Reference no: EM132584249
Assignment - Investigative Report - Banking and Analytics
A) Describe the applications of Fintech and data analytics to the banking sector
B) Evaluate the impact Fintech and data analytics will have on how banks in Australia will operate over the next 5 years
C) Recommend three specific actions Commonwealth Bank can take over the next 12 months to ensure they remain competitive
Suggested Structure: Executive Summary Students need to outline the issues covered in the report and summarise the recommendations. Someone reading this summary should have a general idea of what the report will address.
Introduction
Describe what Fintech is
Describe the applications of Fintech in the banking sector with reference to contemporary sources
Discussion
Summarise the main conclusions from the introduction and speculate how banking will change over the next five years as a result.
Justify your evaluation with reference to contemporary sources and use relevant headings to highlight the main effects.
Conclusion
Drawing on the introduction and discussion recommend three specific actions for the CBA over the next year to ensure they remain competitive
Justify your recommendations with evidence and refer to current sources
Summary of main discussion points. Summarise all sections of the report.
References & Appendices Reference appropriately in text and in the appendix.