A risk assessment framework for cloud software as a service adoption evaluation within the financial services industry

Fredrick Dande, Philip Lee

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Financial services Industry lags in adopting Cloud computing technology amongst all industries due to privacy, security and several regulatory concerns. The research is based on qualitative analysis techniques for cloud adoption risk assessment leading to decision making based on acceptable risk response. The evaluation on how suitable the implementation of our proposed Return on Investment (ROI) based Risk Assessment Framework would be useful in determining SaaS adoption feasibility within the financial services industry focusing on the main impediments that include privacy, security and regulatory burden. This paper will focus on proposing a new risk assessment approach that is most suitable to increase cloud computing adoption within the financial service industry by taking into account ROI.

Original languageEnglish
Title of host publicationProceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019
Subtitle of host publicationEducation Excellence and Innovation Management through Vision 2020
EditorsKhalid S. Soliman
Pages4269-4276
Number of pages8
ISBN (Electronic)9780999855126
StatePublished - 2019
Event33rd International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020, IBIMA 2019 - Granada, Spain
Duration: Apr 10 2019Apr 11 2019

Publication series

NameProceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020

Conference

Conference33rd International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020, IBIMA 2019
Country/TerritorySpain
CityGranada
Period4/10/194/11/19

Bibliographical note

Publisher Copyright:
© 2019 International Business Information Management Association (IBIMA).

Keywords

  • Cloud Service Provider (CSP)
  • KPI
  • Risk Assessment
  • Software as Service (Saas) Cloud computing

ASJC Scopus subject areas

  • Business and International Management
  • Management of Technology and Innovation

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