IT Examiner School, Seaside, CA

Basic IT Infrastructure

• Core banking • Electronic funds transfer systems (EFTs) • E-banking • Imaging Systems • Wireless Systems/Devices

Core Systems

• Core (banking) systems - the critical systems that provide the basic account management features and information about customers and account holdings • Core systems are either in-house, serviced, or a combination of the two. • For depository institutions and trust companies: The term core processing generally refers to the general ledger, deposits, loans, and trust accounting systems.