Impact of Technology on Profitability in HSBC Bank

This report discusses the impacts of technology on making HSBC Bank more profitable. It explores the use of information technology in the banking industry and its effects on customer satisfaction and business development.

Individual report

INTRODUCTION
In the today's world, business are considered to be more level of dynamic with having
rapid level of changes due to more level of technological innovation, increased level of
awareness among the consumers along with change in preferences. The more development of
banking industry have the operation in more complex ad competitive environment. There
changing conditioned are considered to be highly unpredictable economic climate. The
development of effective information and technology are considered to be the center of globes
changing curves which palsy a critical role ind developing the banking sector. HSBC is global
level of developing team which have performed the transformations of the world level of
banking experience. This banking is Britisher multinational investments bank which is holding
more level of financial services. In this report, there will clear discussion on the impacts of
technology in making company more level of profitable.
Literature Review
As per the view of Gilje, Loutskina and Strahan,, (2016.), the development of the
information technology have helped the banking industry to have the potential in order to deal
with various level of challenges which is posed by economy in order top meet up the expectation
of customer. Major level of industries along with financial institution have the major gathering
of the of proper processing, analyzing and level of providing appropriate informations in order to
have the meet up the customer needs. In addition to the author supported that statement as the
development of information technology will make the banks to be the parts of early adopters of
the automated information processing technology. On the other hand Dang, and et.al., (2017)
contradict that becoming a digitalis bank is considered to no longer an Opposition in more value
to ad have denudation in success of campsites. The process has the wide development which so
considered to have beyond the mobiles apps which is impatience there back office operations
along with operating level of cost, revenues ans business level operation. In addition to that
digital banking have the resolution to keep the journey more easy in order to have overcoming
different level of challenges in business development.
On the other hand the .Pilkington (2016.) states that the banking business are majorly
focusing of the electronics banking products in order to have maintenance in there day to day
administration of the banking business. This helps in paying major focus of the Providence level

of detail analysis of different trends which are prevalence in market in order to meet the
customer expectation. This will be helpful in gaining more level of competitive advantages.
As per the view of Yuan., Liu, Yao, and Liu, (2016.), the rise in the ethical and social
issues have the above well maintained perspectives of information technology in becoming as
per the customer side as well as employees in the banking. In addition to that major issues which
is being faced by the banking customer is with regard to the telecommunications. The author
suggested that the re is need for high level of confidentiality in order to have the security o n
term of account details as well as their respective transaction. On the other hand Asongu and
Boateng, (2018.), contributed that the there is more increase in financial crisis which have
inclusion in more manipulates the credit level of ratings, the miss selling the different securities
and unauthorized level of trading. This have inclusion of the short selling the banks shares.
This is regarded as the long standing the ethical concerns which is regards to different
practices to have proper level of market manipulation insider dealing. The author also added that
there is the more involvement of fraudulent practices which is more been identified as the Libor
scandal which have taken place in yer 2012. In addition to that there are more level of practice
which have such as the poor practices, fraudulent activity along with climates change concern
which should be properly keep in mind while have the appropriates level of developmental of
bank which keeping the appropriate concern.
On the other hand, the Tam and Oliveira, (2016) have the addition to different level of
technologies which is used in the banking sector. In addition to that the banking is experiencing
major level of thrift due to technological metamorphosis. There is development of new
technologies which can be such as he introductions of the advance level of computer system,
wide and locals are networks and more of inclusion of internet which are becoming significant
level of strategic area for development as the major contribution for financial insinuation.
on the other hand Susanto, Chang and Ha (2016.) contradict that the banks have proper
characterization of the such network on basis assets size, number of employees, number of full
service locations, areas of lending, and return on assets are evaluated in relation to the status,
scope, and experience with computer network systems. In addition to that there is the
development of system as where the any transaction will take place will have automatically the
storage in central bases. Moreover, a authorized person have the obligation and authority to have
the process access to data in order to get informations systems form the any branches through the

developmental of wide area network. On the other hand the Alalwan,and et.al.,(2016.) contradict
that banking solution's is the networking of branches which have the enabling for customer to
operate their along with availing different level of banking services in regardless from where the
account has been maintained.
According to the views of the Guo and Liang,(2016), the banks have the development of
the virtual privates networks which is in technology in gaining more level of popularity among
large organization which is global internet at both the infra and inter organization effective
communication. On the other hand Guo and Liang,(2016)contradict that there are major
requirements of the privacy in theory intro organizations' communication. This network that is
privates but virtual which have clearly indemnification the guarantees' privacy inside
disorganization. The bank has the legal level of development in the ground breaking along with
influential outlying of the important key development which have more level of involvements of
the disruptive technologies along with emerging and acquiring trends market share. On the other
hand, the Alalwan,and et.al.,(2016.) argued that the role and development of custodian have the
simple the involvement n line with the descriptive market trends which is accepted across the
country.
According to the view of the Susanto, Chang and Ha (2016.) , the greatest development in
about internet which have allowances of communication in between the which have connections
to eh half world population. There is major advantage of cost saving in the company have major
level of investment in order to have developmental of secure network which is protected by the
firewall. On the other hand, extranet is considered to be in from of the intranets which have the
allowing the controlled the access the which allowing the major level of controlling to have the
access of partners to have the authorized the level of customer to the developmental of
networking the over the internet.
There is proper level of facilitation of the closer working level of relationship which is
considered to be in proper protected that the partners with having appropriate communication
tool. There is more level of authorized partners along with customer which can log the into
Ethernet with valid credential.
In addition to that the there is implementation of the large client with the system which
have the proper level of using the TCP/IO which have the set level of protocol which have the
providence to have ended to end creativity which makes the data more level of alphabetized,

addressed along with being transmitted and received at the destination. In addition to that there is
move pave to have the technological advancement which is field of networking which are two
derivatives which have the use of internet proportionals as the base of proper functioning.
The development of system development life cycles phases which following of seven
phases which are as follows-
System Planning it is the crucial step to have defining of appropriate problem with
developmental of effective objectiveness in order to have the proper level of identifying the
propelling level of alternatives with meeting every client along suppliers' ans employees. After
having these threes is development of three choices in order to have developmental of systems
along with significant improvement.
System Analysis- this more required to have the strong level of determinations along with
significant documentations in order to meet the experimentation for having respective
performances. The study should be considered more feasible in more involving the whether it is
organizationally, economically, socially, technologically feasible. It is more important to
developed as strong level of relationship for communication to ensure clear vision and mission
related to function.
System Design
This phases are achieved after having good understanding regards the customer
requirements as the element of system are such as the compilation, the security level along with
module and armatures. So it will help in developmental the system in more appropriate way.
This is more explained to meet all level of functionalist and technological requirement which is
achievable in more logical and physical way.
Implementation And Deployment
This stage is being achieved after the understanding of the system requirement along with
specification which can have the actual level of construction after the complete level of
illustriousness in respect to design of system. The actual code is considered to be written her
which have containing of confrontation along with fine tuning of hardware to meet certain
requirements and function.
Systems Testing And Integration
There is requirement of bringing the various competent along with developing systems in
order to have the creations of whole integrated systems which have introduction of systems

along with behaviorism. There is more level of considerations as testing have become the more
and more important for ensuring the customer satisfaction which is the knowledge in coding,
hardware high configuration or design.
The testing can be more level of performed by real users by specialized personnel which is
more systematic along with automated to ensure than the actual outcomes which are compared to
be equal around being predicted and desired outcomes.
System Maintenance
This is the periodic system which is will be varicolored out in order to not become more
absolute. This have inclusion have the replacing the of ware and evaluating the system
performances Tam and Oliveira, (2016). There is more inclusion providing the latest updates for
the certain component to have sure providing level the latest updates for the certain complements
to have meets the right standard along with developmental of appropriate technologies in order to
face the current safety issues.
There is six main phases the developmental of system life cycle as it is more iterative
process which have mentions the excellent level of communication which should be maintained
with the customer. This is prototypes which are important helpful which is it comes to have the
fulfillment of the meeting the requirement. The models have the came from the idea f the saving
the different efforts, money along with times. In this denudation to have the proper, minimization
the risk which is not meeting the customer requirements at the developmental of yeahs prophetic.
Analysis And Discussion
As the above literature review, it has been clearly analysis that HSBC banks have the
proper adaptation of technology in their respective services and operations in order to make the
business and banking services simpler by having better and the faster reach to customers and
colleagues. There is the achievement of the business which have clearly had the development of
broad ranges of opportunities. The company has the major aim of masterminding the experience
of banking customers. As the key element of success the banks is been identified as the world
leading Internationale bank which have enabling of the simpler, better and the faster level of
banking services. The company is also developing the various opportunistic to business
platforms and partnership which will have clear effects of the million people on each day.
With the discussion in development of the ethical issues, the HSBC have developed the
sustainable lending policies in order to have the addressing of effective environments and social

issues which will be helpful in govern the handling the certain business opportunities by
indemnify the proper areas of improvement. There is also the development of international
standards which are more considered to have development of credit and risk management
departments. In order to age the assurance, the credit executives have been the duty to use the
Environmental First-level Checklist to thoroughly assess the environmental risks of lending
proposals, particularly those relating to industries exposed to the “Two Highs” (high energy
consumption and high pollution). The company has the proper level of commitment to have the
rapeseed increase in Internationale standard along with adopting the international principles
which will be helpful in assessing different level of risk. This will be helpful in enhancing the
positive level of impacts over handling to different commercials activities in the environment,
social and the economics development. HSBC have the development of the using Packet Tracer
5.3 for network simulation, Wamp Server, PHP Mysql, for Banking Web application Security.
After implementation of all functions, the system is tested in different stages and it was
successful for its purpose. The HSBC have the developing of the consisting of various activities
to have the share system in order to have ready to transaction of in order to boost the signal
along with oceangoing the data. This is more in ways to have the network administrator in order
to have the deciding the confrontation in plans in order to have deployment if the large number
subset. There on addition to that there is the development of system as where the any transaction
will take place will have automatically the storage in central bases. There is the achievement of
the business which have clearly had the development of broad ranges of opportunities.
In the more of above literature view which have the developmental of the HSBC to have
intranet feasibility which have proper examination of the need in compass as the potential level
of vendor solution which are most suitable with finding on four technology option in more
crassness to the different level of option they offer.
CONCLUSION
From above file it can be concluded that banking industry have the operation in more
complex ad competitive environment. There changing conditioned are considered to be highly
unpredictable economic climate. There is more increase in financial crisis which have inclusion
in more manipulates the credit level of ratings, the miss selling the different securities and
unauthorized level of trading. The bank has the legal level of development in the ground

breaking along with influential outlying of the important key development which have more
level of involvements of the disruptive technologies along with emerging and acquiring trends
market share. So it will help in developmental the system in more appropriate way. This is more
explained to meet all level of functionalist and technological requirement which is achievable in
more logical and physical way.

REFERENCES
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