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Essay's paper info
Topic: Business
Number of pages / Number of words: 3 / 566
Essay's paper body

Without such expertise, the cost-benefit analysis will most likely underestimate the time and resources needed to properly oversee e-banking activities, particularly the level of technical expertise needed to provide competent oversight of in-house or outsourced activities. In addition to the obvious costs for personnel, hardware, software, and communications, the analysis should also consider:

Changes to the institution’s policies, procedures, and practices;

The impact on processing controls for legacy systems;

The appropriate networking architecture, security expertise, and software tools to maintain system availability and to protect and respond to unauthorized access attempts;

The skilled staff necessary to support and market e-banking services during expanded hours and over a wider geographic area, including possible expanded market and cross-border activity;

The additional expertise and MIS needed to oversee e-banking vendors or technology service providers;

The higher level of legal, compliance, and audit expertise needed to support technology-dependent services;

Expanded MIS to monitor e-banking security, usage, and profitability and to measure the success of the institution’s e-banking strategy;

Cost of insurance coverage for e-banking activities;

Potential revenues under different pricing scenarios;

Potential losses due to fraud; and

Opportunity costs associated with allocating capital to e-banking efforts...


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Without such expertise, the cost-benefit analysis will most likely underestimate the time and resources needed to properly oversee e-banking activities, particularly the level of technical expertise needed to provide competent oversight of in-house or outsourced activities. In addition to the obvious costs for personnel, hardware, software, and communications, the analysis should also consider:

Changes to the institution’s policies, procedures, and practices;

The impact on processing controls for legacy systems;

The appropriate networking architecture, security expertise, and software tools to maintain system availability and to protect and respond to unauthorized access attempts;

The skilled staff necessary to support and market e-banking services during expanded hours and over a wider geographic area, including possible expanded market and cross-border activity;

The additional expertise and MIS needed to oversee e-banking vendors or technology service providers;

The higher level of legal, compliance, and audit expertise needed to support technology-dependent services;

Expanded MIS to monitor e-banking security, usage, and profitability and to measure the success of the institution’s e-banking strategy;

Cost of insurance coverage for e-banking activities;

Potential revenues under different pricing scenarios;

Potential losses due to fraud; and

Opportunity costs associated with allocating capital to e-banking efforts...


Essay fragment

General points of the essay

is this needed? cost benefit analysis Assigning Cost Activities Analysis of Marketing Activities and Strategies of Play TV Determine The Primary Activities And Secondary Activities Of Your Organisation. Make A Conscious Decision On Whether Your Organization Should Compete By The Least Cost Strategy Or The Product Differentiation Strategy. Determine The Cost Drivers Of... Project Manager's Need for Expertise Risk In E-Banking The effect of Work Design on other organisational functions and activities including Production, Finance, Human Resources, and Marketing etc. MLB Salary Cap Is Needed Web Developer's Still Needed All I Ever Needed To Know About Love Core Elements of Health Education and Risk Reduction Activities Healthcare Is Needed Is Structure Needed? E-Commerce: Who Bears The Risk Of Fraud In A Banking Transaction

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