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Major applications. The advantages accruing from computerization are three-directional - to the customer, to the bank and to the employee.
For the customer. Banks are aware of customer's need for new services and plan to make them available. IT has increased the level of competition and forced them to integrate the new technologies in order to satisfy their customers. They have already developed and implemented a certain number of solutions among them:
For the bank. During the last decade, banks applied IT to a wide range of back and front office tasks in addition to a great number of new products. The major advantages for the bank to implement IT are:
For the employees. IT has increased their productivity through the followings: