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Home » Technology » LCD Screens For Financial Markets - What to Consider When Purchasing These LCD Screens?

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LCD Screens For Financial Markets - What to Consider When Purchasing These LCD Screens?

Submitted by shweta_msi
Tue, 21 Apr 2009

Financial institutions are using technology to improve the quality of services being offered. LCD screens are prime contributors to quality improvement and improving the overall "look and feel" of various financial institutions like banks and stock markets trading centres.

For example, ICICI Bank in India is using LCD monitors to showcase the bank products and to show the token number for waiting clients, all on the same screen. New York Stock Exchange is using LCD Information Display screens to show stock information and news. The screens provide a clear, continuously updated status list of stock prices, currency exchange rates and other financial information

Financial institutions are also using LCD screen for security purposes where multiple security images are seen on one large screen to give a full panoramic picture of the activities happening in a bank branch or other financial institution.

When buying LCD screens financial institutions are purchasing LCD Information Displays and not LCD TVs. Below please find an analysis of why financial institutions are buying LCD Information Display and what they consider when purchasing theses screen.

What to Consider When Purchasing these LCD Screens for Financial Institutions?

LCD Screen Price: Price is always important however financial institutions are increasingly evaluating the Total Cost of Ownership. Even though LCD TVs are cheaper, their life span can be shorter, especially if operated for extended number of hours in a day. TVs unlike displays are meant for limited number of hour viewing unlike LCD information display that are meant for 24x7 operations.

Ruggedness and Extended Operation Capability: LCD Information Displays unlike LCD TVs are fan-less closed box units. As a result it is harder for dust and other contaminants to penetrate the box. Further LCD informational displays are made for 24x7 operations while LCD TVs are made for limited viewing. Ruggedness and life of the LCD screen is very important to reduce failures of the LCD screens. For financial institution operations where failure of a screen can create significant inconvenience or loss of business, it does not make sense to risk using a LCD TV.

LCD Network Capability: Please make sure that the LCD screen features RS-232 and LAN network connectivity. The network connectivity enables remote monitoring of diverse LCD screens. You can also set alarms if an LCD screen is switched off or not working. Remote monitoring of power and other controls can also be done easily. For example, incase there is no signal, a power save mode can be activated to reduce the brightness of the LCD backlight by activating an energy saving feature.

Picture Quality: Most large LCDs are high definition. High definition LCDs offers better picture resolution, contrast ratio, brightness, colour reproduction and fast response time which results in enhanced picture clarity. High definition, brightness and contrast ratio are vital features for LCDs to have in financial sectors as they have crucial pricing information and other related details. Further, the non glare feature of LCDs allows for easy viewing in ambient light or where there is background light being reflected on the screen. Most new LCDs have 176° viewing angle, making it easy for viewing. Check viewing details to ensure that it meets your quality requirements.

New LCD screen features are continuously emerging in order to attract the prospective users on a large scale. You can read other related articles in order to make the right decision for your LCD purchase.

More details about the LCD and plasma displays visit http://lcddisplay.sbsil.com

 

Shweta Sharma is a regular article contributor on many topics. She has vast exposure in writing article on various topics like LCD technology, LCD Monitors Review etc.


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