They describe emergent properties like security, performance, and availability and, unlike the functional requirements that can be worked around, are essential to fulfill for a usable system.

Non-functional requirements specify criteria that can be used to judge the operation of a system as a whole rather than specific behaviors.

The use case diagram provides an overview of the basic services: Functional Requirementsįunctional Requirements describe the service that the banking management system must offer, they are subdivided into three access levels: Admin Mode, Teller Mode, and Customer Mode: The key requirements that need to be offered by the Bank Management System can be classified into functional and non-functional requirements. In the United States, for example, Consumer Financial Protection Bureau, Federal Reserve Board, Federal Deposit Insurance Corporation, and Financial Crimes Enforcement Network are the institutions that govern banking activities. The functioning of the system must comply with the laws and regulatory acts of the country. The requirements for a bank management system provide a complete description of the system behavior and are based on the business expectations. Other components that may be included are CRM systems, Risk Management Systems, Human Resource Management Systems, and Business Intelligence systems. The components of the bank management system may differ depending on the bank, but generally, the system includes core banking to manage basic transactions, loans, mortgages, and payments accessible via ATM, mobile banking, and branches.

The bank management system is a set of essential tools and processes that allow banks and their credit institutions to carry out their functions. In this article, we will take a look at the key features a bank management system needs to offer, its high-level, low-level design, database design, and some of the already existing bank management systems.

Bank management system java