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ON APPLICATIONS OF WEB-BASED INTELLIGENT SYSTEMS: BANKING APPLICATIONS

Rajendra M. Sonar

First Published April 21,2005

Authors
  1. Rajendra M. Sonar
Affiliation
  • Assistant Professor (IT), SJM School of Management, Indian Institute of Technology Bombay, Powai, Mumbai
Abstract
With the advent of Web-based technology, the traditional decision support systems and intelligent systems need to be webbased so that the decision makers can access and use it using simple thin client browsers over the Internet/Intranet. This environment facilitates centralized decision making environment. Instead of solving a problem using a single intelligent technique (like expert system, neural network, case-based reasoning) alone, these techniques can be integrated to reduce their weaknesses, increase the strengths and solve complex tasks. Integration of analytical tools and intelligent systems further makes it powerful combination of knowledge and mathematical modeling. In this paper we describe the framework, which has advantages of using latest web-based plat-form, open XML technology and power of knowledgebased decision support systems. We describe how organizations like banks can make use of and benefit from such kind of framework and environment to transform themselves from traditional banks to knowledge-based and smart banks.
Keywords

XML, intelligent technique

References
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