TY - M-10440
AU - Raghunathan, Niranjana
TI - Integrated Information Management Systems (LIMS) in Banking:
T2 - Scientific Research Journal of Business, Management and Accounting

PY - 2025
VL - 3
IS - 2
SN - 2584-0592

AB - U.S. banking institutions operate at the
intersection of high-volume financial transactions, stringent regulatory
oversight, and increasing public-sector dependency for benefit disbursement and
compliance enforcement. While Laboratory Information Management Systems (LIMS)
originate in scientific domains, their core architectural principles
centralized data governance, workflow automation, and auditability are
increasingly applicable to banking technology through analogous integrated
information management platforms. This paper examines the role of LIMS-inspired
systems in U.S. banking, with particular emphasis on interoperability with
public-sector entities including the Social Security Administration (SSA),
Department of the Treasury, and Internal Revenue Service (IRS). Drawing on
regulatory reports and empirical statistics, we hypothesize that such systems
measurably reduce compliance costs, improper payments, and operational risk,
thereby strengthening financial system resilience. The findings position integrated
information management as critical national banking infrastructure.

KW - integrated information managent
KW - LIMS inspired architecture
KW - banking compliance
KW - Data Provenance
KW - financial stability
DO -