Preview

Doc, Adison Bank

Good Essays
Open Document
Open Document
614 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Doc, Adison Bank
IT STRATEGY AT ADDISON BANK
I. INTRODUCTION ADDISON BANK
Some information about Addison Bank and the bank’s Credit Control Group (CCG)
- Addison Bank is one of Canada’s largest financial institutions with 52,000 employees, CDN $331 billion in assets and CDN $15 billion in revenue. In 2004, it was the second largest bank in Canada by assets and the third largest by market capitalization.
- The role of the CCG within Addison Bank was to oversee the collection of delinquent personal and small business loans. The IT systems in place to support the CCG included databases to store information on the loans, software to keep track of contacts and repayments, analytical software to analyze portfolio information, and IT hardware to host the data. The CCG has two subgroups, a business group and a technology group.
II. PROBLEMS
• Information is required before Deloitte can decide whether or not to make a bid on the project:
- Basic information about Addison Bank and the bank’s Credit Control Group (CCG)
- Current system, potential future of this bank
- Bidding information: Know the bid form, procurement plan, make the acquaintance of competitors. Price bid package, funds, time, type of contract, duration of contract, requirements for bidders…
• There are so many problems need to make clear. They have to prepare a list of key questions to ask the working committee during the following day’s meeting:
- What have you used IT infrastructure? What did you change?
- Why do you decide looking for help from a consulting firm for some IT strategy work? The detailed requirements for this project?
- How do you make this bid? What are standards to approve the bid?
- What will we gain any benefits from this project?

III. EVALUATE PROJECT
1. Some information about Deloitte
Deloitte is one of the big four accountancy firms along with Price water house Coopers (PwC), Ernst & Young, and KPMG. This company has a global brand. Deloitte is the largest professional services

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Provide the necessary information and oversight to ensure that is nothing is missing during our client project. WISE will help the client decide on the comprehensiveness of their systems outlines considerations that may often be over look, provide cost estimates for budgeting purposes, evaluate proposal from different contractors and make sure that projects are completed according to the agreed-upon scope of work. This phase approach will be base on the deliverable of the RFP.…

    • 319 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    This paper will explore how Sealed Bidding and Competitive proposals compare against each other. In order to compare them one must understand how, when and why each topic is used. The primary source of federal procurement information and guidance is the Federal Acquisition Regulation, which consists of Parts 1-53 of Title 48 of the Code of Federal Regulations (CFR). FAR parts 14 and 15 explains in full detail Sealed Bidding and Competitive Proposals. This paper like the federal government will rely heavily on the FAR as a source document to help explain the details of this topic.…

    • 928 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Request for Proposals

    • 26335 Words
    • 106 Pages

    SECTION 1 2 3 4 5 INTRODUCTION RFP SCHEDULE OF EVENTS PROPOSAL REQUIREMENTS GENERAL REQUIREMENTS & CONTRACTING INFORMATION PROPOSAL EVALUATION & CONTRACT AWARD…

    • 26335 Words
    • 106 Pages
    Powerful Essays
  • Powerful Essays

    Their competitive advantage was derived from their successful field consultants who provided consulting and support to customers…

    • 990 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Td Bank

    • 471 Words
    • 2 Pages

    TD bank is the second largest bank in personal deposit account and market capitalization. TD Bank Group offers full range of financial products and services. TD’s primary goal is to deliver exceptional customer service and convenience.…

    • 471 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The following report details each one of these problems and others and takes a more in-depth look at the possible solutions to each one of the critical issues.…

    • 1694 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Facilitation Guide

    • 1570 Words
    • 7 Pages

    As an outcome of this meeting we should have a list of top 5 communication issues that will help the company to understand the current situation in terms of communication breakdowns among existing offices…

    • 1570 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Deloitte

    • 1997 Words
    • 8 Pages

    Deloitte aims at helping its clients to excel.In order to achieve the mission, Deloitte is going to enhance the member firms’ size, strength and resources.…

    • 1997 Words
    • 8 Pages
    Good Essays
  • Better Essays

    Just Chillin

    • 1084 Words
    • 5 Pages

    As an consultant, you are giving consultancy service to the business organisations for their economic development. As a part of your job, you have to give consultancy service for a renowned company for their further development.…

    • 1084 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Procurement vs Purchasing

    • 3100 Words
    • 13 Pages

    The need for acquiring materials or assets for an organization is fundamental to their business operations. Creating strategies and methods to procure the best materials at the most cost efficient ways and to maintain the same can be only put to practice with a dedicated procurement and purchasing functions. The terms purchasing and procurement are often interchanged, but they do differ in scope. Procurement is much wider term and it is a strategic element when compared to purchasing. Purchasing is the functional part of procuring materials for the organization.…

    • 3100 Words
    • 13 Pages
    Best Essays
  • Satisfactory Essays

    Information technology has changed the way companies conduct business domestically and internationally. The banking and finance industry has made great strides in implementing current technology in their business operations.…

    • 590 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Project Management

    • 294 Words
    • 2 Pages

    France Vacances likes to have this MIS project up and running within six months and to invest approximately £300,000 on the project. Because of the small size of its IT department, and since the department lacks skills in the design of e-commerce applications, France Vacances has decided to entrust the development of its internet services to a consultancy company, E-Con. Assume you are working at this company and appointed as the project manager for carrying out this…

    • 294 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Importance of Team Work

    • 607 Words
    • 3 Pages

    In the followings, the problems identified are categorized into three main parts, namely discussion, working after meeting and general problems.…

    • 607 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Report

    • 297 Words
    • 2 Pages

    10. Its Bidder’s responsibility to get familiarized with tribal aspects and socio political situation of the area.…

    • 297 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    To help you improve efficiency and maximize your ROI, we offer a comprehensive program of consulting services. Trained project managers, solution architects, and application developers offer professional guidance and assistance in discovering, modeling, and deploying your processes and integrating those processes with your existing infrastructure. And because we know your needs will evolve over the lifetime of the relationship,…

    • 966 Words
    • 4 Pages
    Good Essays