Question: Banking System In this project, you understand how to use RulePoint to discover important situations from events and help you take timely action for business

Banking System

In this project, you understand how to use RulePoint to discover important situations from events and help you take timely action for business opportunities in the banking industry. You understand how to configure different types of models in RulePoint to collect data from disparate sources and effectively respond to a pattern of events for business opportunities as well as to stop problems while or before they happen. The Banking industry has a user base with billions of customers. Banks manage increasing volumes of data from customer information to account balances and transaction history details. Banks require an end-to-end and timely visibility into the state of data and transactional processes and provide optimized and reliable processes to cater to growing customer needs. With a rapid rise in crime rates, it is critical for banks to employ the best technology to monitor customer transactions and harness interactions to help you stay connected to any activity in your accounts. Banks need to roll out smart alerts for cash transactions and other fundamental banking processes, which fundamentally changes how they attract and retain customers.

QUESTION:

Submit an ER diagram using MS Visio/MySQL of the database that you have proposed to implement in your project proposal.

Your ER Diagram should have at least 5 entities.

The ER Diagram should have details of all the entities and their relationships along with the cardinalities (minimum and maximum).

Provide the details of the attributes of each entity along with the identifiers (PK).

Provide a word document along with the MS Visio/MySQL file if you need to add clarifications.

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