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MIS Case Study
The business of financial
 services



Leading global financial firm
Main Sectors:
  Asset Management
     Commercial Banking
        Investment Bank
           Private Banking
               Securities Services
                  Treasury Services
   2 figures :
   66b$ turnover
   160 000 employees
                                      Sources: MintGlobal & wikipedia
The business of financial
                   services
Value Chain
                         Customers       Customers


The demands on
      the firm's
 technology are
        intense
The business of financial
services
                 Big Competitors



                                           $22b
$71b




$24 b
                                           $16 b




                     Sources: MintGlobal
The business of financial
              services
              High potential employees (traders); risk management; sales
Competitive   services etc....
   forces




              Focus on:




                                    Need of real time information
The business of financial
                   services
Strategic Groups
Show Operational difficulties to IS
deployment or project
  Before                          After

  - It was difficult to back up data
                              With OneBench, applications are extended, reused and
                                  =>it’s a gain of time and future work will benefit from th




  - Difficult to reuse applications to solve similar problems
                                  An application can be updated globally over a weekend
                                  Using an opensource program is a gain of money




  - Building financial applications involved a combinasion of Exc




                                                    Strategic Groups
Show Operational difficulties to IS
 deployment or project
•Goals of the project:

 - to develop an alternative to spreadsheets as a platform for
 modeling applications
 - to be able to recover if an update goes wrong.
 - scalability
 - reusability
 - To gain time, money, efficency, stability
 - Accelerate the Java developments on the client post with the
 aim of standardizing them and making easier the deployment.
 - Rapid deployment and decentralized development are
 essential to meet many diverse business needs in a fast-
 changing market.



                                              Strategic Groups
Succes of IS initiatives

• Gains & Critics

 - plug-in nature of the platform.
 - A lot of emplooyess are already familiar with Eclipse
  => more efficient, and productive
 - Gain of money
 - Onebench enables project teams
 - development times are reduced from weeks to hours
 - Graphical performance
 - Single Sign on system – Security
 - Interoperability
 - RCP is Open source : gain of money
Potential problems

• Potential evolution in the business

 Financial Crisis (subprime)
 Lost of customers
 Securitization
 => Less money devoted to R&D and technology Department.
 Social engeneering



 Competitiveness improvement (thanks to Eclipse )
Potential problems
 •scaleability of the IS initiative



•Specific features such as integration with
the investment bank's authentification
platform => single sign-on system
•Eclipse sets grounds for a friendly
environment for developing applications
•exemples : EIS, Snapper, Qtrade
Conclusions

• Thanks to Eclipse RCP JPMorgan has got a
  plug-in friendy environment which allows
  lower costs and promote efficiency.
• With One Bench in place, they expect their
  developers to develop the banking world's
  next killer-applications

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Jp Morgan Case Study Final

  • 2. The business of financial services Leading global financial firm Main Sectors: Asset Management Commercial Banking Investment Bank Private Banking Securities Services Treasury Services 2 figures : 66b$ turnover 160 000 employees Sources: MintGlobal & wikipedia
  • 3. The business of financial services Value Chain Customers Customers The demands on the firm's technology are intense
  • 4. The business of financial services Big Competitors $22b $71b $24 b $16 b Sources: MintGlobal
  • 5. The business of financial services High potential employees (traders); risk management; sales Competitive services etc.... forces Focus on: Need of real time information
  • 6.
  • 7. The business of financial services Strategic Groups
  • 8. Show Operational difficulties to IS deployment or project Before After - It was difficult to back up data With OneBench, applications are extended, reused and =>it’s a gain of time and future work will benefit from th - Difficult to reuse applications to solve similar problems An application can be updated globally over a weekend Using an opensource program is a gain of money - Building financial applications involved a combinasion of Exc Strategic Groups
  • 9. Show Operational difficulties to IS deployment or project •Goals of the project: - to develop an alternative to spreadsheets as a platform for modeling applications - to be able to recover if an update goes wrong. - scalability - reusability - To gain time, money, efficency, stability - Accelerate the Java developments on the client post with the aim of standardizing them and making easier the deployment. - Rapid deployment and decentralized development are essential to meet many diverse business needs in a fast- changing market. Strategic Groups
  • 10. Succes of IS initiatives • Gains & Critics - plug-in nature of the platform. - A lot of emplooyess are already familiar with Eclipse => more efficient, and productive - Gain of money - Onebench enables project teams - development times are reduced from weeks to hours - Graphical performance - Single Sign on system – Security - Interoperability - RCP is Open source : gain of money
  • 11. Potential problems • Potential evolution in the business Financial Crisis (subprime) Lost of customers Securitization => Less money devoted to R&D and technology Department. Social engeneering Competitiveness improvement (thanks to Eclipse )
  • 12. Potential problems •scaleability of the IS initiative •Specific features such as integration with the investment bank's authentification platform => single sign-on system •Eclipse sets grounds for a friendly environment for developing applications •exemples : EIS, Snapper, Qtrade
  • 13. Conclusions • Thanks to Eclipse RCP JPMorgan has got a plug-in friendy environment which allows lower costs and promote efficiency. • With One Bench in place, they expect their developers to develop the banking world's next killer-applications