Identifying Software Project Risks in the Canadian Financial Services Sector

Identifying Software Project Risks in the Canadian Financial Services Sector

Author: John A. Estrella

Publisher: Agilitek Corporation

Published: 2007

Total Pages: 223

ISBN-13: 0978243501

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Abstract (Summary) Frequent occurrence of software project failures has created two general streams of research. One theme analyzed the common causes of cost overruns, late schedules, and unmet scope. With the belief that project failures are avoidable through proactive means, another group of researchers investigated software project risks. With such intent, comparative studies were conducted in Finland, Hong Kong, and the United States. Subsequent research in Nigeria determined the impact of the socioeconomic context. To further extend the coverage of prior studies, the research in the current study focused specifically on the Canadian financial services sector. Project managers were solicited for input to discover, determine, and rank risk factors in software projects using the same research design that was used in previous comparative research studies--a three-phase Delphi survey that uses nonparametric statistical techniques. In sharp contrast to prior studies, however, this research aimed not for general applications of the results at the country level but for specific collective relevance to software projects in banks, trust companies, insurance companies, mutual fund companies, and similar organizations. The composite rankings of the studies in Hong Kong, Finland, and the United States listed lack of management commitment, inability to get user commitment, and misunderstanding of the requirements as the top three risk items in software projects. Given that only the misunderstanding of requirements made it into the top three risk items in Nigeria, it would be of value to scholars and practitioners to determine how the results would differ if the study was conducted in a specific sector in the industry. Except for one risk factor (lack of dedicated, full-time project resources), this study confirmed that the previous list of risk factors captured the top risk factors in the Canadian financial services sector.


Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Author: El Bachir Boukherouaa

Publisher: International Monetary Fund

Published: 2021-10-22

Total Pages: 35

ISBN-13: 1589063953

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This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.


PREVENTING FUTURE HARM-CORRECTING MISINFORMATION: Canada-World PUBLIC SAFETY EXCEPTION DISCLOSURE: Origin of Non-novel Conformity Science Application: BLOCKCHAIN™; Privacy; Command & Control; Quality

PREVENTING FUTURE HARM-CORRECTING MISINFORMATION: Canada-World PUBLIC SAFETY EXCEPTION DISCLOSURE: Origin of Non-novel Conformity Science Application: BLOCKCHAIN™; Privacy; Command & Control; Quality

Author: Anoop Bungay

Publisher: MQCC Money Quality Conformity Control Organization incorporated as MortgageQuote Canada Corp.

Published: 2024-02-08

Total Pages: 876

ISBN-13: 1989758533

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This 2nd Edition includes February 2024 Notice-to-Minister. Governments are not always correct. Especially in matters related to the revolution brought about observing a natural phenomena and discovering the benefits of harnessing the natural phenomena by correct and proper applications of principals, concepts and core methods of non-novel (exact) conformity science, to create world-changing goods and services; used-in-commerce and identified by one or more world-famous, well-known marks and source-identifier for high-quality, effective and function goods and services including those identified by: FATHER OF BITCOIN® FATHER OF CRYPTO® FATHER OF BLOCKCHAIN® Governments misunderstood the harm of asbestos; governments misunderstood the harm of leaded gasoline; governments misunderstood the harm of smoking and, with this document, you will discover that governments are misunderstanding the origin and application of correct, proper, safe, sound, carbon footprint reducing: BITCOIN™ BLOCKCHAIN™ CRYPTDO™ brand crypto FNFT (Fungible, Non-Fungible Token) and more. Helping Governments make sense of the rightful, immutable, non-repudiable, uncontested, unopposed, incontestable origin and ownership of the non-novel (exact) conformity science applications marketed-in-commerce by the world famous well-known marks (trademark source identifiers): BLOCKCHAIN™ and BITCOIN™ and more. Visit www.mqcc.org to learn more.


Human Resource Information Systems

Human Resource Information Systems

Author: Michael J. Kavanagh

Publisher: SAGE Publications

Published: 2017-07-07

Total Pages: 872

ISBN-13: 1506351476

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Human Resource Information Systems: Basics, Applications, and Future Directions is a one-of-a-kind book that provides a thorough introduction to the field of Human Resource Information Systems (HRIS) and shows how organizations today can leverage HRIS to make better people decisions and manage talent more effectively. Unlike other texts that overwhelm students with technical information and jargon, this revised Fourth Edition offers a balanced approach in dealing with HR issues and IT/IS issues by drawing from experts in both areas. It includes the latest research and developments in the areas of information security, privacy, cloud computing, social media, and HR analytics. Numerous examples, best practices, discussion questions, and case studies, make this book the most student-friendly and current text on the market.


The Routledge Handbook of FinTech

The Routledge Handbook of FinTech

Author: K. Thomas Liaw

Publisher: Routledge

Published: 2021-06-14

Total Pages: 491

ISBN-13: 1000375706

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Provides a comprehensive and cutting-edge guide to FinTech. The chapters are written by an international selection of authors from Europe, North America, Asia, and Australia. They are the leading experts in their relevant subject and come from both academia and industry. Each chapter provides a balanced overview of the current state of the art in the field, identifies potential issues, and discusses future trends. The book is analytical and engaging, and the authors reflect on where the research agenda is likely to advance in the future.


Business Insights: China

Business Insights: China

Author: Jonathan Reuvid

Publisher: Kogan Page Publishers

Published: 2011-02-03

Total Pages: 336

ISBN-13: 0749459921

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Increasingly open to foreign investment and with a burgeoning consumer market, China represents an enormous commercial opportunity - but how can businesses succeed? Business Insights: China gives you an overview of the corporate business achievements already made in China and a comprehensive guide to the opportunities available for other businesses, wherever they are in the world. Based on the real-life experiences of, and lessons learned by, companies who have moved into the Chinese business arena, the book highlights the successes and failures of operating in such a challenging market. With practical advice and many comprehensive case studies, Business Insights: China offers invaluable assistance for anyone looking to initiate or develop their business activities in China. From the consultant editor of Managing Business Risk (also published by Kogan Page) this second edition of Business Insights: China includes a significant focus on risk management, providing a detailed examination of the unique challenges facing anyone establishing or developing a business in one of the world's most dynamic markets.


The Risk in Risk Management

The Risk in Risk Management

Author: Gregory B Vit

Publisher: Routledge

Published: 2013-06-07

Total Pages: 157

ISBN-13: 113644596X

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Banks take very large risks by consistently herding in the same perilous directions while believing they are safe and unique. This book presents a risk management framework to understand conformity and deviance within investment banks and other large organizations. It suggests that some groups understand the dynamics of this conformity to their advantage. This requires a deeper understanding of the risk in risk management. Fraudsters can game the system to their advantage legally and illegally; therefore risk managers must understand the interplay of multiple logics in order to govern and manage risk. Featuring short illustrative cases of massive risk mismanagement, this book walks the reader through four risk management perspectives (economic, institutional, evolutionary and contrarian) that explain why and how economic rationality is overridden by social forces. By understanding conformity and deviance, groups within organizations will be better equipped to manage risk and go against the tides of conformity to their advantage.