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E-finance: the CCMP model

Author

Listed:
  • Gewei Ye
  • Garland Keesling

Abstract

This article suggests a model that extends the e-finance framework from the technology perspective and provides a basis for a more comprehensive approach to financial digitisation. Specifically, the e-finance model is comprised of four components: digital wealth creation; digital wealth collection; digital wealth management; digital wealth protection. The four components constitute the Create-Collect-Manage-Protect (CCMP) model. Extensions of Enterprise Application Integration (EAI) with CORBA (Common Object Request Broker Architecture) and web services are presented to demonstrate the value-added implications of a networked approach to business digitisation. The e-finance model offers a new view to broaden the present understanding of e-finance from the technology perspective and shapes the basis for strategic decision making.

Suggested Citation

  • Gewei Ye & Garland Keesling, 2006. "E-finance: the CCMP model," International Journal of Business Performance Management, Inderscience Enterprises Ltd, vol. 8(1), pages 36-46.
    • Handle: RePEc:ids:ijbpma:v:8:y:2006:i:1:p:36-46
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