Design And Realization Of The Bank For International Settlement System

With the computer technology and network technology’s increasing development,information processing and transmission has exceeded the limitations of geography and time. Originated from globalization and networking development, e-commerce has become the world’s major trading methods. But whether it is a traditional business or e-commerce, banks have been playing an important role in connecting the two parties,responsible for the transaction security of funds and goods, and taking on the role of the settlementThis paper aims to introduce international settlement software design and planning methods, describes the system design principles and system functions, indicating why the system is most advanced. It elaborates on how to design and implement business functions, and explains the TD software development methods.This paper introduces framework, planning, development and design of International Settlements software. It also elaborated the detailed design of each individual component, summarized the technical features of this system. This system has been developed from European International Settlements software which has been used by more than seventy banks currently. This system provides a domestic solution to international Settlements software based upon the past application experience. This system is widely appreciated by many clients. This paper is primarily focusing on the common tasks needed to be accomplished for International Settlement Software used by domestic banks by analyzing the successful stories of multiple banks who are using International Settlements software.First of all, this paper analyzes the business demand for the International Settlements software, and articulates what need to be done and the ultimate goal that the International Settlement software should achieve from business process perspectives. It elaborates the physical operations from supervision, packets, and business processes perspectives, emphasizes the analysis of the types of credit, credit factors, as well as credit risk management and control of business processes. It provides a detailed analysisof physical operation such as the letter of credit issuing, payment, etc.It mainly introduces system framework, Trade Design outline, workflow and description of business systems layout. A design planning and the flow of business process have been proposed, at the same time a detail work flow has been introduced through the flow chart.As for business support, platform provides comprehensive business process service to meet domestic application need, which inherently combines settlement, clearing,trade finance, foreign exchange, etc., and achieves high automation in the regards of business data, business message, image documents and other information. In the mean time, more features can be added to the current system seamlessly through rapid development.As for business support, platform provides comprehensive business process service to meet domestic application need, which inherently combines settlement, clearing,trade finance, foreign exchange, etc., and achieves high automation in the regards of business data, business message, image documents and other information. In the mean time, more features can be added to the current system seamlessly through rapid development.International business system described herein is developed to meet strict requirements constantly raised by regulatory authorities dealing with international trade and multiple requirements set by banks such as cost awareness, risk management improvement, and many other aspects. This research paper mainly describes the planning and implementation of specific systems, summarizes the technical focus. This system is the most advanced in the banking industry, but also to be used in many large commercial banks. Through analysis of this paper, I hope it can provide a reference for future international settlement business.