Banking Business Transaction Monitoring

What is you get an Alert about Banking services notas well as technology changes to computer hardware
working but when you check, you find its working.and system software. Many of these efforts are
How about putting is place a system that is 100%embodied in ITIL implementation initiatives. These
guaranteed, No False Alerts!!initiatives do not give you visibility into business impact
Today, more than ever, Banking companies rely on ITof IT, either positive or negative.
to deliver enhanced service to customers. WhileMain reason is because of the focus on traditional
technology-based solutions have many advantages, ittechnical infrastructure components, rather than a
is important to understand how business transactionscomplete understanding and focus on business
are constructed and implemented with technologytransactions. This results in information that is
components. How does your business improve withinteresting for technologists, rather than valuable to the
IT? how can IT add to the business goal of Bankingbusiness as a whole.
Company directly.Upon understanding IT application transactions and their
Retail banking Transaction monitoringrelationship to business transactions has a number of
Internet banking transaction monitoringadvantages. Instead of reporting availability of a
Payment transaction monitoringparticular processor, server, disk array, network
ATM transaction monitoringcomponent, application or Java virtual machine you will
CRM transaction monitoringbe able to report the performance and availability of
Acquiring customers in Banking is competitive andthe transactions comprising the quotes, claims, billing,
expensive. This creates a very large opportunity for ITclaims or payments.
to directly partner with the business to be successful.IT professionals are under tremendous pressure to
For example:ensure satisfaction of Business, Internal Customers and
Customer is online and has checked the Balance. NextExternal Customers. They work hard and are usually
step was to transfer the balance to other accountunder appreciated.
linked with the bank. However, the Customer is unableOur solution will move you close to Business, Internal
to complete the ‘Next Step' due to various reasonsCustomers and External Customers.
like• How are you able to prioritize emergency work
Last Mile Connectivitywithout business transaction data?
Refresh or timed out page• When you are in problem-resolution mode, do you
Delay by web tierhave the data needed to communicate the business
Scalability issuesimpact of a service outage?
IT infrastructure issues• Are you able to communicate the financial impact
For example:to the company of a particular business application that
You have online payment option or bank transferis not available to your IT staff?
option. When Customer clicks on these options aEnsure the testing company you have chosen has
business transaction takes place. What if transactionimplemented Banking Business transaction
drops midway and does not complete? Can you findmanagement for reputed Banking companies, APM
the root cause and fix it?combined with real-time detection for IT components
Typically IT ensures that infrastructure and networkcomprising business transactions, is inevitable and has
provider or ISP delivers 99.9% uptime.proven to be invaluable. Real-time detection, combined
But will it help you monitor actual customer experiencewith the monitoring and reporting of availability and
or end user experience?performance data for the business transactions,
If not then you are losing customers and you don'timproves performance, enhances availability, reduces
even know that.costs, enhances security and improves
Our solution moves you from IT to Businesscommunications and relationships.
Transactions.Many banks from small to large have used Banking
A transaction includes everything that happens in theBusiness Transaction Monitoring services to enhance
data center from the time a user clicks "send" until heend customers experience. In case of any end user
receives a response. Traditionally, efforts to improve ITavailability issues, Bank's IT staff is alerted using email,
service have been focused on hardware, servers,sms or a phone call. Once you get this alert you are
CPU, storage, bandwidth, change management,assured it's a genuine problem. 100% Guaranteed.
problem management and configuration management,