Abstract
This paper contributes to the discipline of Information Systems (IS) by illustrating the continuing evolution of IS applications to a single, core business function. Historical developments in IS and the major global treasury activity, foreign exchange trading, have been examined to establish the context. Findings from a seven year research project into the impact of ICT on financial services and the development of a next generation agentbased treasury management system prototype have been applied. Possible future developments in IS applications are explored in terns of the capabilities of emerging technologies to address current treasury challenges. The implications for practitioners in an increasingly complex, global market are discussed and sustainable research issues, particularly for IS research, identified.
This research was conducted under the auspices of a Research Project on Business Innovation funded by the Danmarks Nationalbank, the central bank of Denmark and the Australian Research Council.
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© 2006 International Federation for Information Processing
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Karol, A., Williams, MA., Elliot, S. (2006). The Evolution of IS: Treasury Decision Support & Management Past, Present & Future. In: Avison, D., Elliot, S., Krogstie, J., Pries-Heje, J. (eds) The Past and Future of Information Systems: 1976–2006 and Beyond. IFIP WCC TC8 2006. IFIP International Federation for Information Processing, vol 214. Springer, Boston, MA . https://doi.org/10.1007/978-0-387-34732-5_9
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DOI: https://doi.org/10.1007/978-0-387-34732-5_9
Publisher Name: Springer, Boston, MA
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