Information Systems Management

Name

Institutional Affiliation

Information Systems Management

Banking and finance are among the most dynamic sectors which highly utilize information systems and technology. As a result, within a short period of time, chances are, much happens regarding the information systems management in controlling the operations. Increased competition in Banking and Finance industry necessitates the need towards increased information systems collaboration. I envision that by 2027, collaboration in the Banking and Finance industry will be characterized by increased virtual reality and data sharing. In this case, banks will be operating remotely with few headquarters. Clients will get a chance to make withdraws by submitting a request and getting their withdrawn amount delivered to them in real time. Just as MacDonald operates by delivering packages to clients, Banking and Finance sector will be in the from line saving the clients’ time and improving the effectiveness

These vision will have advantages in the future such as cutting the cost of operation for the companies. Every firm operates will an aspiration of avoiding cost related with paying premise rent and other related charges, as a result,...