How IT-based co-creation can provide small banks access to the financial market: a prototype development from a design science research perspective

Authors:
Sven Weber;Roman Beck
Affiliations:
E-Finance Lab, Goethe University, Frankfurt, Germany;E-Finance Lab, Goethe University, Frankfurt, Germany
Venue:
DESRIST'11 Proceedings of the 6th international conference on Service-oriented perspectives in design science research
Year:
2011

Citing 19
Cited 0

Paradox lost? Firm-level evidence on the returns to information systems spending

Management Science
Grid Services for Distributed System Integration

Computer
Research Commentary: Desperately Seeking the "IT" in IT Research--A Call to Theorizing the IT Artifact

Information Systems Research
Information Technology Investments: Characteristics, Choices, Market Risk and Value

Information Systems Frontiers
The Information Systems Research Cycle

Computer
Information Technology and Productivity: Evidence from Country-Level Data

Management Science
Performance Impacts of Information Technology: Is Actual Usage the Missing Link?

Management Science
Measuring Information Technology Payoff: A Meta-Analysis of Structural Variables in Firm-Level Empirical Research

Information Systems Research
Adaptive Information: Improving Business Through Semantic Interoperability, Grid Computing, and Enterprise Integration (Wiley Series in Systems Engineering and Management)

Adaptive Information: Improving Business Through Semantic Interoperability, Grid Computing, and Enterprise Integration (Wiley Series in Systems Engineering and Management)
Soft design science methodology

Proceedings of the 4th International Conference on Design Science Research in Information Systems and Technology
Design and natural science research on information technology

Decision Support Systems
Data warehousing supports corporate strategy at first American corporation1,2

MIS Quarterly
A design theory for systems that support emergent knowledge processes

MIS Quarterly
Design science in information systems research

MIS Quarterly
Review: information technology and organizational performance: an integrative model of it business value

MIS Quarterly
The information systems identity crisis: focusing on high-visibility and high-impact research

MIS Quarterly
The nature of theory in information systems

MIS Quarterly
Design science in the information systems discipline: an introduction to the special issue on design science research

MIS Quarterly
The design theory nexus

MIS Quarterly

Quantified Score

Hi-index	0.00

Visualization

Abstract

The asset-backed securities (ABS) market shrank due to the financial crises in 2007/2008. The financial collapse was caused by both the consumer and the commercial ABS markets failure. However, the ABS market is an important source of funding for market participants in the financial services industry. Hence, we see a returning trend for ABS markets and present in this paper the development of a prototype from a design science research (DSR). perspective to enable smaller banks to securitize and sell their assets. Given the relatively low mortgage and credit volumes within smaller banks they are currently not able to package and sell their securities. The prototype developed in this paper offers a solution by pooling all mortgages gathered from hundreds of smaller banks, calculating the attached risk, and finally, selling them to investors. In this context, DSR enabled us to build such a cooperative strategy in form of a prototype.