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FINANCIAL

INFORMATION SYSTEM
•Need of FIS
•General Uses of FIS

•Functions of FIS

•Components of FIS
A Model of
Financial Information System

Internal
Internal Financial
Financial
Records
Records Decision
Decision
System
System Support
Support
System
System
Internal
Internal
Audit Data • Forecasting
Audit
System
System
base • Funds
Management
• Financial
Financial
Financial Control
Intelligence
Intelligence etc.
System
System

Adapted from McLeod


Advantages of FIS
 Accounting
 Funds
 Reporting
 Specialisation

Disadvantages of FIS
Learning the system
Loss of Information
Re-evaluation
Real Time Banking
 Online complaints
 Account Opening
 Online Activity
 ATM card
FIS IN ICICI BANK
 The Individual Card Member Billing Statement
 Consolidated Company Statement
 Individual Account Description
 ICICI Bank Corporate Card
 ICICI bank financial inclusion
 Custodian Service Report

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