Application of Management Information Systems in the Financial Sector: An overview of FinTech Innovations

•

0 likes•59 views

Technological innovation is transforming the world quickly, especially in the Fourth Industrial Revolution (4IR) age. The financial sector is also changing overwhelmingly with technology. This sector is considered the backbone of an economy. It is evident that without the direct support of Management Information Systems (MIS) in this sector, commonly known as Financial Management Information System (FMIS), or Financial Information System (FIS), or Financial Technology (FinTech), this milestone cannot be reached. Moreover, it is Information Technology (IT) that facilitates the rapid development of this sector while ensuring a high level of safety and security through the application of FinTech. The development of this sector demands security, transparency, efficiency, integrity, and accountability. The most widely adopted FinTech innovations include virtual currencies, instant payments, digital lending, Wealth Technology (WealthTech), Insurance Technology (InsurTech), Islamic FinTech or ShariahTech, Regulatory Technology (RegTech), Supervisory Technology (SupTech), etc., which are shaping the future of the financial sector. For instance, one of the major revolutions in the financial sector is green banking, made possible through FinTech, which creates a win-win situation for multiple stakeholders by accelerating financial services and preserving the environment. Therefore, embracing MIS not only facilitates the growth of the financial sector but ensures sustainable practices.

Technology

85
Application of Management Information Systems in the Financial Sector
Application of Management Information
Systems in the Financial Sector: An overview of
FinTech Innovations
Dr. Abul Khayer*
Samsul Alam**
Abstract: Technological innovation is transforming the world
quickly, especially in the Fourth Industrial Revolution (4IR)
age. The financial sector is also changing overwhelmingly
with technology. This sector is considered the backbone of
an economy. It is evident that without the direct support
of Management Information Systems (MIS) in this sector,
commonly known as Financial Management Information
System (FMIS), or Financial Information System (FIS), or
Financial Technology (FinTech), this milestone cannot be
reached. Moreover, it is Information Technology (IT) that
facilitates the rapid development of this sector while ensuring
a high level of safety and security through the application of
FinTech. The development of this sector demands security,
transparency, efficiency, integrity, and accountability. The
most widely adopted FinTech innovations include virtual
currencies, instant payments, digital lending, Wealth
Technology (WealthTech), Insurance Technology (InsurTech),
Islamic FinTech or ShariahTech, Regulatory Technology
(RegTech), Supervisory Technology (SupTech), etc., which
are shaping the future of the financial sector. For instance,
one of the major revolutions in the financial sector is green
banking, made possible through FinTech, which creates a
win-win situation for multiple stakeholders by accelerating
financial services and preserving the environment. Therefore,
embracing MIS not only facilitates the growth of the financial
sector but ensures sustainable practices.
* Associate Professor, Department of International Business, University of
Dhaka, Dhaka-1000, Bangladesh
** Lecturer, Department of Management Information Systems (MIS), Begum
Rokeya University, Rangpur, Rangpur-5404, Bangladesh

Industry of Financial Technologies This report on the Study of the Financial Technologies was submitted on May 3, 2016 as part of the Requirements in TM 206 Technology Marketing and Commercialization This Industry Study was conducted by Alexis Dogwe Camille Eusebio Maurice Gonzales Leslee May Tandoc Al Marie Tating under the supervision of Prof. Edison D. Cruz Masters in Technology Management Technology Management Center University of the Philippines, Diliman, Quezon City

Fintech paper

Indian Institute of Management, Lucknow

State of fintech report

PAYFORT

Information Technology For Educational Development

Theresa Singh

1430 Women In Fintech Startups Taking Fintech by Storm Presentation.pdf

Career Communications Group

If it feels like there are more women in FinTech startups than ever before, then you are correct. Before 2010, less than 6% of Fintech companies had a woman as a founding member. By 2018, that rate had doubled to 20%, and by 2020, it was almost 30%. These early female startup founders are signifying a new era of financial companies with enhanced diversity, progressive thinking, and redesigning the potential of FinTech. Our panel of trailblazers will share their stories on how to gain access to the world of Fintech and took the FinTech world by storm. At the end of this session, participants will be able to: a. Discover how women business owners are shaping the face of FinTech. b. Learn how to research industries and market potential. c. Apply Fintech concepts to the dynamic world of finance and banking. d. Understand the transformations Fintech brings to financial services.

Fintech: finance accounting and technology.pptx

subhakantskm

📗 Fintech Trends for 2022 – Building for Resilience & Security Since we first published our white paper on the state of play for technology in modern financial services, a lot has gone on. However, the overarching themes of this paper remain relevant: financial services and products must be based on trusted, secure and resilient tech for the exciting innovations in the industry to take hold. Our Fintech Marketing Lead, Michael Jaiyeola, produces this paper in collaboration with our global fintech clients, internal engineering and project management teams and influential subject matter experts [see below]. 👉 Discover 5 key tech trends shaping modern financial services. 👉 Learn how to bridge the gap between business and tech functions for strategic success. “Here we bring you a report that describes some of the technologies needed to be competitive, agile and innovative in this new age of human-centric technology.” @Phil Harrison, CCO Fintech Trifork & Erlang Solutions. #emergingtech #financialservices #diversityandinclusion #womenintechnology #futureofwork #distributedcomputing #systemresilience #cybersecurity #web3 #blockchain #cbdc #payments #ai #embeddedfinance #opensourcesoftware #functionalprogramming #erlang #elixirlang

Financial Technology (Fintech) Beginners Guide: An Introduction to Fintech

INDRANIL BAKSHI

Fintech is a retrench of Financial Technology. Fintech is a modern era tech that claims to simplify our payment methods, improve and integrate our payment process. Financial technology brings in 2005 and was innovated by Chris Skinner. It took several years to get successful use of this technology. Nowadays it become more famous for some Banking Startups, those are claiming to be beyond banking like Rapipay, Bharatpay, etc also check fintechlearner.com

Informe Global sobre Tecnologías de la Información 2015: TICs

Aura Systems Perú

Global IT report in 2015

Tuan Anh Nguyen

WEF ICT Global it report 2015

William Henry Vegazo Muro

Artificial Intelligence in Finance: Applications, Challenges and Opportunities

IRJTAE

Artificial Intelligence (AI) is reshaping the financial industry by introducing innovative solutions for algorithmic trading, fraud detection, and risk management. This paper explores the current state of AI applications in finance, delves into the challenges related to data quality, regulatory compliance, and algorithmic bias, and discusses potential solutions. The findings underscore the transformative potential of AI in finance while highlighting the critical issues that need addressing to ensure a fair, transparent, and efficient financial ecosystem.

FIN TECH INDUSTRY.pptx

Muhammed785214

Yaser nasser alulait speaks on financial technology

Yaser Nasser Alualit

Yaser Nasser Alulait says thousands of face-to-face and online courses are available to help you learn finance and investing. Teaching students the value of money is an important part of their education, and many educators are beginning to offer financial literacy education, from integrating financial standards into mathematics or social and economic studies to adding personal finance courses standalone to degree requirements. Visit: http://www.cryptosporidiumblog.com/

Omlis Data Breaches Report - An Inside Perspective

Omlis

The rise in digital and mobile financial services has introduced an onset of increased data breaches over the last few years. The digital revolution has undermined the traditional framework used to regulate financial institutions, which has led to areas of vulnerability within their security systems. In the report, Data Breaches: An Inside Perspective, Omlis conducted in-depth interviews with experienced cyber security professionals to understand why TFIs (traditional financial institutions) aren't adequately addressing security weaknesses. In our research, the discussions centered on the types of security systems employed by TFIs, personal and industry-wide attitudes to security, and the types of security measures used to prevent breaches. The findings indicate that TFIs current preference towards technology creates an increasingly complex system with associated vulnerabilities and ultimately it requires greater manual input for maintenance and updates. There are also issues related to the attitudes of employees and difficulties implementing comprehensive and in-depth incident strategies. Taking this into account, the report suggests a new direction for TFI's security systems to provide secure, innovative solutions.

Information Security - Hiring Trends and Trends for the Future PDFAlexander Goodwin

Delusions of-safety-cyber-savvy-ceo

Cyber Threat Intelligence Network

Cyber savvy (2)naveen p

Fintech & Financial Inclusion.pptx

BuddhadevSinha2

Since the 2008 global financial crisis revealed the intrinsic limitations of market-driven economic system despite its own merits incomparable to other alternatives, civil society and policymakers altogether have called for more shrewd policy actions that can achieve two critical public policy goals at once: promoting financial empowerment of the less privileged and enhancing competition in the financial market. While the emergence of fintech in financial markets in the past few years cannot be attributed to the competence of financial regulators and policymakers as to this call, what fintech has already achieved in terms of financial inclusion and competence of financial markets through disruption of traditional financial market structure demonstrate the importance of fintech as a strategy and policy tool of achieving the goal of inclusive growth.

Jonker - FinTech (paper for ITechLaw European Conference 2015)Louis Jonker

Your Daily Dose Of Kissht News .pptx

Kissht reviews

India FinTech Report 2020 - 2nd edition, Executive Summary

MEDICI Inner Circle

Whitepaper Pro-active Security Management 2006.pdf

serve&solve

FinTech Innovation Model 2015

Hewlett Packard Enterprise Business Value Exchange

An Analysis of Indian Commercial Dynamism in International Trade: 2000-2021

Samsul Alam

The study first looks at the fundamentals of growth rate, trade balance, coverage rate, openness rate, and the share of global indicators before presenting each of them in more detail. It thus assesses India's overall commercial dynamism. A thorough analysis is made using data gathered from the World Bank's databank in order to carry out this study. An analysis of time series data is performed using data from 2000 to 2021. MS Excel is then used to analyze the data and provide a suitable interpretation. The results show that India has an average growth rate of 12.16 for imports and 12.02 for exports, a deficit trade balance over the years, a coverage rate that ranges from 78.49 (2012) to 97.97 (2020), trade openness that ranges from 26 (2001) to 56 (2012) percent, and a total global market share of 2.52 (2021) and 0.79. (2000). Researchers, other stakeholders in the field, and policymakers in nearby countries, specifically mentioning Bangladeshi, Pakistani, Myanmar and Indian governments, could all benefit from this study's findings.

Predicting students’ intention to continue business courses on online platfor...

Samsul Alam

The objective of this study was to analyze the intention of a University's business department students to continue their studies on e-learning platforms during the ongoing COVID-19 pandemic. To this end, a questionnaire was developed to collect primary data from students in business fields. The study took into account more than 285 respondents from two different universities and relied on the expectation confirmation model (ECM) theory and the structural equation model. The partial least squares (SEM-PLS) method was used to analyze the data. The results of the study showed that task skills (TS) and task challenges (TC) were significant for the enjoyment (EN) of the students which in turn had a positive effect on the satisfaction levels. Confirmation (CON) had an impact on the post adoption perceived usefulness (PAPU), which was deemed positive for student satisfaction (SAT). The SAT and psychological safety (PS) of online learning platforms were found to positively influence the continuance intention (CI) on e-learning platforms. Finally, both SAT and PS of online learning platforms were observed to positively influence CI on e-learning platforms. Further research in this area could be useful in making decisions about promoting educational programs based on e-learning. The researchers recommend that academicians and policymakers must ensure appropriate arrangements for teaching on e-learning platforms.

Similar to Application of Management Information Systems in the Financial Sector: An overview of FinTech Innovations

Technology in financial servicesRushay Parikh

The Fintechs

Software Infrastructure

Fintech_Trends_for_2022_report_by_Erlang_Solutions.pdf

Erlang Solutions

Financial Technology (Fintech) Beginners Guide: An Introduction to Fintech

INDRANIL BAKSHI

Informe Global sobre Tecnologías de la Información 2015: TICs

Aura Systems Perú

Global IT report in 2015

Tuan Anh Nguyen

WEF ICT Global it report 2015

William Henry Vegazo Muro

Artificial Intelligence in Finance: Applications, Challenges and Opportunities

IRJTAE

FIN TECH INDUSTRY.pptx

Muhammed785214

Yaser nasser alulait speaks on financial technology

Yaser Nasser Alualit

Omlis Data Breaches Report - An Inside Perspective

Omlis

Information Security - Hiring Trends and Trends for the Future PDFAlexander Goodwin

Delusions of-safety-cyber-savvy-ceo

Cyber Threat Intelligence Network

Cyber savvy (2)naveen p

Fintech & Financial Inclusion.pptx

BuddhadevSinha2

Jonker - FinTech (paper for ITechLaw European Conference 2015)Louis Jonker

Your Daily Dose Of Kissht News .pptx

Kissht reviews

India FinTech Report 2020 - 2nd edition, Executive Summary

MEDICI Inner Circle

Whitepaper Pro-active Security Management 2006.pdf

serve&solve

FinTech Innovation Model 2015

Hewlett Packard Enterprise Business Value Exchange

Similar to Application of Management Information Systems in the Financial Sector: An overview of FinTech Innovations (20)

Technology in financial services

The Fintechs

Fintech_Trends_for_2022_report_by_Erlang_Solutions.pdf

Financial Technology (Fintech) Beginners Guide: An Introduction to Fintech

Informe Global sobre Tecnologías de la Información 2015: TICs

Global IT report in 2015

WEF ICT Global it report 2015

Artificial Intelligence in Finance: Applications, Challenges and Opportunities

FIN TECH INDUSTRY.pptx

Yaser nasser alulait speaks on financial technology

Omlis Data Breaches Report - An Inside Perspective

Information Security - Hiring Trends and Trends for the Future PDF

Delusions of-safety-cyber-savvy-ceo

Cyber savvy (2)

Fintech & Financial Inclusion.pptx

Jonker - FinTech (paper for ITechLaw European Conference 2015)

Your Daily Dose Of Kissht News .pptx

India FinTech Report 2020 - 2nd edition, Executive Summary

Whitepaper Pro-active Security Management 2006.pdf

FinTech Innovation Model 2015

More from Samsul Alam

An Analysis of Indian Commercial Dynamism in International Trade: 2000-2021

Samsul Alam

Predicting students’ intention to continue business courses on online platfor...

Samsul Alam

Linking Competitive Strategies with Human Resource Information System: A Comp...

Samsul Alam

Understanding how human resource information system (HRIS) is linked with competitive strategies (CSs) has become an important research topic in the field of strategic human resource management (SHRM) and information systems (IS). This study intends to find a relationship between HRIS and CSs and the resulting competitive advantages gained from the relationship that impact the organization's overall performance. A semi-structured questionnaire survey based on the face-to-face interview method was conducted among human resource (HR) executives of the selected Bangladeshi business organizations to collect data and find results. The result shows that HRIS implementation has a significant influence on CSs. Again, HRIS contributes to leveraging benefits from these strategies. The statistical findings reveal that HRIS pay-off (36%) is positively correlated (37%) with CSs to a lower-medium extent, but this correlation insignificantly affects business performance in this horizon. Finally, a framework is developed showing how to leverage HRIS pay-off based on findings and literature.

The Role of Technology Entrepreneurship in Facilitating Corporate Donations: ...

Samsul Alam

With the accelerated pace of technological innovation, many local and international corporations have been entering into e-Marketplace, launching new business models, and constantly generating new ideas for serving the society. The rising labor costs of business necessitate the exploitation of the evolving e-Business technologies for the optimal utilization of corporate donations. Such technologies have transformed the B2B global marketing of products and services from developing countries, as seen from the success of the Alibaba group in China. The purpose of this study is to develop a B2B social e-Business (SeB) model and subsequent implementation of a digital platform to facilitate donations from donors to eligible recipients all over the world. A case study has been presented to illustrate the practical feasibility of the model.

COVID-19 impact on Facebook-based social commerce in Bangladesh

Samsul Alam

Popular social media Facebook-oriented social commerce (S-commerce), commonly known as Facebook commerce (F-commerce) has progressed towards a bevy business in Bangladesh. Many young people, especially at the age of 20-28, are now in this industry. The pandemic situation due to coronavirus disease 2019 (COVID-19) forces people to buy more from the online market because of the safety issue. People are getting more interested in the new trend of buying from an online store. The current study aims to explore the impact of COVID-19 on F-commerce, particularly in Bangladesh. It uses the non-probability purposive sampling method and collects 181 usable responses through an online questionnaire. A research model is developed following the social commerce acceptance model (SCAM), and structural equation model partial least square (SEM-PLS) using SmartPLS 3.0 is applied to find out and justify the result. Likert five-point scale for determining the independent variables, including COVID-19 awareness (CA), consumer behavior (CB), and purchase intention (PI), is used. The study result confirms that these three variables have a positive impact on F-commerce. The survey covers other measurable items that indicate some assumptions, which reflect F-commerce consumers’ behavior. The researchers recommend that F-commerce businesspeople must emphasize on mitigating trust issues and provide enhanced home delivery service.

Ready-made garments inclusion: A study on science and technology park of Extr...

Samsul Alam

The ready-made garments (RMG) can have a noteworthy contribution to the economy of a country when it possesses a noticeable application of technology and innovation in its design attractiveness, healthier aspects of body and environment. The primary purpose of this study is to show the relevance of including RMG sector in Science and Technology Park of Extremadura (PCTEx), Spain in Badajoz zone. Based on the study result, it is proposed to include this promising sector in this area that has impact. The conclusion finds that the PCTEx can include the sector in this area that can ensure greater impact in social and financial gain of the economy. The study follows case study method and the results produced based on face to face interview using unstructured open-ended questionnaire. The findings support that if this industry tends to run and is supervised by the PCTEx authority in Badajoz, with the influence of this non-government association, it will flourish with its superior performance and in turn will contribute to the development of the region by creating employment opportunity for a number of unemployed people especially for women and to the country economy as a whole. The availability of low-cost human resources especially high-tech equipment and industry-friendly environment all work behind the motivation of the inclusion of this industry in Badajoz, Spain.

Is It Feasible to Include Ready-Made Garments Sector in Badajoz Zone under Sc...

Samsul Alam

The Ready-Made Garments (RMG) might have a remarkable contribution to a country's economy once it possesses an understandable application of technology and innovation in its style attractiveness, healthier aspects of body and its environmental settings. The primary purpose of this study is to explore the relevance of including RMG sector in the Science and Technology Park of Extremadura (PCTEx) in Badajoz province of Spain. For this purpose, a case study based on face to face interview method is followed where primary data was collected through an unstructured open ended questionnaire. The author's observation in this case is also used. The findings of this qualitative study support that it is relevant to include the sector in this particular zone. It concludes with the statement that PCTEx has the opportunity to include the sector in this area which can ensure greater impact in social and financial gain in this region. The findings also support that if this proposal is implemented and is supervised by the PCTEx authority in Badajoz, with the influence of this non-government association, it will flourish with its superior performance and in turn will contribute to the development of the region by creating employment opportunity for a number of unemployed people especially for women as well as to the country economy as a whole. The availability of low cost human resources especially high tech infrastructure and industry-friendly environment all work behind the motivation of the sector inclusion in this region.

Leadership Attributes and Organizational Goal Achievement--An Ethical Perspec...

Samsul Alam

Though the concept of ethical leadership is not so old, it has huge interest for practitioners and business leaders. Organizations need to know how to select, develop and retain ethical leader. By reviewing different literatures as well as observing employees at different levels within different organizations, it is realized that leadership attributes have a greater impact on organizational goal achievement The purpose of this study is to analyze the association between leadership traits and organizational goal achievement by using secondary data. The study finds that the appropriate leaders' attributes can contribute to the pay-off for the organization in the form of organizational development, employee morale and organizational transparency In this study subjective judgments are made by using qualitative data which are expected to assist business people in focusing on the ethical leadership in greater scale globally.

Impact of 4G Mobile Service Quality on Customer Satisfaction in Dhaka City: A...

Samsul Alam

The aim of this study is to investigate how the different dimensions of 4G service quality affect customer satisfaction level of 4G mobile service users in Dhaka city. This descriptive study is based on empirical research approach that is done through collecting primary data from 365 respondents. The well known SERVQUAL model is used for examining impacts of tangibility, reliability, responsiveness, assurance and empathy on customer satisfaction. SmartPLS 3.0 and SPSS were used for data analysis. Based on previous studies, a model was developed and five hypotheses were proposed. SmartPLS booststrap was run to test the model validity and the hypotheses. Moreover, to find out the deviations between the expected and realized opinions towards all the dimensions of service quality gap analysis was done. The results shown that reliability, responsiveness and empathy positively influence customers’ satisfaction; where tangibility and assurance do not. The explanatory power of the model is 36.7% based on realized views about all the dimensions of service quality of 4G services.

Reviewing the Global Smartphone Industry Strategic Implication in Response to...

Samsul Alam

The global smartphone brands were progressing aggressively over time. A sudden unexpected turbulent situation known as a global pandemic declared by the World Health Organization (WHO) about a century later in the history of human civilization stops this progress. It makes the industry bound to fall behind. This study aims to review and analyze the impact of the present pandemic situation due to Coronavirus Disease 2019 (COVID-19) on the global smartphone industry. It shows its competitive scenarios focusing on smartphone demand and supply. Thus, the study suggest a strategic approach to combat this situation. It is done by reviewing the latest literature published explicitly in 2020. The findings of this study reveal a significant negative impact of COVID-19 on global smartphone brands, primarily especially in the big markets of this industry, namely China, India, USA, Europe. Conversely, it can also positively impact the industry, especially in some developing countries. The positivity is seen due to the expanded demand for smartphones in some sectors like education, business, and entertainment media shifted online, triggering the user’s need to purchase a new smart device. Lastly, based on the understanding of the current scenario, some strategic approaches are discussed, and appropriate solutions are given for the industry to cope up with the pandemic crisis and, at the same time, how to attain success. The strategic directions given at the end can be applied to the industry’s sustainability and growth.

Investment on IT: Students Perspective

Samsul Alam

The focus of this study is to seek the relevance of investing in Information Technology (IT) by the students. The research takes into account 50 students studying at different disciplines at Dhaka University. The respondents were visited randomly to get the relevant data. The result of the study suggests that students’ academic quality and knowledge enhancement have a relationship with investment in IT though the relationship is not significant. The result of hypothesis testing shows that students those have invested in personal computer and internet secure comparatively higher cumulative grade point average (CGPA) rather than those who haven’t invested on these IT tools. But the likelihood of investing higher amount in IT will pay-off better CGPA is not found thus there is no association of good result and investing heavily on IT. However, the findings of this exploratory study offer insights that the money invested in IT for academic purpose is more advantageous than otherwise be invested especially for those students whose academic curriculum mainly decorated in accordance with the modern up-to-date era of Information Technology. Eventually, this study will help concerned students, guardians and academicians understanding how important IT is for student’s academic performance.

Financial Analysis of Retail Business Organization: A Case of Wal-Mart Stores...

Samsul Alam

The main objective of this study is to present the Walmart’s financial performance, making the important valuation of the company. The study used quantitative method using secondary sources. The finding of this descriptive study is that Walmart is the lucrative choice for the past, present and future investors with the estimation of terminal value at the end of the fiscal year 2026 estimated US $580 billion and the fundamental value of US $736 billion. The result shows that due to the emergence of stronger competitors and for being matured, Walmart is not performing as expected by investors, but its gigantic market size will make it capable of doing business profitably over a longer period of time. The ultimate decision given for the investors is to buy. The assumption is made on in-depth financial analysis with reliable data and calculation. The study has noteworthy importance to the financial market stakeholders.

Spain-Bangladesh international trade for small and medium enterprises: Explor...

Samsul Alam

There exists no adverse relation between Spain and Bangladesh instead it is seen rare international as well as bilateral relation of these two countries and we found scopes for engaging international trade for both of the countries. Spain is a country capable of producing for example, a lot of electronic products. In Bangladesh, there are growing demand for some of the top listed goods like vehicles, machineries and more. The surplus of these goods if any, exported to that country, a huge foreign currency may be achieved and thus the country may be financially benefited to cope with the existing market recession. On the other hand, there are some top listed exporting goods of Bangladesh including clothing, labor, leather, and more. Spain might get economic advantage to some extent from international trade with Bangladesh. Thus, from both side export-import trade relationship of these Small and Medium Enterprises (SMEs), both countries can be economically benefited and thus Spain can get solution for reducing existing recession to some extent and Bangladesh can find a feasible solution to achieve the vision 2021 of digital Bangladesh and 2041 of being a developed country in the world. Again, there will be a bilateral relationship between these two countries. This study attempts to justify the relevance and feasibility for Spain of the goods to be exported to and imported from Bangladesh. The findings of this qualitative study show that there are possible scopes and fields to make a big deal between Spain and Bangladesh and thus the international trade for SMEs would positively contribute to the economic development of the both parties.

Impact of Blue Ocean Strategy on Organizational Performance: A literature rev...

Samsul Alam

This study is based on the pros and cons of the Blue Ocean Strategy (BOS) that offers users a framework for creating uncontested market space and diverts the views from the current competition to the creation of innovative value and demand. The main objective of the study is to show the overall scenario of BOS and its impact on organizational performance. The study includes the history of BOS, comparison with Red Ocean Strategy (ROS), relevance of applying BOS, Applications, Critics, Findings, Recommendations and Conclusion. The Findings of the study tries to show the ultimate results of applying the BOS and the recommendations urge some precautions to apply BOS. The result found that BOS positively affects the organization performance if applied in organizations. Overall, the study is effective to decide the adoption of BOS within the organization. The recommendation for the organization is to do an in-depth analysis on BOS before implementation to see the suitability considering the company size, industry condition, and adaptability.

Country Risk and Its Effect on International Finance Management

Samsul Alam

The purpose of this study was to show the effect of current country risk on international finance. The findings of this exploratory study shows that country risk considerably affect the operations of international finance but this correlation cannot be stated with sufficient level of confidence. Data and analysis of the study give us a notion that there are effects of country risk on international finance and that effect is negatively correlated that means when the country risk tends to be higher as in turn making the country rating lower, the international finance is negatively affected. In contrary, when the country risk is lower giving a higher country rating, international finance is positively affected. The result shown gives us perception that due to political instability, high interest rate, high inflation rate, and frequently volatile currency exchange rate cause disturbance in the normal operations of the international trade that reduce the country risk rating score and in turn the global international finance gets hampered.

Development of Social Business B2B Model for e-Business Organization

Samsul Alam

In this modern age of Information and Communication Technology (ICT), many local and international firms are entering into the e-marketplace, launching new business models and constantly generating new ideas for serving the society. While there are a number of top rated companies running through e-Business platforms worldwide that thrive only for profit; they also can run non-profit, charity-based businesses (social business) which can utilize e-Business platforms to save administrative costs which can then be used to directly help the underprivileged sections of the population. This study develops a Social Business B2B model for the B2B market to help in developing effective strategies in a social business environment. Given the fact that Alibaba provides a very successful B2B e-Business model based in a developing country (China) and that there is an ongoing interest of the proprietor of Alibaba in social business, we examine the suitability of Alibaba as a model for social business B2B framework.

Internship report on HRIS: A case of Grameenphone Ltd.

Samsul Alam

Being the leading telecommunication company Grameenphone Ltd. enters in the business field that has already become the top telecommunication company of the country. To achieve this goal P&O Division should play a leading role. We know that proper management of people of an organization using IS is essential for achievement of efficiency and effectiveness of operation. If people are properly managed & organized then it will result in the overall performance in a positive way to achieve short term & long term goal. On the other hand, if these are not properly managed & organized then it will result in poor performance. This report covers a thorough analysis about the HRIS in P&O Division of Grameenphone Ltd. This report covers the information necessary to understand the system development process for HRIS. The system development process involves multiple stages from initial design to implementation and evaluation. Failure to follow these steps or rushing through them will result in a poorly designed system that will ultimately fail when it is implemented. Thus, this report begins to identify some of the information that is critical for the eventual implementation of an HRIS. It is started with a focus on the users of the system to help the system development process in its beginning steps. The types of information about users/ customers of the HRIS, the sorting of HRIS data into categories of human capital, and the main concepts of hardware and database security are covered. The first chapter covers the rationale, objective, research methodology, limitation and organization of the report. The second chapter includes the literature review, the third chapter includes the overall profile of Grameenphone Ltd., the fourth chapter elucidates HRIS: A Case of GrameenPhone Ltd. including all activities done through HRIS and HRMIS, the fifth chapter describes analysis of the data and the remaining chapter describes findings, conclusions, recommendations, references, and appendix.

More from Samsul Alam (17)