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GREEN PARK MARKET PHASE 2 NEW DELHI- 16

Axis Bank, previously called UTI Bank, was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. hold a special position in the Indian capital markets and has promoted many leading financial institutions in the country. The bank changed its name to Axis Bank in April 2007 to avoid confusion with other unrelated entities with similar name Shikha Sharma was named as the bank's managing director and CEO on 20 April 2009

Management of people wealth making it possible for millions to enjoy life Caring for your MONEY Satisfaction of the concerned clients

1. CARDS

2. Corporate banking

Gold plus & gold card Silver plus & silver card

Normal current Accounts Trust/NGO saving Accounts

3. LOANS & ADVANCES


Personal loan Housing loan Cards Consumer durables Auto loan

An information system(IS) is typically considered to be a set of interrelated elements or components that collect(input), manipulate(processes), and disseminate (output) data and information and provide a feedback mechanism to meet an objective

Axis Bank has implemented a new derivatives system Summit FT

provided by MISYS, it is a global financial applications provider


The system will provide the bank with the ability to structure derivative products in real time, reduce time to market, and give a single view of the entire transaction to the customer. The RBI favours transparent online systems that can track every transaction and report it exactly as it is

An Information System is an organized combination of people, hardware, software, communication networks and the data resources that collects, transforms and disseminates information in a organization

A software system for derivatives valuation and risk management has been adopted & implemented i.e. RISKOMPASS provided by pyxis system, basically a pune based company that provide on net solution for different bank in India as well in world. Supporting the industry standard FpML (Financial Product Markup Language) protocol, it can manage valuation and risk management of a broad range of derivatives instruments.

Employees Corporate databases of internal data Databases of external data Corporate intranet Decision support systems Executive support systems

Business transactions

Transaction processing systems

Databases of valid transactions

Management information systems

Application databases

Operational databases

Drill-down reports Exception reports Demand reports Key-indicator reports

Expert systems

Input and error list

Scheduled reports

The implementation will provide the bank with an automated system that reduces manual effort to streamline its operations The benefit envisaged by the bank is that everybody being on the same system it can be accessed by anyone on the different locations of the bank The solution will result in smoother deal processing, with verifying and online risk monitoring mechanism. The solution is on a .NET platform, and will operate on the Windows operating system The database employed is Oracle 9i

Earlier Manullay DMS-2000-2001 From 2006

A management information system (MIS)is a subset of the overall internal controls of a business covering the application of people, documents, technology and procedures by management accountants to solving the business problems such as costing a product, service or a business wide strategy.

To provide the type of information environment that will integrate the basic operating functions.
To provide management with access to information relative to complex activities in decentralized organizations.

Management Services.
Coordinating Funds activity between banks and their clients.
Pick-up and processing cheques / Drafts / Documents from clients. Back office support for Bank clearances and to expedite remittances.

Follow-up with correspondent banks to expedite the early clearance of cheques and remittances against the same.
Follow-up with your correspondent banks for old outstanding amount of up country cheques sent for clearance.

Management Services.
Specialized collection of cheque and tracking of same and reporting at the frequency mentioned by the client. Collection of Duplicate DDs against the lost / mutilated or time barred instruments. Bulk cheque processing. Processing & Encoding of clearing cheques. Data Processing, Reconciliation & Data Management. High quality scanning assignments Verification & Processing of insurance proposal forms.

Other Services
Management of DROP BOXES and complete process of collections including MIS Reporting. Delivery and tracking of documents/bills to customers. Verification, physical as well as telephonic of addresses and details of new subscribers.

Complete handling of IPOs i.e. collection of subscription form from syndicates, data entry of the forms and encoding of cheques.

Completely handled around 15-20 IPOs like IGL, GAIL, ONG PTC,TCS, NTPC etc as a team member of Kotak Mahindra Bank, IDBI, Standard Chartered bank etc.

Verification of the details of the prospective clients for teleco companies.

Timeliness Accuracy Consistency Completeness Relevance

Axis Bank is in advanced stages of beta testing a new method of using java enabled mobile phones to make payments. After this mobile payment method is implemented, users can swipe their mobile phone and conduct various transactions, which were earlier possible using the credit cards. Atom Technologies innovated a technology, which will enable mobile payments. Atom card- a product developed by the company and the accompanying software can embed a user's credit card data

ECS Credit is an electronic clearing system that facilitates paperless transaction through an offline system. Axis Bank facilitates ECS Credit at all ECS designated locations

To establish an Electronic Funds Transfer System to facilitate an efficient, secure , economical, reliable and expeditious system of funds transfer and clearing in the banking sector throughout India. E.g. fund transfer for railway E-ticket & Flight E- ticket

RTGS System is a payment settlement system that minimizes the credit risk in the prevalent cheque clearing system. Under RTGS the funds are settled on a near real time basis across Banks in different locations. Bank offers this immediate electronic fund transfer facility to RTGS enabled bank branches across through the country its designated RTGS enabled locations.

EBS (E-Billing Solutions) is the Merchant Account providing company partnered with Axis Bank that visualizes you how to become more competitive and help you to make the changes to your online payment processing for risk free business.

Step 1: Customer select and adds item in the shopping cart And places the order on your (merchant) website.
Step 2: Customer selects to pay via credit card . Step 3: Customer is redirected through EBS Payment Gateway to Transaction Processing Bank.

Step 4: Customer enters credit card details on Secured Payment page.


Step 5: Credit card information is transmitted securely to the corresponding bank for approval.

Step 6: Corresponding bank sends appropriate information to the transaction Processing bank.

Step 7: The result is forwarded to EBS (via the Transaction Processing Bank).
Step 8: Customer receives a confirmation and is redirected to your (merchant) website.

We provide comprehensive MIS reports like daily report, transaction report future credits reports and cheque returned unpaid report. On the payments side we provide daily paid statu for the demand drafts, cheques or warrants issued by your Organization.

Scheduled reports
Produced periodically, or on a schedule (daily, weekly,

monthly)

Key-indicator report
Summarizes the previous days critical activities Typically available at the beginning of each day

Demand report
Gives certain information at a managers request

Exception report
Automatically produced when a situation is unusual or

requires management action

Presented by:
Pratosh pandey Preeti kukreja Ravi sahu vineet

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