Impact and opportunities of Information System on the banking sector Abstract executive summary Introduction Research Aim and Objective Research Methodology Identified Gaps Advantages Opportunities provided by IT/IS Future of the banking sector Recommendations Overview of the banking sector organisational structure Existing Barriers work practices in the banking area economic feasibility Reference Assignment components Assignment 2 has a total of 20% weighting. Group report scope (20%): With your group, you will undertake a substantial problem related to Global Information Systems from the given topic. You will undertake a study to assess its current approaches, issues, challenges, and potential opportunities arising from global information systems. This study may involve conducting interviews with people in the organisation, reading documentation (e.g. policy/strategy documents), inspecting the organisations information systems, or any other information gathering exercise that helps you better understand the way in which the organisation attempts to manage its resources and synthesise your solution and recommendations. Topics: The future: Where do you see it is going over the next few years? What were the gaps you identified? What are your recommendations? Advantages and disadvantages of setting up a global service alliance who offer integrated logistics solutions. Discuss how a good global IT/IS strategy can provide a given business with a competitive advantage in the market place. The report should formulate broad-based recommendations to comprehensively address the challenges and opportunities presented from a multidimensional perspective. Such recommendations must be rigorously supported by evidence from evolving practise and academic and professional literature. Further explanation of report specifications This will be a major report on a particular style or industry application of a global information system. It will reference both theoretical literature and reports of industry practice and will present original points of view. The main emphasis on the report should be how the system works. While we require both an indication of technology used and a brief discussion of the needs which the system is meant to fulfil, the main issue is how the technology is used to fit these needs. This is not a marketing exercise (nor a treatise on economic theory). While you should obviously believe in and support what you propose, you should point out disadvantages as well as advantages of the system. The report should be in the style of a magazine article (with references) or a book chapter. It will be more structured than an essay (or opinion piece, editorial) but less objective oriented than a report to management. The report must be a coherent group report, not a collection of individual contributions. This can be achieved by good planning before members are assigned their individual tasks, having the individual reports ready at least a week before your presentation, so that the talk can be based on a common theme, and good editing. Some overall hints for consideration: o Effective evaluation of alternatives o Formulate comprehensive recommendations o Support decisions by evidence from the literature o Innovative integration of Information Systems enabled solution o Present and defend recommendations/solution The report can be structured with the following sections: o Overview of the business/organisation (i.e. what it does) o Research methodology o Description of current processes o Description of existing barriers o Possible areas for improvement The report should be written in 12 fonts (Times Roman) and be professionally presented. It is recommended that the name of the organisation you studied is not used in the report but referred to via a pseudonym. Notes Assessment: The report will be assessed according to the Marking guidelines given below. Criteria Marks Research methodology (2 marks) The comprehensiveness of research in terms of the globalisation processes organizational structure, work practices, economic feasibility and implications, risks involved (10 Marks) Level of critical analysis and relevance (6 Marks) Presentation style and clarity (2 Marks) TOTAL MARKS (20 marks) A late penalty of 10% of the subject weighting for the assignment will be applied each day to work that is submitted late, unless prior arrangements have been made with the Subject Coordinator.