A Attainment OF AN AUTOMATED DATA FLOW FOR DATA COLLECTING PROCESSING STORING AND RETRIEVING

A Attainment OF AN AUTOMATED DATA FLOW FOR DATA COLLECTING PROCESSING STORING AND RETRIEVING

The Automated Data Flow(ADF) is a uniqueinitiation by RBI aimedat ...More
The Automated Data Flow(ADF) is a uniqueinitiation by RBI aimedat the purpose of meetingthe needs for accurateand consistent flow ofdata. Automated Data Flowensures that the datasubmitted from the banksto Reserve Bank of Indiais correct and consistentwithout any kind ofmanual intervention. Less

A Attainment OF AN AUTOMATED DATA FLOW FOR DATA COLLECTING PROCESSING STORING AND RETRIEVING

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Overview:
The last few years have seen Indian economy jump from a manufacturing sector to a novel service sector. Because of this leap in the economy, the banking has also undergone a huge change.
Description:

The adoption of Automated Process for submitting the returns would enable the banks to submit a precise and timely data and also improvise their Decision Support Systems (DSS) and MIS etc. The new ADF model leads to reduced end-to-end cycle as the data are available in CDR. The minimal manual intervention concept ensures that the returns are submitted by the bank with minimum delays. This also tends to reduce the errors and improves the quality of data. The process is well defined which means that the quality of data is standardized and validated before it is submitted to the RBI. The concept of automation is designed to eliminate the dependence on employees and thus improve efficiency.

For the purpose of establishing a fully equipped automated data flow system, each and every step of the process has to be computerised, as well as practical. The steps, commencing from the collection of observations in field, through the final step of data collection requires premium quality of hardware and software. A customised database program, GEONET was thus devised for the same. GEONET can provide the data structures as well as programs required to handle all the data forms like reduced measurement data, recorded data observations, calibration data and other different coordinate data.

GEONET is able to handle a number of data file system at the same time and can use up to 16 names to address a specific location, type or epoch variable.

Each user has a unique user name and password which can enable him/her to access the unique GEONET system function menu. The user may chose to upload a field data, process his/her pending updates, reduce data, transfer the data to shared disk, generate an input file, perform adjustments, coordinate database, carry out NSC800 operations, access server disk files, access calibrated data, manage system configurations, access archive subsystems, escape DOS or simply exit GEONET.

Experiencing the GEONET has proved that the durations taken in the many steps for recording measurements so as to obtain an adjusted coordinates can be reduced a great margin by using automated data management system.

Ramco provides outstanding ADF Solution which are designed to assist the banks in achieving a complete automation of reports for RBI. It is a pre-built product and also follows a model for the ESS/DSS/MIS purpose, instead of merely a report centric approach. This method ensures that the banks concerned are able to get the reports required for their financial performance analysis of banks and also use Data Model for Performance Management. Right from data acquisition, through data integrations, storage, conversion and submission, Ramco promises to provide the bankers with a clean-cut advantage, they deserve.

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The Automated Data Flow (ADF) is a unique initiation by RBI aimed at the purpose of meeting the needs for accurate and consistent flow of data. Automated Data Flow ensures that the data submitted from the banks to Reserve Bank of India is correct and consistent without any kind of manual intervention.
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