Benchmarking

Process benchmarking: an application to lending products

Benchmarking techniques evolved from Xerox’s pioneering visit to Japan in the late 1970s. However, the application of the benchmarking concept to the banking industry did not take place until the late 1990s. Process benchmarking, in particular, is a tool that helps FIs to cut costs, improve productivity and integrate business processes. Although process benchmarking involves divulging what may be considered as sensitive or confidential information, forming de facto benchmarking partnerships with competitors allows participating institutions to compare cost and output advantages and disadvantages, when performing key processes involved in lending operations. This paper presents an application of process benchmarking to lending operations across Australia to highlight differences in costs involved in seemingly identical value chains.

What is benchmark lending?

Benchmark is a term by which we mean a set of standards used for evaluating the level of quality or performance. It cab be drawn from companies own experience or from the other companies experience. While by benchmark lending we refer to the interest rate that banks have to pay when they borrow money. Now you will be thinking that does a bank also borrow money from other in the form of loan? The answer would definitely be yes, banks also borrow money. The bank has to keep some amount of money as a reserve. But sometimes it happens that they don’t borrow money over a short period of time, say one night, and then they don’t have reserves left, for this they have to borrow money on a certain interest rate. Due to this reason, banks and mortgage companies tries to find people who are in need of a loan and then provide them loan, so banks can earn money from that loan given to customer by taking interest. It can be valuable business to the bankers and mortgage companies who are providing loan, when there are lots of customers in the market.

What is benchmark lending?

Benchmark is a term by which we mean a set of standards used for evaluating the level of quality or performance. It cab be drawn from companies own experience or from the other companies experience. While by benchmark lending we refer to the interest rate that banks have to pay when they borrow money. Now you will be thinking that does a bank also borrow money from other in the form of loan? The answer would definitely be yes, banks also borrow money. The bank has to keep some amount of money as a reserve. But sometimes it happens that they don’t borrow money over a short period of time, say one night, and then they don’t have reserves left, for this they have to borrow money on a certain interest rate. Due to this reason, banks and mortgage companies tries to find people who are in need of a loan and then provide them loan, so banks can earn money from that loan given to customer by taking interest. It can be valuable business to the bankers and mortgage companies who are providing loan, when there are lots of customers in the market.

Benefits of MCSA Boot Camp Certification Training

  Experience the Benefits of Microsoft's MCSA Certification

Technical certification is a sound investment in your career. Although certification does not guarantee success, research has shown that it can have a significant impact on:

Morale and confidence
Efficiency and productivity on the job
Monetary rewards
Career advancement
  Microsoft Certified System Administrators receive the following benefits:

Industry recognition of your knowledge and proficiency with Microsoft products and technologies.
MCSA on Windows 2003, certificate, transcript, wallet card, and lapel pin to identify you as a Microsoft Certified Professional to colleagues or clients. Electronic files of logos and transcript may be downloaded from the MCP secured Web site upon certification.
Access to technical and product information direct from Microsoft through a secured area of the MCP Web site.
Invitations to Microsoft conferences, technical training sessions, and special events.
Access to exclusive discounts on products and services from selected companies. Individuals who are currently certified can learn more about exclusive discounts by visiting the MCP secured site and selecting "Other Benefits." Individuals with premier certifications may select "Premier Benefits."
Free access to Microsoft Certified Professional Magazine, a career and professional development magazine. Secured content on the Microsoft Certified Professional Magazine Online Web site includes the current issue (available only to MCPs), additional online-only content and columns, an MCP-only database, and regular chats with Microsoft and other technical experts. Additional online benefits are available to individuals with the MCSE+Internet, MCSE, MCSD, and MCDBA certifications. Enter the MCP secured Web site for access to the Microsoft Certified Professional Magazine Online. (All MCPs are eligible for the online magazine's secured content. Some MCPs may also be eligible to receive the print version of the magazine free; eligibility is determined by the magazine.)
  Vibrant MCSA Boot Camp provides instruction to meet every learning need, including:

Intensive group instruction
One-on-one instruction attention
Hands-on labs
Lab partner and group exercises
Question and answer drills
Friendly competitions between concurrently running classes
Independent study
Self-testing

MCSA Boot Camp

Though the phrase “boot camp” is basically used for army training, but now-a-days it is also used for IT related crash courses.The Boot Camp programs are mainly developed for intense residential training program that took place in a distraction free environment.

MCSA(Microsoft certified system administrator) boot camp program has been developed for IT professionals want to pursue a career as a system administrator. To become an MSCA anyone interested in computer or networking can join a boot camp program and get a MCSA certification from Microsoft Corporation signed by Bill Gates. The duration of MCSA boot camp training is approximately three to four weeks.

Requirements for passing MCSA
Any candidates interested to earn the MCSA on Windows Server 2003 certification need to pass four exams in total (in any order):

1. Two exams on networking systems

2. One exam on client operating systems

3. One elective exam

Eligibility for MCSA(Microsoft Certified System Administrator)

Anyone having one year experience in Windows environment can take the exam.Yet I have seen many doing this course and taking the exams even without any kind of job experience. It will be much easier for you to do the course if you are familiar with Microsoft Windows Products.Most importantly to do this course you don't necessarily have to be from a computer background.

Before doing the course if you find time try to be familiarize with the following concepts:

DNS, DHCP, TCP/IP, OSI layers ,Client server models, Proxy server, IIS, IP security,Email system

MCSA Specialization

There are mainly two tracks of MCSA on one of which you may be interested to be specialized.The two tracks are:

Messaging on Windows Server 2003

MCSA Security on Windows Server 2003

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