System: Financial Institution (e.g. Bank)

Name:  Financial Institution (e.g. Bank)

Based on:  Human Activity System (HAS)

The Financial Instutions have the following purposes:

  • Provide a way to securely save and use money
  • A facility to borrow and invest money
  • A way to value services
  • A way to cover risks.(Insurance)
  • Saving and Loan Banks (Central bank, credit union, cooperative, etc)
    • providing savings, Loans, checking, credit cards.
  • Investment Banks (speculative, theme, etc).
    • Providing venture capital
    • Portfolios of investments with expected returns
    • New financial products (indexes, derivitatives, etc).
  • Stock and commodity markets
    • trading of securities (though in a financial market).
    • Forward contracts
    • Currency trading.
Goal 1. End poverty in all its forms everywhereGoal 3. Ensure healthy lives and promote well-being for all at all agesGoal 7 Ensure access to affordable, reliable, sustainable and modern energy for allGoal 8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for allGoal 9. Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovationGoal 10. Reduce inequality within and among countriesGoal 12. Ensure sustainable consumption and production patternsGoal 13. Take urgent action to combat climate change and its impacts*Goal 16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

Systemic Measurable Variables

The emergent properties created or used through the interaction of the elements. This includes both desired and undesired.

Systemic Capabilities or Functions

  • Save and distribute money
  • Loan and borrow facilities
  • Insurance provision
  • Investments and priorities.

System States

The various defined states that the system-of-interestcan be in.

  • Architectural states
  • Transformational States
  • Operational States

The stakeholders depend upon a specific type of financial system.

  • The environment depends upon the specific type of financial system.
  • The Banks
  • The Financial Institutions
  • Stock Exchanges

Configuration / Scenario:

Describes any configuration / scenario attributes for a specific system-of-interest. This may not be appropriate for all system descriptions (e.g. patterns or abstract systems).

Cyclical (Repeating / Regular) Processes

Routine operational processes to maintain the system

Provides support to deliver the capabilities or functions of the system.

Development Life Cycle Processes

How this system is created, developed, used and released.

Describes the processes for major developmental changes.

References

The following references support this type of system-of-interest.