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Reviews of Banking Software Solutions

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0% found this document useful (0 votes)
39 views19 pages

Reviews of Banking Software Solutions

Uploaded by

mitkarishreya32
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

1. James A. DiLellio and Mark J.

Keeley: "A Comprehensive Review of Core Banking


Systems" (2016): This review delves into core banking systems, which form the
backbone of banking operations. It likely explores various aspects such as functionality,
scalability, integration capabilities, and customization options available in core banking
software. DiLellio and Keeley may discuss challenges associated with core banking
system implementation and migration, as well as emerging trends shaping the future of
these systems.
2. Jagdish Pathak and Yugal Kishore Joshi: "A Review on Various Software for
Banking Systems" (2018): Pathak and Joshi's review likely provides an overview of
different types of software utilized in banking systems, covering core banking systems,
CRM platforms, AML solutions, cybersecurity tools, and more. They may examine the
features, benefits, and challenges of each software category, as well as trends in software
adoption within the banking industry.
3. Giovanni Battista Masala, Alessandra Cincotti, and Antonella Monina: "A Review
on Software Architectures for Risk Management in Banking Systems" (2019): This
review focuses on software architectures specifically designed for risk management in
banking systems. Masala, Cincotti, and Monina likely discuss different architectural
approaches, such as centralized versus distributed architectures, and their implications for
risk management effectiveness and scalability. They may also explore how emerging
technologies like AI and blockchain are integrated into risk management software.
4. Paulo Cortez, Miguel Rocha, and José Neves: "A Review of Data Mining Techniques
for Risk Management in Banking" (2009): This review concentrates on data mining
techniques applied to risk management in banking. Cortez, Rocha, and Neves likely
discuss various data mining algorithms and methodologies used for credit scoring, fraud
detection, and risk modeling in banking. They may evaluate the strengths and limitations
of different techniques and their practical implications for risk management in financial
institutions.
5. Eric Biernat, Rui Esteves, and Diogo Neiva: "Digital Banking Platforms: A Review
and Future Directions" (2020): Biernat, Esteves, and Neiva's review explores digital
banking platforms, which encompass online banking portals, mobile banking apps, and
other digital channels. They likely analyze the features, user experience, security
measures, and integration capabilities of digital banking platforms. Additionally, they
may discuss emerging trends such as open banking and the impact of digital
transformation on traditional banking services.
6. Himani Soni and Rajesh Kumar Bawa: "A Review on Digital Banking and its
Impact on Banking Industry" (2020): Soni and Bawa likely examine the impact of
digital banking on the banking industry, including changes in customer behavior,
operational efficiency, and competitive dynamics. They may discuss the benefits and
challenges of digital banking adoption for both banks and customers, as well as strategies
for successful digital transformation in the financial sector.
7. Nadine LeBlanc and Michael B. Power: "A Review of Anti-Money Laundering and
Regulatory Compliance Software in the Banking Sector" (2018): LeBlanc and
Power's review focuses on anti-money laundering (AML) and regulatory compliance
software used in the banking sector. They likely evaluate the effectiveness of different
AML software solutions in detecting and preventing financial crimes, as well as their
compliance with regulatory requirements such as KYC (Know Your Customer) and AML
regulations.
8. Anamika Gupta and Dr. P. K. Mishra: "A Review on Regulatory Compliance
Solutions for Banking Industry" (2017): Gupta and Mishra's review likely provides an
overview of regulatory compliance solutions tailored for the banking industry. They may
discuss the regulatory landscape governing financial institutions, key compliance
challenges faced by banks, and the role of technology in automating compliance
processes and ensuring regulatory adherence.
9. Sai Lokesh Kamineni and Narayana Rao Maddela: "A Study on Customer
Relationship Management in Banking Sector with Special Reference to SBI Bank"
(2020): Kamineni and Maddela likely conduct a study on customer relationship
management (CRM) practices in the banking sector, with a specific focus on the State
Bank of India (SBI). They may examine CRM strategies, tools, and technologies used by
SBI and evaluate their effectiveness in enhancing customer satisfaction, loyalty, and
retention.
10. Nigel Croft and Ray Abbott: "A Review of Software Solutions for Mobile Banking
Security" (2014): Croft and Abbott's review focuses on software solutions designed to
enhance security in mobile banking applications. They likely analyze various security
mechanisms such as encryption, biometrics, and multi-factor authentication implemented
in mobile banking software. Additionally, they may discuss emerging threats and
vulnerabilities in mobile banking environments and strategies for mitigating security
risks.
The multinational technology corporation Oracle Corporation is well-known for offering a wide
range of enterprise services, cloud apps, and software and hardware solutions. Founded in 1977
by Ed Oates, Bob Miner, and Larry Ellison, Oracle has expanded to become one of the biggest
and most significant technological firms in the world.
Oracle's primary goal is to give companies the technology and tools they need to efficiently
manage and optimize their operations. Database management systems, cloud infrastructure,
customer relationship management (CRM) solutions, and enterprise resource planning (ERP)
software are just a few of the many goods and services that the company provides. The
foundation of many enterprises' data management requirements, Oracle's database software,
especially its flagship product Oracle Database, is widely recognized as one of the most potent
and dependable in the business. Oracle offers hardware solutions as well as software, including
servers and storage systems, which are intended to work in tandem with its software products to
improve performance and scalability.
Oracle has shifted its emphasis to cloud computing in recent years and now provides an
extensive range of infrastructure services and cloud-based applications. Oracle's move toward the
cloud is a reflection of its dedication to remaining at the forefront of technical innovation and
satisfying its clients' changing needs in an increasingly digital environment.
With its long history of invention, knowledge, and worldwide presence, Oracle has shaped
enterprise technology for decades and is still a major force in enabling businesses all over the
world to prosper in the digital era.

Uses of oracle softwear

1. Database Management: Oracle Database is one of the most widely used relational
database management systems (RDBMS) globally. It is utilized for storing, managing,
and retrieving data efficiently. Many businesses rely on Oracle Database for their
mission-critical applications and systems.
2. Enterprise Resource Planning (ERP): Oracle offers a suite of ERP software solutions
that integrate various business processes such as finance, human resources, supply chain
management, and procurement. These ERP systems help organizations streamline
operations, improve efficiency, and make informed decisions based on real-time data.
3. Customer Relationship Management (CRM): Oracle provides CRM software that
helps businesses manage customer interactions, sales processes, marketing campaigns,
and customer service activities. Oracle CRM solutions enable organizations to better
understand their customers, enhance customer satisfaction, and drive sales growth.
4. Human Capital Management (HCM): Oracle's HCM software assists organizations in
managing their workforce effectively, including aspects such as recruitment, talent
management, payroll, benefits administration, and employee development. It helps
businesses optimize their human resources processes and improve employee engagement
and productivity.
5. Supply Chain Management (SCM): Oracle SCM software enables businesses to
manage their supply chain operations efficiently, including inventory management,
procurement, logistics, and order fulfillment. It helps organizations streamline their
supply chain processes, reduce costs, and enhance customer satisfaction by ensuring
timely delivery of goods and services.
6. Business Intelligence and Analytics: Oracle offers business intelligence and analytics
software that allows organizations to analyze and visualize their data, gain insights, and
make data-driven decisions. These solutions help businesses identify trends, patterns, and
opportunities, leading to improved performance and competitiveness.
7. Cloud Infrastructure and Services: Oracle provides cloud infrastructure services,
including compute, storage, networking, and security, as well as platform services such as
databases, applications, and development tools. Organizations leverage Oracle Cloud to
deploy and run their applications and services in a scalable, secure, and cost-effective
manner.
8. Industry-Specific Solutions: Oracle develops industry-specific software solutions
tailored to the needs of specific sectors such as healthcare, retail, manufacturing, financial
services, and telecommunications. These solutions address the unique challenges and
requirements of each industry, helping businesses achieve their goals more effectively.
Installing Oracle Database
To install the Oracle database on your computer, you need to download the installer
from the download page of the Oracle website.

After having the installation files which are in ZIP format, you need to extract them into
a specific folder on your computer.

The following picture shows the structure of the folder of the Oracle installation files
after extraction.

Now you need to double-click the [Link] file to start the installation process. There
will be 9 steps that mostly automatically execute.

Step 1. The installer asks you to provide your email address to get the latest security
issues and updates. You can ignore it by clicking the Next button:
Because I didn’t provide the email address, the Oracle database installer confirm it, you
just need to click the No button to continue.

Step 2. In step 2, the Oracle installer asks you whether you want to create and configure
a database, install database software only, or just upgrade an existing database. Because
you install the Oracle database for the first time, choose option 1 and click the Next
button.
Step 3. The installer allows you to choose the system class. Because you install Oracle
on your computer, not a server, therefore, you choose the first option: desktop-class
and click the Next button.
Step 4. This step allows you to specify the Windows user account to install and
configure Oracle Home for enhanced security. Choose the third option: “Use Windows
Built-in Account”.
Step 5. in this step you can (1) choose the folder on which Oracle database will be
installed, (2) Global database name and password, (3) pluggable database name.
Step 6. The installer performs the prerequisite check.
Step 7. The installer shows you the summary of the information such as global settings,
database information, etc. You need to review the information and click the install
button if everything is fine.
Step 8. The installer starts installing the Oracle database. It will take a few minutes to
complete, depending on your computer.
You will see the Database Configuration Assistant window. Click the Password
management… button to enter the password for Oracle database accounts.
Enter the password for SYS and SYSTEM accounts and then click the OK button.
Step 9. Once installation completes successfully, the installer will inform you as shown
in the following screenshot. Click the Close button to close the window.

Connecting to Oracle Database


First, launch the SQL developer application provided by the Oracle Database.

Second, right-click the connections node and choose New Connection … menu item to
create a new connection.
Third, enter the information that you provided during the installation process as shown
in the following screenshot. Click the Connect button to connect to the Oracle Database.

SQL Developer will display all objects as shown below.

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