Reference no: EM132991205

FINM4100 Data Analytics in Accounting - Kaplan Business School

Banking and Analytics

Assessment Description

- You are an analytics consultant who has been asked to develop a report to the board of directors of Commonwealth Bank of Australia. The report needs to:

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

Assessment Structure

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

Attachment:- Banking and Analytics.rar