Author: Paolo NeirottiPublisher:
ISBN:
Category :
Languages : it
Pages : 0
Book Description
The impact of information technology on organizational models and productivity in financial services industry
Author: Paolo NeirottiEffects of Information Technology on Financial Services Systems
Author: Advances on information Technologies in the Financial Services industry
Author: Robert J. KauffmanPublisher: Psychology Press
ISBN: 1135588449
Category : Psychology
Languages : en
Pages : 104
Book Description
The financial services industry is changing under the stimulus of advances in information technology (IT), telecommunications, and the Internet. Technological innovations and growing customer demand and sophistication have led to the emergence of new electronic financial markets, organizational forms for financial services firms, products, and product delivery capabilities. This special issue highlights Information Systems (IS) research on management topics in the financial services that involve IT. The authors utilize a mix of research methodologies to examine a range of innovative applications of IT in the financial services industry.
Digital Transformation of the Financial Industry
Author: Slađana BenkovićPublisher: Springer Nature
ISBN: 3031232690
Category : Business & Economics
Languages : en
Pages : 337
Book Description
This book presents a collection of state-of-the-art research findings on the digital transformation of financial services. Digitalization has fundamentally changed financial services and has a tendency to reshape the landscape of the financial industry in an unprecedented manner. Over the last ten years, the development of new financial technologies has contributed to the creation of new business and organizational models, along with new approaches to service delivery. By encompassing significant conceptual contributions, innovations in methods and techniques, and by delineating the main applications of digital transformation in Central and Eastern Europe (CEE), the volume extends current knowledge on digital transformation in the financial industry. The book is divided into two parts. The first part provides a social-science perspective on digital transformation in the financial industry. The second part provides the most recent evidence on how financial technologies are transforming financial services on the markets, and how the adoption of modern information technologies fosters setting up new financial services. Further, this part outlines new approaches to digital transformation in the financial industry. This book will appeal to students, scholars, and researchers of finance, monetary economics, and business, as well as practitioners interested in a better understanding of the digital transformation of financial services, new financial technologies, and innovations in finance.
Effects of Information Technology on Financial Services Systems
Author: Information Technology in the Service Society
Author: National Research CouncilPublisher: National Academies Press
ISBN: 9780309048767
Category : Computers
Languages : en
Pages : 290
Book Description
Information technology has been touted as a boon for productivity, but measuring the benefits has been difficult. This volume examines what macroeconomic data do and do not show about the impact of information technology on service-sector productivity. This book assesses the ways in which different service firms have selected and implemented information technology, examining the impact of different management actions and styles on the perceived benefits of information technology in services.
Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance
Author: El Bachir BoukherouaaPublisher: International Monetary Fund
ISBN: 1589063953
Category : Business & Economics
Languages : en
Pages : 35
Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Does IT Help?
Author: Toni AhnertPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 0
Book Description
"This paper provides novel evidence on the importance of information technology (IT) in banking for entrepreneurship. To guide our analysis, we build a parsimonious model of bank screening and lending. The model predicts that IT in banking can spur entrepreneurship by making it easier for startups to borrow against collateral. We empirically show that job creation by young firms is stronger in US counties that are more exposed to IT-intensive banks. Consistent with a strengthened collateral channel, entrepreneurship increases by more in IT-exposed counties when house prices rise. Regressions at the bank level further show that banks' IT adoption makes credit supply more responsive to changes in local house prices, and reduces the importance of geographical distance between borrowers and lenders. These results suggest that IT adoption in the financial sector can increase dynamism by improving startups' access to finance."--Abstract.
Does IT Help? Information Technology in Banking and Entrepreneurship
Author: Toni AhnertPublisher: International Monetary Fund
ISBN: 1513591800
Category : Business & Economics
Languages : en
Pages : 57
Book Description
This paper analyzes the importance of information technology (IT) in banking for entrepreneurship. To guide our empirical analysis, we build a parsimonious model of bank screening and lending that predicts that IT in banking can spur entrepreneurship by making it easier for startups to borrow against collateral. We provide empirical evidence that job creation by young firms is stronger in US counties that are more exposed to ITintensive banks. Consistent with a strengthened collateral lending channel for IT banks, entrepreneurship increases more in IT-exposed counties when house prices rise. In line with the model's implications, IT in banking increases startup activity without diminishing startup quality and it also weakens the importance of geographical distance between borrowers and lenders. These results suggest that banks' IT adoption can increase dynamism and productivity.
An Analysis of the Combined Effects of Advanced Information Technologies and Enterprise Risk Management on Organizational Performance
Author: LaVern Ava MilesPublisher:
ISBN:
Category : Industrial management
Languages : en
Pages : 0
Book Description
Enterprise Risk Management (ERM) has been discussed in practice and in academic research for several years. Research has primarily focused on (a) understanding the approach and processes that define the frameworks for creating and implementing an ERM program and (b) the use of ERM to identify and mitigate daily business risks such as cyber risk and black swan events that have changed the way the world conducts business. Many organizations have struggled with measuring the value derived from their investments in ERM programs. Investments have evolved to include the use of ERM software, paired with other advanced information technologies such as data analytics to improve an organization's ability to proactively identify and assess the impact of risk. There is limited research on evaluating the return on investment based on organizational performance. This study uses a linear regression model to assess the association of various advanced information technologies in ERM on organizational performance. The model provides the context for consideration of technology on performance as defined by gross profit; this concept forms the basis for the construct and analysis approach of this research. The study results demonstrate that data analytics, the Internet of Things (IoT) and ERM frequency have a positive association with organizational performance overall. This effect was found to be more pronounced in the information technology industry, but not significant in manufacturing and financial services.