Rationalized Input Template (RIT) an internship report under ICT Division Bank Asia LTD

Abstract

The following report provides a broad understanding of the network infrastructure used in Bank Asia Ltd, particularly focusing on the well-proven applications and systems most essential to the bank’s functioning. The infrastructure comprises phys ical networks such as branches and sub-branches, ATM, internet banking portals, mobile banking application, core banking solutions, and payment systems. All these components perform a significant function of enhancing the delivery of banking ser vices to the customers through effectiveness, security and reliability. This report starts with the explanation of such important points of the network infrastructure, in which key physical and digital elements are described and explained as to how it is possible to build a network system. It stresses the importance of these com ponents and how they are linked to ensure that there is proper Banking Industry Architecture. The bulk of the page is devoted to a list of issues that may exist on the network and their potential solutions. Specific problems, like low-performance servers, server failures, issues with content delivery as well as problems with the software, are discussed. Some of the solutions suggested to address these issues in clude direct routing in identity management to enhance network congestion, utiliz ing VNCs for technical support and training for employees as well as load balancing mechanisms to maximize availability and capacity of the servers. Security issues are among the document’s strong features as the author does not leave the reader without critical information on different security aspects and measures. However, there are safety methods such as encryption methods, multi-factor authentication, fraud detection system, and network access control (NAC). The relevance of such measures in safeguarding customer information and providing simplicity to the pay ment process is highlighted. They also discuss disaster recovery procedures in more detail, emphasizing that data backups and restore solutions, infrastructure duplica tion, geographical dispersion, and business continuity plans are all essential. On the testing and training aspects, it is asserted that these are key factors in implement ing a sound disaster recovery plan. This report also explores other evolutions of monitoring which are crucial when it comes to the management, maintenance and security of the network. Some of these areas include VPN tunneling, Traffic anal ysis, Firewall and intrusion prevention systems, Server and device monitoring and auditing. The focus is made to explain how these monitoring activities can help in management of regulatory issues and improvement of security at the bank. Besides presenting the current state of the network structure in the banking industry, this document presents trends and technological developments that might be relevant to banking networks. The following technological advancements are highlighted; blockchain, artificial intelligence, and quantum computing; with the positives and negatives that can accompany them. In sum, this report is a broad evaluation of the network infrastructure of Bank Asia Ltd. where we discussed its parts and pieces, issues and opportunities, and vision for the future. It is used as a reference to outline the challenges of banking systems as well as the procedures necessitated to ensure that the efficiency, security and reliability of these networks are maintained. In this way, dynamically developing and updating the network infrastructure, the financial institutions can guarantee the consumers safe, effective and innovative banking ser vices considering the internal needs of the consumers and the requirements set by the legislation.