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These software applications effectively monitor bank customer transactions on a daily basis and, using customer historical information and account profile, provide a "whole picture" to the bank management. Transaction monitoring can include cash deposits and withdrawals, wire transfers and ACH activity. Each vendor's software work differently.
The company develops hybrid IT monitoring and analytics software. [2] Zenoss Community Edition was a free and open-source application, server, and network management platform based on the Zope application server. It provided a web interface that allowed system administrators to monitor availability, inventory/configuration, performance, and events.
It works alongside other IT monitoring systems including End-User Experience Monitoring, Synthetic Transaction Monitoring, Deep-Dive Monitoring and Business Activity Monitoring (BAM) solutions. According to Gartner, BTM and deep dive monitoring are "fundamentally distinct and their associated processes are typically carried out by different ...
The Clearwater solution is a web-based investment accounting and reporting solution providing automated portfolio book-of-record accounting, daily investment policy compliance monitoring, performance tracking, risk analytics, and a variety of buy-side tools for insurers, investment managers, corporations, and other institutional investors. [9] [10]
Business activity monitoring (BAM) is a category of software intended for use in monitoring and tracking business activities. BAM is a term introduced by Gartner, Inc. , referring to the collection, analysis, and presentation of real-time information about activities within organizations , including those involving customers and partners.
Tuxedo is a transaction processing system or transaction-oriented middleware, or enterprise application server for a variety of systems and programming languages. Developed by AT&T in the 1980s, it became a software product of Oracle Corporation in 2008 when they acquired BEA Systems. Tuxedo is now part of the Oracle Fusion Middleware.
Business transaction management, also called business transaction monitoring, managing information technology from a business transaction perspective; Network monitoring, systems that constantly monitors a computer network for slow or failing components and that notifies the network administrator; System monitoring, a process within a ...
Active monitoring, on the other hand, consists of synthetic probes and web robots predefined to report system availability and business transactions. Active monitoring is a good complement to passive monitoring; together, these two components help provide visibility into application health during off-peak hours when transaction volume is low.