role of IT in business

1. IT IN BUSINESS
ANAM SHAHID

2. IT IN BUSINESS SECTOR
 New software and programs are enacting as a
helping hand for the businessmen.
 It has also decreased the manpower required
to ensemble the whole data in bigger
companies and organization.

3. Banking Software
 Banking software is enterprise software that is
used by the banking industry. Typically
banking software refers to Core Banking
Software and its interfaces that allows
commercial banks to connect to other modular
software and to the interbank networks. It can
also refer to the trading software used by
investment banks to access capital markets.

4. Temenos T24 (T24)
 Temenos T24 (T24) is a complete front- to
back-office, CRM and product lifecycle
management software platform that powers
core banking operations.
 Best selling banking software.
 For 24/7 banking system

5. Characteristics of T24
T24 has an unrivalled track record worldwide in:
 Reducing the cost of ownership
 Enhancing productivity
 Mitigating risk
 Expanding channels-to-market
 Lowering costs
 Improving customer service
 Optimizing up-sell and cross-sell opportunities
 Driving growth
 Boosting profitability

6. T24 for Islamic Banking
 Designed specifically for Islamic Banks
 Single core banking system
 Shari’a compliant and commercially flexible
 Handles Islamic and non-Islamic financial
services

7. T24 for Corporate & Wholesale
Banking
 Cash management – set up rules to globally to
maximize the return on surplus liquidity
 Corporate lending - full rapid, cost-efficient and
precise lifecycle management of lending process
 Syndicated lending - complete management of
syndications, throughout life of loans
 Trade finance - supporting complex trade
finance structures
 Delinquency management - monitors, ages and
manages your customer repayment obligations

8. T24 Private Wealth
Management
 Dramatically reduces time to market of new products
and services
 Enables your business to grow more rapidly while
keeping IT costs low
 Excellence in client experience via 360-degree client
view
 Fully supports latest generation of client-facing
systems
 Significantly reduces admin burden of regulation by
automating compliance tasks and offering a real-
time, integrated view of your business

9. T24 for Microfinance
 Start-up model, pre-built model bank with
configured products and services
 Quick implementation; additional modules can
be selected and added
 Ability to set your own rates, terms, conditions
and product delivery mix
 Software as a Service (SaaS) deployment
option, saving up front IT costs