FA diagrammatic representation of the architecture is given below.
The principles on which this architecture is built are:
- Processing high volume of data with scalability and continuous availability.
- Separation of application services from data management and user interfaces through layered multi-tiered information access to data warehouse.
- Inter-operation of application components through message-based architecture.
- Platform-independence of application services
- Flexibility for migrations.
The Architectural feature of the solution is described as under.
- All day-to-day branch operations or transactions shall be covered by Branch Brick, which will have most of the functional coverage of a branch; such as opening of Account, Financial Transactions at branches, Back Office Management, Account Opening and Maintenance etc.
- The financial transactions at these branches shall be routed to the destination branch thereby providing Any Branch Banking (ABB) by using the SYNC Brick.
- All financial and operational activities in the branch are consolidated at the H.O. in the form of Banks GL and other operational controls. In addition to this, control activities such as interest rate changes, launch of new products, procedural and regulatory changes are managed and controlled by HO Brick.
- While the HO Brick is taking care of the GL and other HO operational activities, a separate centralized data repository gets automatically built for regulatory and MIS reporting. This is achieved by gathering periodically incremental updates from the branches and HO seamlessly. MIS Brick also provides a platform that the bank can use for its future decision support systems and customer cross-selling.
- This entire Banking operations can be accessed, reviewed and operated by an integrated Touch Bricks, which supports various delivery channels like Kiosk, Telebanking, ATM, Mobile Phones, Internet Banking etc.
|
Bank Bricks - Core Banking 
