Sample Essay on:
Financial Information and Data Exchange

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Essay / Research Paper Abstract

This 6 page paper provides an overview of how technologies have changed in recent years and how this has impacted the transfer of information and the data exchange process. Bibliography lists 6 sources.

Page Count:

6 pages (~225 words per page)

File: MH11_MHfinanit.doc

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Unformatted sample text from the term paper:

based business operations have become standard practice, but not without challenges. The increasing significant of IT integration, IT security and methods for collecting, storing and retrieving financial data has become a necessary component of the operation of banking and financial industry organizations. Increasingly, companies are recognizing that IT integration brings with it a variety of risks, many of which relate to the use of technology as the basis for real-time communications. Computers are now at the center of access to information, including a variety of business data and documents, as well as personal customer financial information. The implications of this shift in information dispersal and retrieval has led to questions about the capacity of many organizations to maintain the security of their IT operations and to ensure the safety of information conveyed. Industry Changes The progression of e-commerce and changing media and communication strategies have redefined the business environment, creating structural and ethical issues (Sherif 11). Existing research in this area provides some views of the nature of IT security, the application of factors like technological determinism, and the changing relationship between security and the capacity of organizations to ensure the safety of information. Though the precise future evolution of the Internet is difficult to predict, there are many factors that have led to its integration into every aspect of business development, including the experience of the users and developers and the commercialization of technology (Smith 12). Both of these impacts how companies have developed ecommerce capabilities that inherently rely on the exchange of financial data (Smith 13). The history and transformation of information technology as the ...

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