Strategic Information Systems Assignment Solution

Running head: STRATEGIC INFORMATION SYSTEM
Strategic Information System:
A case study of Macquarie Group Limited
Name of the Student
Name of the University

1STRATEGIC INFORMATION SYSTEM
Table of Contents
Introduction..........................................................................................................................2
Overview of Macquarie Group Limited..............................................................................2
1. Issues and challenges faced by Macquarie Group Limited.............................................4
2. Adoption of IT and critical assessment of IS strategy.....................................................5
3. Adoption of new and innovative ideas............................................................................6
4. Outsourcing vs End-User Computing in Macquarie Group Limited...............................9
5. Strategic information of Macquarie Group Limited through IT/IS...............................12
6. Critical analysis of internal control in Macquarie Group Limited................................13
Conclusion.........................................................................................................................14
References..........................................................................................................................15

2STRATEGIC INFORMATION SYSTEM
Introduction
Strategic information system helps to facilitate the business of an organization through
providing effective strategy and regulation. In other words, vital information system offers a
business strategy to remain competitive in the market. It is useful for the organizations for
storing, processing as well as accessing confidential data. It assists the groups to apply various
tools so that the business activities can be empowered. On the other hand, strategic information
system provides multiple opportunities so that operations of the business are allowed.
In the present study, Macquarie Group Limited is considered a case study. The
organization is a global financial services group that provides banking as well as financial
advisory. Also, the team includes investment as well as funds management services to several
institutional, retail as well as corporate clients (Macquarie.com 2018). However, Macquarie
Group Limited is currently suffering from various issues such as storing and accessing data in
the database. The study presents major components of the strategic information system. It
describes various elements of vital information system as well as consisting of outsourcing and
end-user computing processed in Macquarie Group Limited. Also, the study evaluates internal
control and the process of adding value by strategic information to the organization. It also
illustrates management aspects of the bank in detailed format, compares and contrast the issues
along with challenges.
Overview of Macquarie Group Limited
Macquarie Group Limited is an Australian financial organization headquartered in
Sydney. It provides several types of financial services. Macquarie employs more than 14,000

3STRATEGIC INFORMATION SYSTEM
staffs in around 70 office locations across the world. There are approximately $A450 billion
assets reported under management. The company is listed in Australia and regulated by
Australian Prudential Regulation Authority. The company gains high margin of profit as well as
lucrative rewards for executives and shareholders (Macquarie.com 2018). In 2010, Macquarie
Group Limited completed its most significant acquisition by purchasing Delaware investments,
which is a leading US-based diversified asset management organization. It results in Macquarie
as one of the top asset management group in the world. In 2017, Delaware investment has been
rebranded as Macquarie Investment Management. Laudon and Laudon (2016) stated that the
company has remarkably increased it's renewable energy activities in the decade. Macquarie
group limited acquired a stake in Baltic 2 offshore wind park from EnBW that has a total fee of
720 million euro. The organization employs 13,597staffs in 27 countries. The business activities
of the company are organized into five principle operating groups.
Asset management: Macquarie is considered as the most prominent infrastructure asset
manager across the world and included in the list of 50 global asset manager (Peppard and Ward
2016). The company is presently managing nearly $A450 billion of assets of superannuation
funds as well as different institutional investors.
Corporate and asset finance: The Company lends to the consumers as well as leases
assets to several businesses consisting of a fleet of 600,000 cars and passenger aircraft, medical
equipment, rail stock, medical equipment as well as mining equipment.
Banking and financial services: The Company comprises retail-banking operations as
well as provides personal banking along with wealth management and products of business as
well as services to nearly one million clients.