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CONTENTS
INTRODUCTION TERMINOLOGIES ARCHITECTURE OF TPS QUALIFIERS OF TPS TYPES OF TPS TPS CYCLE WORKING OF TPS FEATURES OF TPS ADVANTAGES OF TPS DISADVANTAGES OF TPS TOOLS/SOFTWARE USED & APPLICATIONS OFFICE AUTOMATION SYSTEM OBJECTIVES TOOLS ADVANTAGES & DISADVANTAGES CASE STUDY CONCLUSION Q & A SESSION
Introduction
What is Transaction? What is Processing? What is a Transaction Processing System?
Evolution Of TPS
Until 1970s
Online processing
Terminologies
Transaction Processing Systems are cross-functional information systems that process data resulting from the occurrence of business transactions.
Architecture of TPS
Qualifiers
In order to qualify as TPS, transactions made by the system must pass the ACID test.
1. Atomicity
2. Consistency
3. Isolation 4. Durability
Types Of TPS
Batch Processing
Systems:
A system whereby business transactions are accumulated over a period of time and prepared for processing as a single unit or batch. Example: Paying by Cheque, Credit card transactions, payroll etc.
Batch Processing
Transaction Data
Trans. File
Data Processing
Documents / reports
Online Processing
Output
Terminal
Terminal Terminal
TPS Cycle
1
Data Entry
2
Transaction Processing Batch Online/Real Time
4
Document and Report Generation
5
Inquiry Processing
3
Database Maintenance
POS of TPS
Customer receipt
UPC
Inventory DB
Exception Reports
scanner
Quantity, Date, Time U P C
POS TPS
Price Purchasing DB Product DB Product, Quantity, Date, Time, Price
FEATURES OF TPS
RAPID RESPONSE RELIABILITY INFLEXIBILITY CONTROLLED PROCESSING
Advantages of TPS
GREATER RELIABILITY INCREASED STORAGE CAPACITY
Disadvantages of TPS
Security and Reliability : Online transaction systems are generally
more susceptible to direct attack and abuse than their offline counterparts.
Too costly : some systems require offline maintenance which further affects the cost-benefit analysis.
Data Validation
Data validation is used to check the entry of transaction data. It involves : Transaction initiation and Field checking
Data validation in real time system allows corrections to be
Objectives
To improve customer relation by bringing transparency in systems. To achieve better management control To simplify operations and minimize computational errors To improve quality of output in terms of presentation and reduction in processing time.
Tools of OAS
1) Electronic publishing 2) Electronic communication 3) Electronic collaboration 4) Image processing and 5) Office management.
Bibliography
References:
Management Information Systems James A OBrien, George M Marakas, Ramesh Behl. Management Information System C.S.V.Murthy. http://en.wikipedia.org/wiki/Transaction_processing_system http://cwhonors.org/viewCaseStudy2010.asp?NominationID=98&Us ername=iis http://youtu.be/8lN2WmyoA24
Advantages
Make your work less tedious. Manage your workload more efficiently. Reduce repetitive tasks . Make data entry easier with fewer tabs and mouse movements. Applying business rules to minimize errors and re-processing.
CONCLUSION
The success of commercial enterprises depends on the reliable processing of transactions to ensure that customer orders are met on time, and that partners and suppliers are paid & can make payment. The field of transaction processing, therefore, has become a vital part of effective business management.
The most basic business system and the HEART of most organizations is the Transaction Processing System (TPS)
ICICI PRUDENTIAL
ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank one of India's foremost financial services companies and prudential plc, a leading international financial services group headquartered in the United Kingdom. In India it started its operation since 2000
Key people
Products
Website
1. The report responses were not in real time. 2. Lack of accuracy 3. Senior management could not always sync similar data from different departments. 4. Customers were not satisfied . Security issues.
5. Inflexibility
The company needed to develop a single database platform into which all of its data would so that ICICI Prudential could create what the company calls "a single version of the truth" for each customer
CONCLUSION
video
Because of solutions like this one that produce 'single version of the truth' for each ICICI Prudential customer, the company has been voted as India's Most Trusted Private Life Insurer by The Economic Times for three years in a row. As the company grows its distribution, product range and customer base, ICICI Prudential continues to uphold its commitment to rely on technology to help deliver world-class financial solutions to the people of India.