STANDARD CHARTERED BANK MANAGEMENT

The Standard Chartered Group was formed in 1869 through a merger of two banks. The standard chartered bank of south africa founded in 1863, & the chartered bank of India, australia, china, founded in 1853.

As its operations came under threat from nationalization programmes in the countries in which it was present in the 1970s, the bank sought expansion in developed countries, particularly the USA.

Standard chatered bank (pakistan) limited is pakistans oldest & largest foreign bank with over 150 branches in the country. The history of standard chartered bank in pakistan date back to 1863, when the Chartered Bank of India, Australia and China first established its operations in karachi.

MAIN SERVICES OF STANDARD CHARTERED

Consumer Banking - Standard chartered provide Mortgages, Credit Cards, Personal Loans, Auto Loans, Islamic banking, and Wealth Management products. - In order to maximize customer convenience, they offer 24-hour Phone Banking, eStatements, SMS Banking, ATM Cards and VISA Debit Cards, as well as Online Banking and state of the art branches.

WHOLESALE BANKING: - Wholesale banking provides Transactional banking, Debt Capital Markets, Corporate Finance ,Derivatives & Fx Options, Commodity Finance and deposit products.

ISLAMIC BANKING - Standard Chartered Saadiq's dedicated Islamic Banking team provides comprehensive international banking services and a wide range of Shariah compliant financial products that are based on Islamic values.

MAIN OBJECTIVES OF STANDARD CHARTERED

Standard Chartered Bank is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Treasury, Consumer Banking and Corporate and Institutional Banking.

Their main objective is to offer outstanding value to their customers by providing knowledgeable, efficient and reliable service in a personal, helpful and responsive manner. Central to this service philosophy is the professional consultative approach they take with each customer.

INFORMATION SYSTEM IN STANDARD CHARTERED

As standard chartered started their business in Pakistan in 2006 so as such there is no Pre-IS era of standard chartered bank in Pakistan. They are using IT since the start of their business in Pakistan.

Now in standard chartered with the help of IS the daily transactions are recorded in branch computers and these branch computers are then connected to the main head office server so in this way they keep their daily process update on daily basis.

As Time is money, and due to IS standard chartered bank make thousands of transactions per day. In fact, IS makes whole process much more quick, simple and reliable. Due to IS employees can easily connect with other branches, customer service get improved, online banking emerged and lot of others benefits.

Standard Chartered Online is an innovative Online Banking service that you can tailor to suit your precise banking needs. It gives you convenient, round-the-clock banking services ranging from day-to-day account transfer transactions to real-time valuable financial information.Now you can manage your finances anytime, anywhere.

ORGANIZATION COMPUTING RESOURCES

SOFTWARE RESOURCES -Following softwares are used for the functioning of our information system and organization. APPLICATION SOFTWARE - Following application softwares are used in our organization and functioning of our information system; Microsoft Office. NOD32 Anti-Virus. Adobe Reader.

SYSTEM SOFTWARE Following application softwares are used in our organization & functioning of our information system. Operating system Windows 2003 server from mainframe.

HARDWARE SOFTWARE Following hardware resources are required for the functionality of IS and organization Personnel computer Hp printer Networking cards Currency counter Coin counter HP digital scanner Dell maniframe.

Conclusion & framework

Conclusion - A management information system is a system or process that provides the information necessary to manage an organization effectively. - MIS and the information it generates are generally considered essential components of prudent and reasonable business decisions.