BANKING MANAGEMENT ONLINE MODEL
The globalization of finance market as well as products have forced monetary institutions to have an organized knowledge-based model that is efficient in managing banking operations. This paper proposes a Model for efficient Bank Management. The Bank Management System allows maintainance of an account in a bank. In this paper a study of functionality of a Bank Account Management System is discussed in order to gain better understanding of technical features offered by banks. Every organization needs to define and manage requirements to ensure customer needs are met, while proving compliance and staying on the schedule. Thus a knowledge management model will allow incorporating all processes so as to permit various features effectively. The model thus proposed encompasses knowledge creation, its retention as well as enabling sharing of how each element can be integrated in enhancing the quality of banking operations. This paper presents Bank management as an extension of Knowledge Management. This paper is relevant in current scenario as market is highly demanding today and if an organization wants to have a competitive edge, it must manage its assets well.