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The Impact of Information Technology on the Financial Services Sector

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Current Issues in Financial Services

Abstract

The financial services sector has been at the forefront of the application of information technology in business. This is hardly surprising since, in most developed economies including the UK, the financial services industry has been one of the most dynamic and rapidly growing sectors of the economy. Such a rate of growth and change has created a fertile environment for the innovation of information technology.

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Further reading

  • Chorafas, D.N. and Steinmann, H. Expert Systems in Banking: a Guide for Senior Managers (Macmillan, 1991).

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  • Egner, F.E. The Electronic Future of Banking (McGraw-Hill, 1991).

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  • Essinger, J. Banking Technology as a Competitive Weapon (Financial Times Business Information, 1991).

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  • Feigenbaum, E., McCorduck, P., and Nii, H.P. The Rise of the Expert Company (Macmillan, 1988).

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  • McFadden, F.R., and Hoffer, J.A., Database Management (The Benjamin/Cummings Publishing Company, 1991).

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  • Violano, M. and Van Collie, S. Retail Banking Technology, Strategies and Resources that Seize Competitive Advantage (Wiley, 1992).

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  • Welch, Ed. B. Electronic Banking and Security: A Guide for Corporate and Financial Managers (Blackwell, 1994).

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© 1995 Brian Anderton, John Davis, Guhlum Hussain and Alan Staley

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Anderton, B., Davis, J., Hussain, G., Staley, A. (1995). The Impact of Information Technology on the Financial Services Sector. In: Anderton, B. (eds) Current Issues in Financial Services. Palgrave, London. https://doi.org/10.1007/978-1-349-24462-1_5

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