Introduction……………………………………………………………………3
American International Bank background………………………………3
Analysis AIB of the issues……………………………………………………3
- No sound integrated information technology system……………………………………3
- No communication tools between branches ……………………………………………4
Recommendation for AIB……………………………………………………4
Upgrading information technology system………………………………………4
-Database management system…………………………………………………………4
-Vendor technology product solutions for AIB- Database Management System by Sybase……5
-Customer Relationship Management System……………………………………………5
-Vendor technology product solutions for AIB- CRM System by selesforce.com……………6
-Communication network………………………………………………………………7
-Vendor technology product solutions for AIB- Communication Network by Cisco…………7
The Project period……………………………………………………………8
-Arrange team ………………………………………………………………………8
-Select Vendor………………………………………………………………………8
-Install software and Adjustment………………………………………………………8
-Completely imitate in oversea branches………………………………………………9
-Training……………………………………………………………………………9
-Time Table of the project……………………………………………………………10
Conclusion……………………………………………………………………10
References………………………………………………………………………11
Introduction
Information technology system is a really important sector for banks. There are several benefits can get from bank as follows. Not only can it speed up operation, but increase reliability in bank industry as well. Also, information technology can reduce the cost significantly from world wide networking. These days, if a bank doesn’t have a sound information system, it might be hard to compete in this aggressive market; which means an information technology system becomes a necessary element in banking industry.
American International Bank background
American International Bank (AIB), a major money center bank, focuses on wholesale banking service. The American International Bank has eleven branches worldwide and its headquarters is
References: [1] Nicolaou, A.. (2010). Integrated information systems and transparency in business reporting. International Journal of Disclosure and Governance, 7(3), 216-226. Retrieved August 10, 2010, from ABI/INFORM Global. (Document ID: 2094347091). [2] Laudon, K.C., Laudon, J. P. (2007) Management information systems. Pearson (11th. ed.) [3] Chagarlamudi, M. [7] INTERNATIONAL Business Machines Corp. (2009 , Jul) Carrefour signs $251Mn contract with IBM. EmergingMarketsNOW. p10-10, 1p. Retrieved August 10,2010,fromBusiness Source [8] http://www.salesforce.com/customers/ [10] Mason, A. (2002, Jan) VPNs and VPN technologies. Cisco.com . Retrieved from http://www.ciscopress.com/articles/article.asp?p=24833