GIS is now-a-days a really useful gizmo for determination making. Each time it requires making a choice associated to “location”, it involves the phrase ‘GIS’. GIS makes these location associated choices and evaluation very straightforward. It makes the evaluation easy and exact if the inputs are right. Thus one can have the advantages of analyzing spatial knowledge in addition to socio-economic knowledge in GIS platform.
GIS in developed nations
Developed nations like USA, UK, Japan are utilizing this know-how enormously in several enterprise sectors beside growth actions like actual state enterprise, banking, data sharing and so forth. They use it to leverage their performance and in addition enhance output. With GIS, the productiveness is elevated and in addition the choice making jobs are very straightforward and correct.
GIS in Bangladesh
In current days, GIS know-how is utilized in totally different sectors of Bangladesh. However the matter is it’s only used to organize a useful resource map or danger map of an space. The analyzing energy of this instrument is merely utilized in these areas. The organizations working in growth sector are getting ready maps and studies. However the humorous matter is maps are ready in a single cell. The particular person working on this cell is properly expert in GIS applied sciences however he has very restricted entry or time to see the studies. The studies are ready by one other one that has very restricted information in regards to the know-how. Consequently, the prospect of this huge know-how is missed. Once more, the scope of utilizing GIS know-how could be very huge. As talked about earlier, location and GIS is said to one another. Thus any organizations working with location knowledge can use this huge know-how to boost their actions. For instance, the banking sector has to work extensively with location. They need to find their account holders or find a plot or property if anybody desires to take loans. Once more any enterprise organizations can use GIS instruments to extend their enterprise in several areas. They will use this instrument to take choices about establishing their promoting boards or select their routes to provide items. The GIS know-how may also be used to determine future development of town and set up new areas to enterprise. Within the following dialogue, prospects of utilizing GIS know-how in banking sector are highlighted. It isn’t a full examine report. There could also be many different sides the place GIS will be helpful for Banks to extend their efficiency and buyer providers.
1. Determination relating to sanction of loan- spatial evaluation of the plot.
One of many tedious jobs in banking system is to supply mortgage service for the purchasers. Banks accomplish that as to boost their accessibility to the shoppers. It has been being a contest among the many banks that how a financial institution is offering these service. In doing so, Banks want some safety like some seen property or established enterprise and many others. Now the place comes the seen property, the GIS additionally comes there. Banks take mortgage to sanction and specify the quantity of mortgage. In doing such determination, banks have to investigate the property or plot like distance from the principle highway or measurement of the plot, confirm the precise proprietor of the plot, present land valuation and many others. They’re doing this stuff manually by going to the websites or contact with third get together for doing these jobs. This takes at the very least 30 days to do the roles and still have to spend some huge cash. It additionally want lots of time to make the choice. But there may be one other likelihood to make use of the identical plots to totally different banks for loans.
But when they’ve a GIS database, they might do the followings simply:
o Do the spatial evaluation simply with only one click on on the pc.
o Calculate the realm or distance from important highway with out going to the positioning/plot.
o Calculate the land worth of the realm by analyzing the encompassing space.
o Making a central database system to stop the double mortgage takers make the most of similar plots.
o Can scale back the funding time by 30 days.
It is a large issue for any banks to scale back their funding time. If they’ll save 30 days they’ll have a revenue of BDT30-40 lacs (US$42857.14-US$57142.85) per 12 months.
Financial institution simply want the next data for this evaluation:
o Plot/property location (deal with).
o Proprietor title.
o Plot measurement (space).
o Distance from the principle highway.
o Adjoining highway width.
o Current land use (particular).
o Land worth.
o Info of the plot i.e. previous proprietor, case, earlier mortgage taking situation and many others.
o Crime fee of the realm.
Most of the knowledge like plot measurement, distance from the principle highway, adjoining highway width, current land use and many others. will be derived from the digitize map of an space. Others are to be collected from the sphere stage survey.
2. Determination relating to institution of ATM sales space.
Now a day’s banking service is growing quickly. Each financial institution is making an attempt to take the providers to the client’s residence or places of work. ATM is one among them. However to supply an ATM machine to an space, Financial institution has to assume totally different spatial points like focus of economic land use, focus of debit/bank card holders of an space, route for taking cash to the ATM sales space and many others. These all will be performed simply with a GIS instrument.
Determination derived from the map relating to ATM sales space:
o Space an ATM serves.
o Components to determine an ATM.
3. Location of the mortgage takers.
Financial institution is now spending some huge cash to find the account holders or mortgage takers. They’re speaking with their consumer at common interval to find them. This job will be made very straightforward with GIS as right here a mortgage taker or consumer will be simply recognized within the map. However for this, the database needs to be common up to date as that is presently performed.
o Current deal with of the mortgage takers.
o Change deal with.
o Distance from the department and path to the deal with.
4. Finest route of the van to ship cash to the ATM sales space/branches.
This benefit is mentioned barely earlier. A financial institution has to investigate completely to pick the supply route of the van to take cash to the ATM cubicles. They’ve to consider the safety. In GIS, they’ll do that with creating easy community topology of the prevailing highway and choose the perfect routes to take cash.
5. Determination relating to institution of recent branches.
As banking sector is a quick rising discipline in Bangladesh, many new banks and branches of present banks are establishing now. They need to take into consideration totally different spatial points to determine a brand new financial institution or department. For instance, they need to do the followings issues:
o Have a common thought of the realm like land worth, socio-economic situation and many others.
o Find the industrial land use of the realm.
o Find the bazaar or market space.
o Find the residential space and enterprise space.
o Find the prevailing highway community.
All this stuff will be simply performed with a GIS instrument by analyzing and querying to extract the info.
6. Determination relating to number of new funding websites for Banks or purchasers
Banks may take choices to find or determine new potential websites for brand new investments by means of GIS. They will analyze an space with potentiality for financial development, present sample of growth and make a decision whether or not they put money into that space.
With the GIS database, a financial institution can do the next:
o Regional evaluation to determine worthwhile location to speculate.
o Determine totally different attraction factors of the realm.
o Determine the current land use and trade of an space.
Benefits the Financial institution can get:
o Enhance the client providers dynamically.
o Appreciable Discount of the upkeep and processing price of the Financial institution.
o Choose the perfect location to determine a brand new financial institution or branches.
o Select the perfect route for cash supply van.
o Safe the mortgage course of by sustaining the info in central database and share it by on-line knowledge administration course of.
o Cut back the top depend.
o Database upkeep could be very straightforward and price could be very low.
o Banks can save their funding associated inquiry by one months.
In conclusion, it may be mentioned that banks can have lot of benefits by introducing GIS of their every day actions. It might probably get monetary savings, time and manpower that are the goal of any enterprise organizations. It is extremely necessary to handle the info as there will probably be an unlimited quantity of knowledge they need to deal with. However by establishing a cell or by giving third get together the duties to handle and share knowledge, the process generally is a very worthwhile for banks or different enterprise organizations.