Location
Addis Ababa University, Ethiopia
Start Date
2-8-2019 3:30 PM
End Date
2-8-2019 5:00 PM
Description
Technology makes life easy. People contact banks in their day to day life activity. And also the banks are committed to serve their customers with the help of currently advanced technology. The aim of a bank is to give consistent and satisfactory banking services for the customers. The use of advanced technology in banking requires sophisticated knowledge of the technology and expertise and a large number of employees are required for implementation and management of that system.
Cloud computing makes easy the management of IT infrastructure and the bank sector systems. Cloud service providers provide three basic types of services: infrastructure as a service, software as a service and platform as a service. In a cloud environment, there are concerns in the security and confidentiality of the data placed at the cloud.
The main purpose of the study is design the cloud computing architecture for Dashen bank, which will reduce the labor need for managing IT infrastructure and system and enhance the use of technology with the required security verification.
The study focused on designing aspects of cloud computing. The study used interview, observation and document analysis to gather the data. The interview was conducted on the selected department and employee of the bank. The observation was at the data center of the Dashen bank using a checklist. All the required data was collected from the head quarter of Dashen bank.
The study revealed the management of the bank recognized the potential benefit of cloud computing and has started dealing with companies like Microsoft and IBM to adopt the technology. However, because of the absence of regulatory framework and security concerns, immediate adoption of cloud computing tend to difficult. Future researcher needs to focus on assessing and developing an appropriate security system for bank sector. In addition, appropriate policy and procedure needs to be crafted by the regulatory body like NBE and MICT.
Included in
Designing cloud computing architecture for bank industry the case of Dashen bank
Addis Ababa University, Ethiopia
Technology makes life easy. People contact banks in their day to day life activity. And also the banks are committed to serve their customers with the help of currently advanced technology. The aim of a bank is to give consistent and satisfactory banking services for the customers. The use of advanced technology in banking requires sophisticated knowledge of the technology and expertise and a large number of employees are required for implementation and management of that system.
Cloud computing makes easy the management of IT infrastructure and the bank sector systems. Cloud service providers provide three basic types of services: infrastructure as a service, software as a service and platform as a service. In a cloud environment, there are concerns in the security and confidentiality of the data placed at the cloud.
The main purpose of the study is design the cloud computing architecture for Dashen bank, which will reduce the labor need for managing IT infrastructure and system and enhance the use of technology with the required security verification.
The study focused on designing aspects of cloud computing. The study used interview, observation and document analysis to gather the data. The interview was conducted on the selected department and employee of the bank. The observation was at the data center of the Dashen bank using a checklist. All the required data was collected from the head quarter of Dashen bank.
The study revealed the management of the bank recognized the potential benefit of cloud computing and has started dealing with companies like Microsoft and IBM to adopt the technology. However, because of the absence of regulatory framework and security concerns, immediate adoption of cloud computing tend to difficult. Future researcher needs to focus on assessing and developing an appropriate security system for bank sector. In addition, appropriate policy and procedure needs to be crafted by the regulatory body like NBE and MICT.
