Online Banking System of

AB Bank Limited
 Company Background
AB Bank Limited, the first private sector bank
- started its operation with effect from April 12, 1982.
- 78 Branches
- 2005 MISYS implementation was taken-up and in the 1st
Phase seven branches were upgraded to the new core
banking system.
IT Division at a glance
Business developed after Online
Implementation: Year 2009
Total assets of the bank stood at Taka 10,691.20 crore
(growth of 27%) while total capital crossed the threshold
and reached the level of Taka 1,079.0 crore at the year
end. Key business areas registered significant growth
which ultimately resulted in a bottom line (PAT) growth of
over 46 percent compared to last year. EPS stood at
Taka 131.13 showing a growth of 46 percent over last
year as well.
 IT Infrastructure
The different elements of online infrastructure of
AB Bank can be distributed into the following
categories—
-Network Management
-Hardware Management
-Data centre Maintenance
-Mail & Internet Support
-Branch Support
-Desktop Application Support
 Network Management
-Faultmanagement
-Accounting management
-Configuration management
-Security management
-Performance Management
Banking Software Support
AB Bank Limited incorporated
several notable core banking
software, provided by Misys PLC,
a leading multinational software
company providing software
solutions and services to financial
and healthcare sectors.
 Banking Software Support
EBS (Equation Banking System)
EBA (Equation Branch Automation)
TI (Trade Innovation)
Bangladesh Bank Software
Other Software
 ANALYSIS & FINDINGS

1) STRENGTHS
-Unique Web Location
-Cheap than traditional
-Very wide area coverage
-Less time limits
-Personalized services
-Reduced customer service cost
-Fast transaction processing
-Easy to manage by banks
-Multifunctional for banks
 2) WEAKNESSES
-Costly to develop and upgrade
-Operational risk due to weaknesses in system designing
-Non-enforceability of contracts
-Sometimes compromise on data quality especially of
qualitative data
-Reputation risk due to nonfunctioning or poor functioning
than competitors
-Technical staff needed to troubles shoot problems and to
maintain effectively
-Chances of unauthorized data alteration
-More organizational commitment needed
-Unavailability of self ATM Booth
3) OPPORUNITIES
-Continual stress on international trade
-Rapid internet boom in country
-Improving infrastructure
-Outsourcing of jobs
-Wireless technological advancement
4) THREATS
-Security risks of hacking systems.
-Risk of fraud and cyber crimes.
-Legal risks due to uncertainty of information
-Competitors can easily copy
- Continual need of up gradation.
-Season/weather can also influence the electronic
banking
 Recommendations
-Core Centralized Banking Solution
-Implementation of proper project planning
-Approved ICT Policy
-Proper project planning
-Training on sensitive IT activities
-Insurance of all sensitive Hardware & software
-An integrated single solution across all
- Standard Data Center
Thanks