deutsche Bank
during particular phase of time period.
 The bank focuses on setting year of 2022 as deadline for technology migration related to
post bank system. Deutsche Bank is determined as existing user related to TCS and run
Bancs software suite during the particular phase of time period.
 The SP group along with Barclays focuses on raising fund within Deutsche Bank. This
group is determined as a procedure of rearranging finance, involving restructuring of loan
along with Indian leader.
In addition to latest report of bank, it is necessary for them adopt new GDPR data protection
legislation that is going to be mentioned below:
The GDPR relies upon European parliament in year of 2016 that is replaced by data
protection in year of 2018 as a primary law regulating how organisation provide protection to
EU citizen and their personal data during particular phase of time period. The data Protection
Act 2018 focuses on implementing a framework related to law of data protection in UK. It
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updates & replaced data Protection Act 1998. It is implement alongside and also provide
supplement to GDPR of UK. For instance, by offering exemption
In addition to this, GDPR is considered as a most important act related to legislation that is
passed by EU in current time. It is introduced for data protection around the single market and
provides individual person a growing digital economy that has a control on how personal
information is adopted during particular phase of time period (Wolny, Dawidowicz and Zróbek,
2017). Therefore, there are different kind of principle which is adopted by the UK GDPR such as
data minimization, accuracy, accountability, integrity, confidentiality and many more. In
assistance of this, it is determined as a world strongest set related to data protection rules that
increases how individual person can access data & information regarding them and also put limit
on what company can perform their work along with personal data. The GDPR includes 99
individual articles during particular phase of time period. There are various principle related to
GDPR which must be followed by determining such as data minimization it is determined as a
new but it is regular to be used because it is significant in generating more detailed information
then even before. It is helpful in assessing minimum data which is used for fulfilling goal and
objective in timely manner. In addition to this, integrity and security it is considered as a
principles of data Protection Act. And, it is a determined as a best practice for protecting data &
information during particular phase of time period (Ajjan, Kumar and Subramaniam, 2016).
Apart from this, there are various types of ethical, legal as well as professional implication
connected by security of information that is adopted by chosen bank which is going to be
mentioned below:
Information system made organisation successful now a days. There are different kinds of
company who do not exist without having effective information system. For inappropriate
reduction of Information Technology can generate different kind of problems for company and
its employees. Criminals can use information related to credit card that results in financial lose to
owner of card as well as to financial institute. There are different type of ethical issues which is
arise within organisations such as hacking, fraud, copyright and many more. It is necessary to
handle these kinds of issues which are arising within organisation during particular phase of time
period.
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There are different types of security which is used by bank in order to handle information
system in an appropriate manner. Confidentiality is helpful in protecting information that is
capable to restrict data and information of individual person that is recorded in bank during
particular phase of time period. Therefore, it is necessary to increase confidentiality in order to
secure information system during the period of time. In addition to this, integrity is also
providing assurance that information is represents that clarify what is intended. And, information
availability is considered as a third part that is helpful in handling information security during
particular phase of time period. The availability signifies information must be accessed as well as
modified by any individual person in an appropriate time frame. There are various tools which
are used for information system security such as authentication, encryption and many more
(Waschull, Wortmann and Bokhorst, 2018).
CONCLUSION
On the basis of above given discussion, it is assess that management information system
is a system which is based on computer and emphasised on providing different kind of facility to
management team of business organisation. It is considered as a procedure which is liable for
collecting, organising information that is relevant and useful in achieving competitive edge over
rival firm in the market. In this report, there is a discussion regarding various divisions which are
interconnected with one another and also offer organisation chart as well as data flow diagram in
order to analyse dependence of every unit of organisation during particular phase of time period.
They also provide description regarding various forms of data, and they provide recommendation
regarding solution related to different data and information. In addition to this, there is also
decision regarding GDPR and data protection legislation that is linked with information handling
and it security.
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REFERENCES
Books & Journals
Ajjan, H., Kumar, R.L. and Subramaniam, C., 2016. Information technology portfolio
management implementation: a case study. Journal of Enterprise Information Management.
Beynon-Davies, P., 2020. Business information systems. Red Globe Press.
Cook, M., 2017. The management of information from archives. Routledge.
Lange, M., Mendling, J. and Recker, J., 2016. An empirical analysis of the factors and measures
of Enterprise Architecture Management success. European Journal of Information
Systems, 25(5), pp.411-431.
Lyytinen, K., Yoo, Y. and Boland Jr, R.J., 2016. Digital product innovation within four classes
of innovation networks. Information Systems Journal, 26(1), pp.47-75.
Rainer, K., Prince, B. and Watson, H., 2017. Management Information Systems: moving business
forward. John Wiley & Sons.
Rebelo, M.F., Santos, G. and Silva, R., 2016. Integration of management systems: Towards a
sustained success and development of organizations. Journal of Cleaner Production, 127, pp.96-
111.
Skidmore, A. ed., 2017. Environmental modelling with GIS and remote sensing. CRC Press.
Tomaszewski, B., 2020. Geographic information systems (GIS) for disaster management.
Routledge.
Waschull, S., Wortmann, J.C. and Bokhorst, J.A., 2018, August. Manufacturing execution
systems: the next level of automated control or of shop-floor support?. In Ifip International
Conference On Advances In Production Management Systems (pp. 386-393). Springer, Cham.
Williamson, K. and Johanson, G. eds., 2017. Research methods: Information, systems, and
contexts. Chandos Publishing.
Wolny, A., Dawidowicz, A. and Zróbek, R., 2017. Identification of the spatial causes of urban
sprawl with the use of land information systems and GIS tools. Bulletin of Geography. Socio-
economic Series, 35(35), p.111.
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