Master Thesis in Economics: Is Government Regulation Perceived to be a Barrier to IT Innovation in the Finance Sector?

The intention of this dissertation was to explore the financial regulatory environment and analyze whether or not it creates a suitable ecosystem for the fostering of IT innovation. The literature suggested that IT experienced a great deal difficulty in delivering innovative solutions to business requirements with a large proportion of their budgetary and manpower resources tied up in meeting regulatory requirements and dealing with a variety of auditors both internal and external. Furthermore the literature indicated that the high level of complexity of regulations as well as their ambiguity and sometimes conflicting requirements meant that for IT dealing with regulations in a coherent and efficient manner was difficult. All of this seemed to leave IT with very little room to deliver solutions in an innovative manner. On the other hand the literature also suggested that there was some benefit and competitive edge for financial organizations to meet regulations faster or better than competitors. To consult more Economic essay sample, please see at Bộ Luận Văn Thạc Sĩ Kinh tế