Skip to main content
Top

2014 | OriginalPaper | Chapter

Reducing Systems Implementation Failure: A conceptual Framework for the Improvement of Financial Systems Implementations within the Financial Services Industries

Authors : Derek Hubbard, Raul Valverde

Published in: Modern Trends and Techniques in Computer Science

Publisher: Springer International Publishing

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

The financial industry continues to change, become more global, complex and important to economies all around the work. The industry continues to be in flux and the world financial crisis has resulted in changes that have changed the industry for good. The need for agile, accurate and detailed financial systems has never been so important. This research discusses the issues associated with implementing financial systems within financial services companies, a conceptual framework has been built that will help reduce the risk of implementation failure in future financial systems implementations. Financial experts can use the framework to reduce system implementation risk; help deliver projects on time to budget whilst meet the functionality requirements of stakeholders.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Technik"

Online-Abonnement

Mit Springer Professional "Technik" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 390 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Maschinenbau + Werkstoffe




 

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
1.
go back to reference Simon, P.: Why new systems fail: An insider’s guide to successful IT projects. Course Technology, (2010) Simon, P.: Why new systems fail: An insider’s guide to successful IT projects. Course Technology, (2010)
2.
go back to reference Aldammas, A., Al-Mudimigh, A.: Critical success and failure factors of ERP implementations: two cases from the Kingdom of Saudi Arabia. J. Theor. Appl. Inf. Technol. 28(2), 73–82 (2011) Aldammas, A., Al-Mudimigh, A.: Critical success and failure factors of ERP implementations: two cases from the Kingdom of Saudi Arabia. J. Theor. Appl. Inf. Technol. 28(2), 73–82 (2011)
3.
go back to reference Schoenmaker, D.: Banking supervision and resolution: the European dimension. Law Financ. Markets Rev. 6(1), 52–60 (2012)CrossRef Schoenmaker, D.: Banking supervision and resolution: the European dimension. Law Financ. Markets Rev. 6(1), 52–60 (2012)CrossRef
4.
go back to reference Hendrickson, J.M.: Regulation and instability in U.S. commercial banking [Electronic Book]: A history of crises. Palgrave Macmillan, Basingstoke (2010) Hendrickson, J.M.: Regulation and instability in U.S. commercial banking [Electronic Book]: A history of crises. Palgrave Macmillan, Basingstoke (2010)
5.
go back to reference Morrow, R.R.: UBS sees integration as key after trading loss. Asia Money 22(9), 18–19 (2011) Morrow, R.R.: UBS sees integration as key after trading loss. Asia Money 22(9), 18–19 (2011)
6.
go back to reference Lenzner, R.: The games played by JP Morgan Chase, Forbes.Com. p. 7, (2012) Lenzner, R.: The games played by JP Morgan Chase, Forbes.Com. p. 7, (2012)
7.
go back to reference Varriale, G.: ‘Barclays rate-fixing scandal: Libor alternatives analyzed.’ Int. Financ. Law Rev., 31(6): 68, (2012) Varriale, G.: ‘Barclays rate-fixing scandal: Libor alternatives analyzed.’ Int. Financ. Law Rev., 31(6): 68, (2012)
8.
go back to reference Park, C,. IM, G., Keil, M.: Overcoming the mum effect in IT project reporting: the effect of time pressure and blame shifting, In Academy Of Management Annual Meeting Proceedings, pp. F1–F6. (2006) Park, C,. IM, G., Keil, M.: Overcoming the mum effect in IT project reporting: the effect of time pressure and blame shifting, In Academy Of Management Annual Meeting Proceedings, pp. F1–F6. (2006)
9.
go back to reference Jiang, J.: Software project risks and development focus. Project Manage. J. 32(1), 4–9 (2001) Jiang, J.: Software project risks and development focus. Project Manage. J. 32(1), 4–9 (2001)
10.
go back to reference Remenyi, D., Williams, B., Money, A., Swartz, E.: Doing Research in Business and Management: An Introduction to Process and Method. Sage Publications, London (1998)CrossRef Remenyi, D., Williams, B., Money, A., Swartz, E.: Doing Research in Business and Management: An Introduction to Process and Method. Sage Publications, London (1998)CrossRef
Metadata
Title
Reducing Systems Implementation Failure: A conceptual Framework for the Improvement of Financial Systems Implementations within the Financial Services Industries
Authors
Derek Hubbard
Raul Valverde
Copyright Year
2014
DOI
https://doi.org/10.1007/978-3-319-06740-7_17

Premium Partner