Kindly provide scholarly research and citations for the following 1. identify and explain essential database design principles suc as normalization, data modeling and the importance of indexing 2. provide examples of how these priniciples would apply to a bank's specfic needs, including managing customer information, transaction records and compliance data. 3. outline capabilities of a modern DBMS, including data storage, retrieval and management capabilites. 4. discuss why a relational DBMS is mighty for banking operatiions, focusing on its ability to manage complex data relationships, enforce data integrity and provide flexible query capabilities. 6. the importance of establishing a robust information policy that governs data usage, accesss and security within a bank. 7. explain the role of data administration in maintaining the bank's database systems, ensuring data integrity, and facilitation effective data management practices
Kindly provide scholarly research and citations for the following
1. identify and explain essential
2. provide examples of how these priniciples would apply to a bank's specfic needs, including managing customer information, transaction records and compliance data.
3. outline capabilities of a modern DBMS, including data storage, retrieval and management capabilites.
4. discuss why a relational DBMS is mighty for banking operatiions, focusing on its ability to manage complex data relationships, enforce data integrity and provide flexible query capabilities.
6. the importance of establishing a robust information policy that governs data usage, accesss and security within a bank.
7. explain the role of data administration in maintaining the bank's database systems, ensuring data integrity, and facilitation effective data management practices
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