Microcomputer Applications in Banking.

'œIn this very practical book, Lam and Hempel discuss both the actual and potential uses of micro/personal computers in commercial bank management. The authors begin their discussion with a brief review of computing machinery from the abacus to the IBM Personal Computer. They then proceed to examine the current state of software development in banking and related areas. Six areas of potential microcomputer application for financial intermediaries are systematically evaluated. These areas are defined as strategic management, specific functional management, bank operations, consulting services, bank marketing, and bank communications. To emphasize the practicality of their recommended applications, the authors present a survey of financial institutions currently employing personal computers in these various areas. Of special interest to the reader will be the book's detailed example of an asset-liability model, which leads the reader through the various levels of sophistication in Lotus 1-2-3. This book also includes a realistic discussion of the organization, policy control, and security concerns associated with the actual implementation of a microcomputer system. A worthwhile acquisition for academic institutions with strong banking programs or for financial institutions developing computer-based programs.'' ChoiceChun Lam is the author of 'Microcomputer Applications in Banking.', published 1986 under ISBN 9780899301174 and ISBN 0899301177.