Tuesday, 22 March 2016

REVIEW ABOUT DOP FINACLE

Why Finacle is always getting slow/hanging/not responding properly.

Reasons may be the following:

  1. Web server traffic limit exceeding( for example My mobile has a web server called Bitweb. it will be efficient for client--server web applications. But it's traffic limit is 999. It means when more than 999 people uses that web application automatically my server hangs and it doesn't respond until the administrator clears the traffic queues. The same may be happening in our finacle)
  2. Network issues( i.e. server should be able to output the data with high bandwidth speed to clients. If the network issue is from client only the sufferer clients will face issue. But all clients facing same issue.. so the network issue is from Server only.
  3. Bandwidth Speed( First of all server configured with high speed of bandwidth. Suppose My server configured with 1mbps speed, but the clients having 4mbps bandwidth for access of web application then they will only able to get out from my server is 1mbps. if the number of users is 100. then the speed devided to 100 i.e. 1024/100=10.24 kbps speed response only you will get from server. The same may be happening in Finacle.)
  4. Clients having only 256kbps speed of network ( But it may be false. Because we have own WAN network with SIFY, and the server has to be capable to serve clients efficiently effectively and speedily. So the client speed is not big issue with best of my knowledge)
Actually Infosys team said that 100kbps speed is sufficient for clients.
But it's their lack of knowledge of DOP Transactions flow, DOP strength in work load.
Overall my review about finacle is, " A review should be conducted with the team who are running server and with the DOP employees and administrative staff..No bank is suffering like our Finacle though it has been using in 84 countries and about 154+ clients.
But the joke is, in their website they mentioned some of major banks like SBI,PNB,RCBC,KMB etc DOP is not in their clients list though they bags 600cr project from DOP which is a big project than other clients.

7TH PAY COMMISSION ENHANCED SALARIES, ARREARS TO BE PAID IN JULY

New Delhi: The central government is going to start payment of salaries and pensions to its 48 lakh employees and 52 lakh pensioners according to the 7th Pay Commission recommendations from July along with six months’ arrears.

The Seventh Pay Commission report was presented to Finance Minister Arun Jaitley in November.
The payments will be made following the pay-fixation method in the new pay matrix which has been suggested in place of pay band and grade pay by the Seventh Pay Commission.

The government’s overall arrears payout will be lower because of only six months arrears this time, compared to the previous pay commission, which came in late.

The government has been provisioned Rs 70,000 crore in the Union Budget 2016-17 to meet the demand for the new pay commission award that will be made effective from January 2016.

Basic salary of central government employee will almost be 30 percent hiked under the new pay commission award with employees in the lower rung are likely to get the highest percentage of raise.

“We’re at the final stage for issuing the notification and 3-4 more months will be required to implement, so we hopefully say that they will get new pay and arrears in the July,” a source close to the developments told The Sen Times.

The report of the Seventh Pay Commission was presented to Finance Minister Arun Jaitley in November with a recommendation for raising minimum pay to Rs 18,000 per month from current Rs 7,000 while the maximum pay, drawn by the Cabinet Secretary, has been fixed at Rs 2.5 lakh per month from current Rs 90,000.

The panel recommended a 14.27 per cent increase in basic pay. The overall increase in salary, allowances and pensions is 23.55%. The increase in allowances will be higher by 63% while pensions will rise 24%.

The government set up a 13-member Empowered Committee of Secretaries (CoS) headed by Cabinet Secretary P K Sinha for processing the report of the Seventh Pay Commission before cabinet nod.

An Implementation Cell has been created in the Finance Ministry which works as the Secretariat of the Empowered Committee. All central government employees unions’ submitted their written demands in respect of seventh pay commission’s anomalies in the cell to review, which are under process.