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

Fredrick Dande; Philip Lee

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 proceeding › Conference contribution › peer-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 language	English
Title of host publication	Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019
Subtitle of host publication	Education Excellence and Innovation Management through Vision 2020
Editors	Khalid S. Soliman
Pages	4269-4276
Number of pages	8
ISBN (Electronic)	9780999855126
State	Published - 2019
Event	33rd International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020, IBIMA 2019 - Granada, Spain Duration: Apr 10 2019 → Apr 11 2019

Publication series

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

Conference

Conference	33rd International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020, IBIMA 2019
Country/Territory	Spain
City	Granada
Period	4/10/19 → 4/11/19

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

Cite this

Dande, F., & Lee, P. (2019). A risk assessment framework for cloud software as a service adoption evaluation within the financial services industry. In K. S. Soliman (Ed.), Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020 (pp. 4269-4276). (Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020).

Dande, Fredrick ; Lee, Philip. / A risk assessment framework for cloud software as a service adoption evaluation within the financial services industry. Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020. editor / Khalid S. Soliman. 2019. pp. 4269-4276 (Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020).

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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.",

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author = "Fredrick Dande and Philip Lee",

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Dande, F & Lee, P 2019, A risk assessment framework for cloud software as a service adoption evaluation within the financial services industry. in KS Soliman (ed.), Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020. Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020, pp. 4269-4276, 33rd International Business Information Management Association Conference: Education Excellence and Innovation Management through Vision 2020, IBIMA 2019, Granada, Spain, 4/10/19.

A risk assessment framework for cloud software as a service adoption evaluation within the financial services industry. / Dande, Fredrick; Lee, Philip.
Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020. ed. / Khalid S. Soliman. 2019. p. 4269-4276 (Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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Dande F, Lee P. A risk assessment framework for cloud software as a service adoption evaluation within the financial services industry. In Soliman KS, editor, Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020. 2019. p. 4269-4276. (Proceedings of the 33rd International Business Information Management Association Conference, IBIMA 2019: Education Excellence and Innovation Management through Vision 2020).

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

Abstract

Publication series

Conference

Bibliographical note

Keywords

ASJC Scopus subject areas

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Cite this