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Decision Support Systems and Financial Risk Assessment - An evaluative study

Holley, Matthew LU (2011) INFM02 20102
Department of Informatics
Abstract
Despite the prevalence of FDSS in practice, and despite their significance both to the institutions using them and
the financial system in general, few scientific studies address this topic. No past studies have attempted to
evaluate FDSS in a financial risk management context. The objective of this research is to provide knowledge
into how such FDSS are used to support financial risk assessment at financial institutions, what considerations
are important for such systems to be deemed successful and to identify gaps between the FDSS provided and the
needs of financial institutions using them. For this purpose, I conduct an evaluative study of two systems used by
the Swedish National Debt Office to assess financial risk.

... (More)
Despite the prevalence of FDSS in practice, and despite their significance both to the institutions using them and
the financial system in general, few scientific studies address this topic. No past studies have attempted to
evaluate FDSS in a financial risk management context. The objective of this research is to provide knowledge
into how such FDSS are used to support financial risk assessment at financial institutions, what considerations
are important for such systems to be deemed successful and to identify gaps between the FDSS provided and the
needs of financial institutions using them. For this purpose, I conduct an evaluative study of two systems used by
the Swedish National Debt Office to assess financial risk.

This evaluation is based on my own adaptation of the DeLone & McLean (2003) model of IS success; thereby
creating a framework applicable to the assessment of FDSS supporting financial risk assessment. The resulting
framework recognizes the importance of system repute and assurance in the evaluation of such systems; with
user confidence bolstered by factors such as system transparency and knowledgeable service providers. I find
that measurements of net benefit include systems' contribution to loss prevention and the organizations' general
risk overview. Additionally, I find that net benefit measurement should consider systems' impact on
organizations' operational risk.

While some important factors remain inconclusive, my findings show that the FDSS evaluated at the Swedish
National Debt Office are reasonably successful. (Less)
Please use this url to cite or link to this publication:
author
Holley, Matthew LU
supervisor
organization
course
INFM02 20102
year
type
H1 - Master's Degree (One Year)
subject
keywords
DSS, FDSS, evaluation, DeLone and McLean model of IS success, financial risk assessment
report number
INFM02
language
English
id
1939649
date added to LUP
2011-05-18 10:19:09
date last changed
2011-05-18 10:19:09
@misc{1939649,
  abstract     = {Despite the prevalence of FDSS in practice, and despite their significance both to the institutions using them and 
the financial system in general, few scientific studies address this topic. No past studies have attempted to 
evaluate FDSS in a financial risk management context. The objective of this research is to provide knowledge 
into how such FDSS are used to support financial risk assessment at financial institutions, what considerations 
are important for such systems to be deemed successful and to identify gaps between the FDSS provided and the 
needs of financial institutions using them. For this purpose, I conduct an evaluative study of two systems used by 
the Swedish National Debt Office to assess financial risk. 

This evaluation is based on my own adaptation of the DeLone & McLean (2003) model of IS success; thereby 
creating a framework applicable to the assessment of FDSS supporting financial risk assessment. The resulting 
framework recognizes the importance of system repute and assurance in the evaluation of such systems; with  
user confidence bolstered by factors such as system transparency and knowledgeable service providers. I find 
that measurements of net benefit include systems' contribution to loss prevention and the organizations' general  
risk overview. Additionally, I find that net benefit measurement should consider systems' impact on 
organizations' operational risk.

While some important factors remain inconclusive, my findings show that the FDSS evaluated at the Swedish 
National Debt Office are reasonably successful.},
  author       = {Holley, Matthew},
  keyword      = {DSS,FDSS,evaluation,DeLone and McLean model of IS success,financial risk assessment},
  language     = {eng},
  note         = {Student Paper},
  title        = {Decision Support Systems and Financial Risk Assessment - An evaluative study},
  year         = {2011},
}