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|Publication type:||Article in scientific journal|
|Type of review:||Peer review (publication)|
|Title:||IT-Budgeting processes in Swiss banks and how they are influenced by rapidly changing regulatory requirements|
|Published in:||Journal of EU Research in Business|
|Publisher / Ed. Institution:||Ibima Publishing|
|Subjects:||IT-Budgeting; Swiss bank|
|Subject (DDC):||004: Computer science |
658.1: Organization and finance
|Abstract:||The budgeting processes for IT projects in Swiss banks is a subject which has remained almost unexplored to date. For the purpose of this paper, a thorough literature review was conducted to gather information on different budgeting methods and identify the current challenges that banks are facing. To find out how the various budgeting processes of banks support their ability to react to fast-changing market conditions, how they differ from each other, and to identify the main problems of individual budgeting processes, interviews with five banks were conducted. While, on the whole, Swiss banks were found to be well-prepared for fast changes in the markets, a strong link to their IT project budget processes could not be confirmed. In addition, Swiss banks use traditional budgeting methods in combination with improved budgeting methods. A number of problem areas were identified for current budgeting processes; these include planning accuracy as well as implementation and business IT alignment.|
|Fulltext version:||Published version|
|License (according to publishing contract):||CC BY 4.0: Attribution 4.0 International|
|Departement:||School of Management and Law|
|Organisational Unit:||Institute of Business Information Technology (IWI)|
|Appears in collections:||Publikationen School of Management and Law|
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|IT-Budgeting processes in swiss banks.pdf||6.04 MB||Adobe PDF|
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Hitz, C., Krey, M., Albath, M., Wyss, R., & Thoma, P. (2018). IT-Budgeting processes in Swiss banks and how they are influenced by rapidly changing regulatory requirements. Journal of EU Research in Business, 2018(785563). https://doi.org/10.21256/zhaw-3396
Hitz, C. et al. (2018) ‘IT-Budgeting processes in Swiss banks and how they are influenced by rapidly changing regulatory requirements’, Journal of EU Research in Business, 2018(785563). Available at: https://doi.org/10.21256/zhaw-3396.
C. Hitz, M. Krey, M. Albath, R. Wyss, and P. Thoma, “IT-Budgeting processes in Swiss banks and how they are influenced by rapidly changing regulatory requirements,” Journal of EU Research in Business, vol. 2018, no. 785563, 2018, doi: 10.21256/zhaw-3396.
Hitz, Christian, et al. “IT-Budgeting Processes in Swiss Banks and How They Are Influenced by Rapidly Changing Regulatory Requirements.” Journal of EU Research in Business, vol. 2018, no. 785563, 2018, https://doi.org/10.21256/zhaw-3396.
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