Investigative Report Banking and Analytics
• You are an analytics consultant who has been asked to develop a report to the board of directors of Commonwealth Bank of Australia. The report needs to:
a) Describe the applications of Fintech and data analytics to the banking sector
B) Evaluate the impact Fintech and data analytics will have on how banks in Australia will operate over the next 5 years
C) Recommend three specific actions Commonwealth Bank can take over the next 12 months
to ensure they remain competitive
Students are provided with ONE core reading and four suggested readings:
CORE: https://www.ey.com/Publication/vwLUAssets/ey-unleashing-thepotential-of-fin-tech-in-banking/$File/ey-unleashing-the-potential-of-fin-tech-inbanking.pdf • SUGGESTED: https://www.pwc.com/gx/en/financialservices/fintech/assets/fin-tech-banking-2016.pdf • SUGGESTED: https://www.mckinsey.com/industries/financial-services/ourinsights/smarter-analytics-for-banks • SUGGESTED: https://www.mckinsey.com/industries/financial-services/ourinsights/synergy-and-disruption-ten-trends-shaping-fintech • SUGGESTED:https://www2.deloitte.com/content/dam/Deloitte/global/Docum ents/Deloitte-Analytics/dttl-analytics-us-ba-bankinganalytics3minguide.pdf
Students must reference the core reading, two suggested readings and three of their own sources in their report.
• The report should be appropriately referenced based on the resources found on MyKBS
(Academic Success Centre): https://elearning.kbs.edu.au/mod/page/view.php?id=194263
Assessment Structure
Suggested Structure:
Executive Summary
Students need to outline the issues covered in the report and summarise the recommendations. Someone reading this summary should have a general idea of what the report will address.
Introduction
Describe what Fintech is
• Describe the applications of Fintech in the banking sector with reference to contemporary
sources
Discussion
• Summarise the main conclusions from the introduction and speculate how banking will change over the next five years as a result.
• Justify your evaluation with reference to contemporary sources and use relevant headings
to highlight the main effects
Conclusion
• Drawing on the introduction and discussion recommend three specific actions for the CBA over the next year to ensure they remain competitive
• Justify your recommendations with evidence and refer to current sources
Summary of main discussion points.
Summarise all sections of the report.
References & Appendices
Reference appropriately in text and in the appendix (See https://elearning.kbs.edu.au/mod/page/view.php?id=194263)
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