ITECH1104 - CLOUD AND ENTERPRISE COMPUTING Report and Video Presentation Assignment Specification Overview Banks and other financial institutions rely on speed, capacity, intelligence, security, and...

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ITECH1104 - CLOUD AND ENTERPRISE COMPUTING Report and Video Presentation Assignment Specification Overview Banks and other financial institutions rely on speed, capacity, intelligence, security, and accountability for success. Since its introduction 50 years ago, the mainframe has played a vital role in the financial/banking industry. For example, a mainframe computer is capable of handling more than 2.5 billion financial transactions per day. That's one reason mainframes remain a core component of banking data practices. Cloud computing also plays a significant role in a bank’s efforts to reinvent its business and operating models. For example, banks use cloud services for analytics where a probabilistic score is calculated real-time to each financial transaction for its likelihood to being fraudulent. For this assignment, you will apply the skills and knowledge covered in the first nine (9) weeks of the course with the purpose to investigate why and how enterprises from the Banking sector use mainframe and cloud technologies to support their day-to-day operations. This is an individual assignment. Your investigation will be focused on usage of mainframe and cloud technologies by a Banking enterprise (a bank or number of banks). The investigation should be supported by trusted on-line resources and based on real life case studies, reports, on-line newspapers, videos and academic resources available from the Internet. The findings should be written in a report document of approximately 1200 - 1500 words and the report should be summarised in a video recording of 3 to 5 minutes in duration in which you will personally presents an overview of the findings. Timelines and Expectations Percentage Value of Task: 25% Due: Week 10 on Thursday Time: 16:00 Minimum time expectation: 45 hours  Investigations - 25 hours.  Writing the assignment report document - 15 hours.  Planning, creation/recording and editing of video presentation - 5 hours. Learning Outcomes Assessed The following course learning outcomes are assessed by completing this assessment:  K1. Identify the key elements in cloud and mainframe computing;  K2. Explain the importance of cloud and mainframes in contemporary business models;  K3. Adapt the need of security and privacy in cloud and mainframes;  K4. Reproduce various services provided by cloud and mainframes;  S2. Describe mainframe workloads for business needs;  S4. Interpret security and privacy needs in shared environment. ITECH1104 - CLOUD AND ENTERPRISE COMPUTING Assessment Details The purpose of this assignment is to provide you with the opportunity to investigate why and how enterprises from the Banking sector use mainframe and cloud technologies to support their day-to-day operations. You are required to investigate usage of mainframe and cloud technologies by an enterprise (a bank or number of banks) from the Banking sector. Your investigation should be supported by trusted Internet resources containing real life case studies, reports, on-line newspapers, videos, technical/research papers and academic journals. As a starting point it is advised to use FedUni on-line library eResources via “QuickSearch” and “Databases”. In light of the investigation your findings should address the following requirements: 1. Describe (at least THREE) core business services offered by a bank; 2. Provide a brief description of security and privacy needs in relation to the bank’s core business services; 3. Explain the bank’s needs for ICT workload types (batch, transactional and analytics); 4. Describe how banks benefit of using cloud technologies; 5. Explain which cloud services are used in the banking sector and how they support one or more ICT workload types; 6. Describe why major banks and financial institutions have mainframes at the centre of their technological strategies; 7. Explain how mainframes support one or more ICT workload types; 8. Provide at least five (5) references/resources used in your investigation (APA reference style) and a link to your YouTube video presentation Report Document Format The findings should be written in a report document of approximately 1200 - 1500 words equivalent to three (3) to four (4) pages (without the cover page and list of references). The report should contain a cover page with course code, course name, assignment title, your student ID, your full name and the number of words (without the cover and reference pages). The report text format must be single spaced with font size Arial, 12 and larger font size for the headings. The report text should be divided into the following five (5) headings (sections): 1. Core business services offered by a bank (at least half a page) a. A short description of at least three (3) core business services offered by a bank (requirement 1.) b. A brief description of security and privacy needs in relation to the bank’s core business services (requirement 2.) 2. Bank’s needs for ICT workload types (at least half a page) a. Explain with two (2) examples of how banks use ICT batch workload type (requirement 3.a) b. Explain with two (2) examples of how banks use ICT transactional workload type (requirement 3.b) c. Explain with two (2) examples of how banks use ICT analytics workload type (requirement 3.c) ITECH1104 - CLOUD AND ENTERPRISE COMPUTING 3. Benefits of using cloud technologies in banking sector (at least one page) a. Briefly describe how banks benefit of using cloud technologies (requirement 4.) b. Your description should link one or more cloud services to one or more ICT workload types used in banking (requirement 5.) 4. Why major banks use mainframes (at least one page) a. Briefly describe why banks use mainframes (requirement 6.) b. Your description should link one or more mainframe technologies/services to one or more ICT workload types used in banking (requirement 7.) 5. References a. Provide at least five (5) references/resources used in your investigation b. Your references of trusted Internet sources should be listed by using APA reference style c. A link to your YouTube video presentation Video Presentation Format Once you have completed your report, you are required to create a video recording of three (3) to five (5) minutes duration in which you personally present a summary of your findings as per your report. Important: Your presentation is the final product in which you talk about the assessment topic and your findings as presented in your report document. However, in your presentation you do not talk about your report, but summarise content of the report as per assessment requirements. Using a mobile phone or similar quality camera is perfectly acceptable and will help keep the size of the presentation file small. You must be actively presenting throughout the video, with your face clearly visible and identifiable for the duration of the presentation. It is acceptable to briefly move away from your face to show a more clear representation of supporting materials from your documentation, but you must otherwise ensure that you are visible and presenting throughout the video. In three (3) to five (5) minutes of video duration you have to describe the following: 1. At least three (3) core business services offered by a bank including security and privacy issues 2. Bank’s needs for batch, transactional and analytical ICT workload types 3. How banks benefit of using cloud technologies linking one or more cloud services to one or more ICT workload types 4. Why major banks use mainframe technologies linking one or more mainframe services to one or more ICT workload types Submission of the Assessment Report Document Submission Your assignment report document to be submitted as a PDF file to Moodle in the drop box provided by the due date and time. The report should contain a link to your YouTube video presentation. The PDF file name should contain at least your student ID and your full name (e.g. 3001111_Jane_Doe.pdf) ITECH1104 - CLOUD AND ENTERPRISE COMPUTING Video Submission Your completed video must be uploaded to YouTube as an unlisted file so that it is only accessible to anyone who is given a link to the file. This link must be included in the report document you have created for the assignment. This is so your video is accessible to the marker; if the video is not accessible, then it will not be marked. Please be aware that uploading videos to YouTube may take longer than you expect, and it is your responsibility to allow enough time for the video presentation to upload, for the link to the unlisted presentation to be included within your documentation, and for you to then upload the documentation to Moodle by the deadline. Make sure you allow yourself sufficient time for this to occur. Please do NOT upload your videos directly to Moodle. Any videos provided directly in Moodle will not be marked. Submission Feedback: Marks for your report and video presentation will be available in fdlMarks. Marks and feedback to individual students via be available via Moodle. ITECH1104 - CLOUD AND ENTERPRISE COMPUTING Report and Video Presentation Assignment Marking Criteria Requirements for marking to proceed: a. Video is uploaded to YouTube as an unlisted file b. Student’s assignment report is submitted to Moodle as a PDF file, and includes a link to the video c. Student is actively presenting throughout the video, with only brief absences for displaying supporting materials Note: Any video that exceeds 5 minutes duration will be marked based on the first 5 minutes only Assessment Criteria Report Format (up to -10 marks deducted) Acceptable Not Acceptable 1. submitted as a PDF file 2. file name contains student ID and full name 3. between 1200 - 1500 words 4. single spaced text 5. test font size Arial, 12 6. contains the cover page as specified 7. larger font size for the headings 8. divided into specified five headings 9. references listed 10. APA reference style Report Content (75 marks) Available Marks Marks Awarded 1. Core business services offered by a bank 10 2. Bank’s needs for ICT workload types 15 3. Benefits of using cloud technologies in banking sector 20 4. Why major banks use mainframes 20 5. References of trusted Internet sources 5 6. Contains five references 5 Video presentation format (30 marks) Available Marks Marks Awarded 1. Three to five minutes in duration 5 2. Concisely summarises the content of the report 10 3. Active and engaging presentation by the student throughout the video 10 4. Clear reference to, and use of, clarifying supporting materials 5 Video content (95 marks) Available Marks Marks Awarded 1. What are the three core business services offered by a bank? 15 2. What are security and privacy issues in banking? 20 3. What are batch, transactional and analytical ICT workload types in banking? 30 4. Why major banks use mainframe technologies? 30 Assessed by: /200 ITECH1104 - CLOUD AND ENTERPRISE COMPUTING Comments:
Answered Same DayMay 21, 2021ITECH1104

Answer To: ITECH1104 - CLOUD AND ENTERPRISE COMPUTING Report and Video Presentation Assignment Specification...

Ankit answered on May 23 2021
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Core business services offered by a bank
Organizations are typically overseen by means of the corporate banking division of the foundation. Core banking is based on essential depositing and loaning of cash. The
re is various core business offered by a bank as listed below:
a) Payment service
The backbone of whole money flow in the globe is payment service of bank. In the past time, payment service was ca
ied by cheques, demand drafts and so forth but now direct online money transfer have taken place of that old techniques due to development of new techniques or methodologies.
) Financial Intermediary
The traditional function of bank is Financial Intermediary that is based on accepting funds from their clients and then lending deposits to bo
owers. Financial Intermediary is one of the main core businesses of bank and always remains there as long as banking system is available. [Pariente 2016]
c) Financial Services
Financial services consist of new financial techniques which would propelled by various financial foundation with time. The services consist of
oking services, investment banking, remote trade business, line of credit services and management of money. All of these services produce money for the business bank as a way of commissions etc. which is likewise named as Non-Fund pay for banks.
The security and privacy is must for the core business offered by bank. The banking and financial services companies and their executives would protect private data from hacks or other type of theft by using various methodologies. Banking and other financial services companies use two factor authentications for payment services which use strong client identification and identification. They are also using trusted identities for verification of users. The APA’s is one of the best ways which can provide security and data transparency in financial Intermediary. Data encryption and permanent masking are ways of protecting data from theft or hacking in banking field. Real time masking is technique of masking credit card information used in financial services. [Swapna]
Bank’s needs for ICT workload types
Every organization has different definition for workload. For some firms workload consists of operating system, middleware and software’s in their definition. There are various features of workload and one of the best environments for running any type of workload is based on their nature. There are various ICT workloads for banks due to variable computing needs as listed below:
Batch workloads: Batch workloads are built to...
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