Implementation of Infrastructural design for information technology in Research Paper

Implementation of Infrastructural design for information technology in financial environment - Research Paper Example Keywords: servers, farm, co-location, co-lo, IT, information technology, location, maintenance, email, instant messaging, ticketing system Implementation of Infrastructural Design for IT in a Financial Environment I. INTRODUCTION i. Background of the problem The recent advancements in information and technology have resulted in widespread adoption of networked information systems thereby creating new threats to the integrity, and safety of the information infrastructure and transactions in a number of financial environments across the globe. Consequently many banks and other financial organizations are increasingly implementing secure infrastructural designs of information technology in their financial environments not only to secure their sensitive communications and transactions but also to improve the reliability and integrity of their systems. According to Harris (2001, p.39), an effective IT infrastructure design reduces the risks of potential financial losses due to network fau lts while at the same time reducing the expenses related to network management. A properly implemented infrastructural design for information technology in a financial environment often integrates a number of technological components to support business needs of the particular organization. IT infrastructure comprises a group of shared tangible IT resources that offer a foundation to enable present and potential business applications. These recourses include the operating systems, key data. Core data-processing applications network and telecommunication and shared its services. Information management is the heart component of government infrastructure; it is the intellectual capital of accountability governance. Best practices and standards leads in efficient, responsible and cost effective use of resources. IT comprises of a full spectrum of technology and services that back-up information management. Financial institutions are often demanding environments dealing with massive quan tities of sensitive information. In this regard, it is critically important to implement reliable and secure infrastructural designs for such environments to ensure their robust performance as well as provide secure access to information. This paper seeks to detail the specific server farm setup that will be utilized by the company, the design of the IT department, the type of software and hardware that would be best suited for the company, as well as the different possibilities for co-location sites that would be used for the servers themselves. ii. Researcher’s Work Setting and Role The researcher is a graduate student pursing masters of Science Degree in Management. As the lead researcher, my primary role will be to outline the specific research problem and work closely with the other members of the research team towards the achievement of the research goals. I will also be obligated to participate in the data collection processes as well as to provide a supervisory role t hroughout the research. iii. Statement of the problem For any information and communication system in any enterprise to run smoothly a