Computer Software and Barclays Bank Essay

Submitted By Titas
Words: 815
Pages: 4
Open Document
Software
Software –the programs and other operating information used by a computer. Software programs provide a range of tools that support the operation and management of a computer system. Software programs are widely used in all business especially service sectors such as hotels, shops, flight companies, banks and etc. Surely Barclays bank is using software programs as well. First of all Barclays software has to be absolutely safe because bank is responsible for customer’s money. Also it has to be easy managed because a wide range of people are using it. So let’s talk about what programs Barclays bank is using:
The main operating system which is used in Barclays bank is Linux software. Barclays bank chose to use Linux because it is cheaper and easy to use to Barclay’s employees. Bank sad that bank cuts its software development costs by 90%. Using Linux reduces the reliance on operating systems from suppliers such as Microsoft and Oracle and the licence fees required for their use. So Linux software has strong impact on a Barclays bank because they can perform all banks operations and save money at the same time.
Online banking – there is no doubt that this innovation has strong impact on all banks, including Barclays, success. The biggest advantage of online banking that you can access your account from anywhere. If you're on a business trip or vacation, you can still manage your money and financial transactions. By the way you have twenty-four-hour access. When your bank is closed you can still access your account and make transactions online. It's a very convenient alternative for those that can't get to the bank during normal hours because of their work, health or any other reason. Online banking saves a lot of time because you don’t have to go to the bank and wait in line. Also it has many features such as applying for loan or insurance, review interest rates and etc.
Mobile banking – this program is similar to online banking, but I would say it even more handy. Not many of us have computers when we go for a walk but almost everyone has mobile phones. So people have 24 hours access to their bank account from everywhere. But I want to mention that mobile banking has less features. For example you cannot apply for a loan.
Contactless payment – this innovation can be used for purchases under £20. It makes payment faster and easier to use because you don’t need to enter a PIN. So all of these software innovations make Barclays bank more accessible for all customers. Customers really value what is simple and convenient for them.

Business Information system – it is a collection of interrelated components that work together towards a collective goal. It involves organisation, technology and people. So over here we are going to talk about Barclays bank. We will explain the key differences between the common types of business information systems.
Management information system (MIS) – this information system supports decision-making activities. Barclays bank is really important to know who is their customer, what is their financial past, even how much they earn. This information is especially important
Show More

Related Documents: Computer Software and Barclays Bank Essay

Business Reforms Essay

In this assignment I will be looking at the main physical and technological resources required in the operation of Barclays. Firstly I will be describing the main physical resources of Barclays then after this I will be looking at the technological resources used within my organization. Physical resources are what the business needs to maintain in order to carry out its activities. They include things like the buildings, facilities, plant and machinery. Management of physical resources involves…

Words 1723 - Pages 7

Barclaycard Essay

representing a 21.2% increase. The same period i.e. 2001 to 2003 therefore saw an increase in profit on ordinary activities before tax of 41.6% to stand at £691m. Source: www.barclaycard.co.uk Given that Barclaycard is a part of the greater Barclays Plc and is split into domestic (UK) Barclaycard and Global Barclaycard, it is difficult to refute the case document figures as they can be computed in a vast number of ways. What is…

Words 11744 - Pages 47

VBL Journal 3 Essays

started his career might be satisfied with recognition from the management and if he gets rewarded monetarily then it just boosts up his confidence and loyalty towards his organization. I remember working for my erstwhile employer Standard Chartered Bank, where I was highly motivated by my boss Mr. Mandar Kadam. Even though the incentive structure was not that great, we would still achieve the branch target comfortably, this was due to the motivation of my boss who we could count upon on anything.…

Words 1181 - Pages 5

Computer Security and Sony Data Breach Essay

Information Systems for Management: BUSI 502 Subject Matter: Sony Reels from Multiple Hacker Attacks Sony’s PSN Hackers’ Incident New Cost Estimates for the Hacking Incident General data breach issues. According to Osawa (2011), costs associated with the 2011 Sony data breach involving Sony Corp.’s online videogame are over a billion dollars as it takes steps to repair its customers’ base and protect its customers. Nobuo Kurahashi, as Mizuho Investors Security analyst maintained that…

Words 3507 - Pages 15

Mobile Payment Essay example

PAYMENT STAKEHOLDERS The deployment process of mobile payment involves various stakeholders, these stakeholders includes i. Consumers ii. Merchants iii. Mobile Network Operators iv. Mobile device manufactures v. Financial institutions and banks vi. Software and technology providers vii. Government ‘’Each player has different incentives and strategies. Sometimes these interests and strategies between different players may be in conflict e.g., the telecommunications network provider would like…

Words 4751 - Pages 20

History And Use Of Biometrics

descriptions to tell who were the trusted traders of successful transactions and those new to the marketplace. Today biometrics is the use of both physiological and behavioral sciences to identify and secure work sites that are critical to the ways we bank and do business. Biometrics has been used for identification and through the years has changed to secure important papers and even our identities and workplaces Figure 1 hand print in cave drawing (Hitchcock, 2013) The first known uses of biometrics…

Words 2954 - Pages 12

Marketing and Business Essay

activities of different businesses have been incorporated into internet marketing. Internet Marketing The role of Internet Marketing within a Modern Marketing Context Nowadays technology is developing, as a result more people are starting to use computers more often to shop online, surf the web ECT… and because of this, internet marketing is undertaking an ever greater role in businesses. For example the statistic showed that in the UK alone, internet shopping continues and is growing, where in 2006…

Words 7001 - Pages 29

Overstock.com Essay

results for certain products dropped in Google rankings.[20][21] In 2013, Overstock began promoting increased immigration. Overstock president Jonathan Johnson told the Los Angeles Times that his firm had struggled to hire enough computer programmers and software developers to expand the…

Words 2902 - Pages 12

Business: Luxury Good and Global Consumer Trends Essay

Top 10 Global Consumer Trends For 2014 Daphne Kasriel-Alexander Not to be reproduced without permission TOP 10 GLOBAL CONSUMER TRENDS FOR 2014 Daphne Kasriel-Alexander Consumers Editor at Euromonitor International CONNECT WITH US © EUROMONITOR INTERNATION A L 2 0 1 3 CONTENTS 1 INTEREST AND PURCHASE: A NARROWING GAP The fit between impulse shopping and being online Turning followers into buyers In tune with culture, generation and the right time to buy Appealing…

Words 8819 - Pages 36

Capital Structure And Firm Performance

MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITY --- oOo --- HUỲNH ANH KIỆT CAPITAL STRUCTURE AND FIRM PERFORMANCE: CASE STUDY: LISTED COMPANIES IN HOCHIMINH STOCK EXCHANGE MASTER THESIS Ho Chi Minh City – 2010 MINISTRY OF EDUCATION AND TRAINING UNIVERSITY OF ECONOMICS HOCHIMINH CITY --- oOo --- HUỲNH ANH KIỆT CAPITAL STRUCTURE AND FIRM PERFORMANCE: CASE STUDY: LISTED COMPANIES IN HOCHIMINH STOCK EXCHANGE MAJOR: BUSINESS ADMINISTRATION MAJOR CODE: 60…

Words 21138 - Pages 85