Abstract
Financial institutions like banks make extensive use of information systems and information technology, but they are risk-averse and slow to adopt new technology. In this paper, we explore how the new paradigm of object-oriented analysis and design can be used to advantage in banking information systems. We identify the similarities among the different financial instruments offered by banks and then exploit these similarities in a proposal for an object-oriented approach to banking information systems. We discuss the need for a migration strategy to minimize the risk of adopting the new technology.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
