Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
You will prepare and submit a term paper on ANZ Group of Companies. Your paper should be a minimum of 1500 words in length.
You will prepare and submit a term paper on ANZ Group of Companies. Your paper should be a minimum of 1500 words in length. However, since the bank operates under the ANZ group of companies it inherits its structure from the group.
The banking industry in New Zealand has 19 banks registered with the Reserve Bank of New Zealand as required by law. The banking system continues to be in robust health, with a good level of profitability, high asset quality, sound capitalisation and a generally well-diversified portfolio of assets. However, according to Matthews (2004):
…the banking system is not immune to potential vulnerabilities. These vulnerabilities are related to concentrations of risk in a number of areas for instance ownership of the New Zealand banking system is dominated by Australian banks. indirectly this means that the New Zealand system is exposed to changes in the Australian banking system. The New Zealand banking system has also become more concentrated in terms of the number of banking groups (pp. 46-47).
The group’s technology division is responsible for global delivery of ANZs information technology solutions, security and infrastructure. The bank prides itself on delivering technology solutions that cater to simplicity, security and convenience for its New Zealand customers. The bank’s strategy is to increase its focus on core customers and geographies. It aims to bank a full range of customers while building dominance in a limited number of segments. ANZ’s priority customer segments are natural resources because of the strong Australian natural resources client base and an established and growing network in Asia. agribusiness because of the growing soft commodity demand from Asia. and infrastructure especially in Australia and New Zealand (Elliott, 2010). The bank’s homepage URL is http://www.anz.co.nz/personal/.
Porter’s five forces is a framework that has been accepted globally as a model that could be used to better understand the industry within which a firm operates. In our case, we shall apply this model to argue out the strategic role of information systems to ANZ’ s banking business. . .
