IT Outsourcing Strategies

2011 ◽  
Vol 2 (3) ◽  
pp. 27-39 ◽  
Author(s):  
Siva Prasad Ravi ◽  
Ravi Kumar Jain ◽  
Wei Song
Keyword(s):  
Financial Services ◽  
Developed Countries ◽  
It Outsourcing ◽  
It Services ◽  
Organizational Strategies ◽  
Services Sector ◽  
Financial Services Sector ◽  
Private And Public ◽  
Banking Institutions ◽  
Outsourcing Strategies

Several studies pertaining to outsourcing in the banking and financial services sector in developed countries show a gradually growing trend of outsourcing among banking and financial organizations, both in terms of nature and scope of activities outsourced. Outsourcing of Information Technology (IT) services to achieve competitive advantage has become a key part of the organizational strategies in the banking industry. However, not many studies focus on outsourcing trends and practices of banking industries in developing countries like India and China. The present paper investigates the trends in IT outsourcing (ITO) practices among the private and public sector banking institutions in India and makes a comparative analysis of these practices with reference to four importantt dimensions of outsourcing, shoring, sourcing, engagement and duration.

IT Outsourcing Strategies

2013 ◽  
pp. 18-31
Author(s):  
Siva Prasad Ravi ◽  
Ravi Kumar Jain ◽  
Wei Song
Keyword(s):  
Financial Services ◽  
Developed Countries ◽  
It Outsourcing ◽  
It Services ◽  
Organizational Strategies ◽  
Services Sector ◽  
Financial Services Sector ◽  
Private And Public ◽  
Banking Institutions ◽  
Outsourcing Strategies

Several studies pertaining to outsourcing in the banking and financial services sector in developed countries show a gradually growing trend of outsourcing among banking and financial organizations, both in terms of nature and scope of activities outsourced. Outsourcing of Information Technology (IT) services to achieve competitive advantage has become a key part of the organizational strategies in the banking industry. However, not many studies focus on outsourcing trends and practices of banking industries in developing countries like India and China. The present paper investigates the trends in IT outsourcing (ITO) practices among the private and public sector banking institutions in India and makes a comparative analysis of these practices with reference to four importantt dimensions of outsourcing, shoring, sourcing, engagement and duration.

scholarly journals THE IMPACT OF CRISIS TRENDS IN BANKING ON EXPANDING FINANCIAL SAFETY NET

TEME ◽  
2018 ◽  
pp. 899
Author(s):  
Mirjana Jemović ◽  
Borko Krstić
Keyword(s):  
Financial Institutions ◽  
Financial Services ◽  
Financial Stability ◽  
Safety Net ◽  
Regulatory Framework ◽  
Services Sector ◽  
Financial Services Sector ◽  
Banking Institutions ◽  
The Impact ◽  
Financial Safety Net

Stable and efficient functioning of financial institutions, especially banking institutions, requires the existence of an adequate regulatory framework. The differences in the character and functioning of financial institutions caused differences in the regulatory approaches for maintaining stability and efficiency, whereby one should bear in mind that even within a concrete financial system, the regulatory framework evolves in order to be able to respond to new trends in the financial services sector. A growing homogenization of activities and a less noticeable difference among financial institutions caused the financial safety net to expand to non-bank financial institutions in order to maintain financial stability. The aim of this paper is to consider the justification and implications of such an expansion. Considering the fact that financial safety net „expansion“ stimulates riskier behaviour of protected institutions, this paper offers suggestions for dealing with this problem in order to reduce it as much as possible. 

Analysis of GRI Reporter

Think India ◽  
2013 ◽  
Vol 16 (2) ◽  
pp. 40-54
Author(s):  
Inten Meutia
Keyword(s):  
Developing Countries ◽  
Financial Services ◽  
Descriptive Analysis ◽  
Sustainability Reporting ◽  
Developed Countries ◽  
Services Sector ◽  
Financial Services Sector ◽  
Sustainability Reports

This paper reports the characteristic of GRI Reporters. GRI Reporters are corporates that make a sustainability reporting based on GRI guideline and report their reporting to GRI. This paper provides descriptions about the type of corporation, sector of corporation, the region and country, membership of country (OECD and DAC), and application level of corporation of the GRI reporters. From the descriptive analysis, we get information that more companies have the awareness to publish sustainability reports. In this paper, we do analysis on some interesting phenomenons; those are: indication that sustainability reporting has been the concern of SMEs as well as other corporations, financial services sector is the largest sector of the GRI reporter, and in fact many GRI Reporters come from developing countries, instead of developed countries.

Protection of Customers for Management of Digital Banking Services (Study at PT. BRI Unit Boyolali)

2020 ◽  
Vol 3 (2) ◽  
pp. 170
Author(s):  
Herdian Ayu Andreana Beru Tarigan ◽  
Darminto Hartono Paulus
Keyword(s):  
Information Technology ◽  
Financial Services ◽  
Banking Industry ◽  
Service Innovation ◽  
Quality Of Services ◽  
Legal Research ◽  
Banking Services ◽  
Services Sector ◽  
Financial Services Sector

<p>Increasing competition in the Indonesian banking industry has encouraged many banks to improve the quality of services to customers by utilizing information technology developments. Service innovation in the use of information technology encourages banks to enter the era of digital banking services. However, the development of digital banking services also increases the risks faced by banks. The purpose of this study is to provide an overview of the implementation of digital banking services and customer protection for risks from digital banking services. The method used in this study is an empirical legal research method. The results of this study indicate that the implementation of digital banking services is regulated by OJK Regulation No.12/POJK.03/2018. The existence of this OJK Regulation is expected by banks as providers of digital banking services to always prioritize risk management in the use of information technology. In addition, this study also shows the existence of 2 types of customer protection for the use of digital banking services, namely preventive protection in the form of legislation related to customer protection in the financial services sector and repressive protection in the form of bank accountability for complaints from customers using digital banking services.</p>

scholarly journals The Interplay between Board Characteristics, Financial Performance, and Risk Management Disclosure in the Financial Services Sector: New Empirical Evidence from Europe

2021 ◽  
Vol 14 (2) ◽  
pp. 79
Author(s):  
Gratiela Georgiana Noja ◽  
Eleftherios Thalassinos ◽  
Mirela Cristea ◽  
Irina Maria Grecu
Keyword(s):  
Risk Management ◽  
Financial Performance ◽  
Financial Services ◽  
Structural Equation ◽  
Supervisory Board ◽  
Fiscal Year ◽  
Services Sector ◽  
Board Characteristics ◽  
Financial Services Sector ◽  
Thomson Reuters

This paper empirically evidences the role played by board characteristics (skills, diversity, structure, independence) in supporting risk management disclosure and shaping the financial performance of European companies operating in the financial services sector. We exploit data selected from Thomson Reuters Eikon database in 2020 for the last fiscal year 2019 (FY0) on a longitudinal sample of 144 companies with the head offices in Europe (25 countries). Following an original empirical approach based on two modern financial econometric techniques, namely structural equation modelling (SEM) and network analysis through Gaussian graphical models (GGMs), the research endeavor outlines the decisive importance of an optimal board size, enhanced management skills, upward gender diversity (encompassed by women participation on board management), and structure (mainly a two-tier type, one management board, and a distinctive supervisory board) as fundamentals of risk management strategies, leading to improved financial achievements and a higher profitability for the analyzed companies.

Sign in / Sign up

Export Citation Format

Share Document