Title: E-finance: the CCMP model
Authors: Gewei Ye, Garland Keesling
Addresses: Department of Marketing and e-Business, College of Business and Economics, Towson University, 8000 York Road, Towson, MD 21252, USA. ' Department of Marketing and e-Business, College of Business and Economics, Towson University, 8000 York Road, Towson, MD 21252, USA
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.
Keywords: e-finance; enterprise application integration; e-business strategy; financial digitisation; middleware; web services; digital wealth.
International Journal of Business Performance Management, 2006 Vol.8 No.1, pp.36 - 46
Published online: 21 Nov 2005 *Full-text access for editors Access for subscribers Purchase this article Comment on this article