Abstract

http://ssrn.com/abstract=964821
 


 



Bank Computing in a Changing Economic Environment: The IBIS Project in New Zealand


Claire D. Matthews


Massey University - School of Economics & Finance

David W.L. Tripe


Massey University - School of Economics and Finance, Palmerston North and Wellington


Accounting Business & Financial History, Vol. 14, No. 3, pp. 301-315

Abstract:     
This paper examines a major bank computing redevelopment attempted in New Zealand in the 1980s - the IBIS project. After the expenditure of some hundreds of millions of dollars this project was not proceeded with and this paper looks at the factors that led to its eventual failure. We find that dreams of banking technology can be as costly as other failures experienced by banks, and that banks must have regard to the competitive environment in building their computer systems.

Keywords: Banking technology, Computers, New Zealand, IBIS project, Project budgeting

JEL Classification: G21, O32, O33

Accepted Paper Series





Not Available For Download

Date posted: February 23, 2007  

Suggested Citation

Matthews, Claire D. and Tripe, David W.L., Bank Computing in a Changing Economic Environment: The IBIS Project in New Zealand. Available at SSRN: http://ssrn.com/abstract=964821

Contact Information

Claire D. Matthews (Contact Author)
Massey University - School of Economics & Finance ( email )
Private Bag 11 222
Palmerston North, 4442
New Zealand
David W.L. Tripe
Massey University - School of Economics and Finance, Palmerston North and Wellington ( email )
Private Bag 11-222
Palmerston North, 30974
New Zealand
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