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Author:McLellan, K.
Beamish, P.
Title:The New Frontier for Information Technology Outsourcing: International Banking
Journal:European Management Journal
1994 : ,VOL.12;p.210-215
Index terms:INFORMATION TECHNOLOGY
MULTINATIONAL BANKING
FOREIGN INVESTMENT
Language:eng
Abstract:Two international banking challenges will provide the future growth and rationale for information technology (IT) outsourcing in the financial sector. The first challenge is the multi-faceted risk associated with cross-border financial flows. Institutions are attempting to manage long-term risk through the use of financial derivative products. The second challenge involves the difficulty of developing truly global full-service financial firms. National regulations remain the major obstacle to foreign direct investment. However, de-regulation, particularly within Europe and North America has highlighted the difficulty of developing critical mass within fragmented national financial sectors.
SCIMA record nr: 125967
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