Information Systems and Law Enforcement free essay sample

Throughout the most recent decade, PC and media communications innovations have created at an uncommon rate. Expanded PC influence, progresses In information transmission and alluring and easy to use realistic interfaces present law authorization offices with exceptional ability to gather, store, break down and share information with partners inside and outside of government(Richter, 2001). At last, data innovation speaks to a device to help law requirement accomplish it expanded and progressively complex mission.This remains constant for the past and what's to come. Truly, the Innovation of Information frameworks has filled in as the impetus for emotional changes In the association of police work and has introduced OTOH openings and difficulties to police and other criminal equity specialists, concurring neighboring Chain (Richter, 2001). Taking note of that data is the stock-in exchange of policing. In 1967, under the FBI chief J. Edgar Hoover the National Crime Information Center (NIACIN) database was created.The NIACIN is the United States focal database for following wrongdoing related Information. We will compose a custom article test on Data Systems and Law Enforcement or on the other hand any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page While most Information Is kept up and put away on FBI Infrastructure, not all Information In the NIACIN Is put away on FBI servers. Data, for example, in-state criminal narratives, drivers permit, icicle enlistment and in-state warrants are kept up on the state level. Since the NIACIN is an entwined framework, most data kept up on the state level is accessible to any approved agency.Recently, the Electronic Privacy Information Center has raised worries over the legitimacy of data in the NIACIN database. An expansive alliance of associations over the United States has embraced a letter encouraging the restoration of exactness prerequisites for the Bis National Crime Information Center (NIACIN), the countries biggest criminal equity database. In excess of 3,000 people from 47 states and the District of Columbia have marked an online appeal to the Office of Management and Budget (MOB) additionally supporting the Privacy Act exactness requirements(Wisped. Erg) The Chicago Police Department (CAP) has been at the front line of the Information innovation race in law implementation. In the course of the most recent decade the CAP has Introduced various Information frameworks policing process. One of the frameworks that is having any kind of effect for the CAP is the CLEAR framework. The Citizen and Law Enforcement Analysis and Reporting (CLEAR) yester was created to tackle data to all the more viably deal with the office, fortify network associations and offer information with other crimina l equity frameworks. CLEAR was made to oversee data stream. Under CLEAR, the CAP has built up a Records Management System that utilizes nine operational frameworks which incorporate ; Fingerprints Mug shots Criminal History record repayment Internal examinations External grumblings Has CLEAR had any kind of effect? As indicated by CAP CLEAR has wiped out excess information section and aided in creating the executives reports. (5) Because there is just en data framework, all partners should learn just a single framework. Because of this framework, as it is changed is said to permit police faculty more opportunity to explain crime(Richter, P. 3).There is only the future for data frameworks and data innovation concerning law authorization. On Novo 16 2006 the Dallas City Council gave last endorsement for Dallas branches of police, fire and aeronautics to be the main supporters of COCO Communications Service. The administration permits the offices to approach this scrambled system permitting them to convey ice, video and information effectively w ith one another utilizing their current radios and networks(Government Technology) coco Communications programming convention rides on existing system foundations. The convention wipes out correspondence breakdowns made by frameworks that utilization varying frequencies or working frameworks. The administration coordinates with remote bearers, stretching out access to the administration and permits radios, workstations, PDAs and Pads to convey over the network(Government Technology). The outcome will be that clients will have the option to banter with their partners just as other government, state and nearby organizations on he system to share basic data during crisis circumstances or for ordinary everyday activities.Creative uses and improvement of new data innovation and frameworks can possibly build the limit and viability of law requirement in satisfying its mind boggling crucial today. This remembers the expanded requests for the post 911 world. Executing such frameworks faces a large group of difficulties. Acknowledgment by neighborhood, state and governments are consistently a prevent. Protection and security concerns consistently produce contention. However, the main halogen of executing new frameworks and innovation is the means by which to pay for them.

Compare professional and non-professional correspondence Essay

Analyze proficient and non-proficient correspondence - Essay Example One should talk gradually and clear all together for the audience to comprehend. Above all, one should utilize appropriate language and tone while tending to any individual formally. One should email a sergeant or sheriff in the proper method of composing a mail. This is on the grounds that it is an official email. Additionally, it ought to show up in the way one composes a conventional letter (Berlo, 2006). Hence, there ought to be a location to the sergeant and the tone should be formal. Moreover, a sergeant or sheriff is a figure of power and merits a similar degree of correspondence as an indication of regard. Apparently, legal correspondence is formal. In this manner, when an individual meets an appointed authority along the town hall foyer, the individual is to soak up the adoration. Furthermore, one should address the person in question as â€Å"your honor.† This is on the grounds that it is the title given to the adjudicator inside the courts. Besides, judges vary and inability to bow could lead one to be in disdain of face. Nonetheless, this relies upon the appointed authority. Therefore, one should be on the more secure

What Is the Bystander Effect

What Is the Bystander Effect Theories Social Psychology Print How Psychology Explains the Bystander Effect By Kendra Cherry facebook twitter Kendra Cherry, MS, is an author, educational consultant, and speaker focused on helping students learn about psychology. Learn about our editorial policy Kendra Cherry Reviewed by Reviewed by Amy Morin, LCSW on February 24, 2020 facebook twitter instagram Amy Morin, LCSW, is a psychotherapist, author of the bestselling book 13 Things Mentally Strong People Dont Do, and a highly sought-after speaker. Learn about our Wellness Board Amy Morin, LCSW on February 24, 2020 Rob Daly/Getty Images   More in Theories Social Psychology Behavioral Psychology Cognitive Psychology Developmental Psychology Personality Psychology Biological Psychology Psychosocial Psychology If you witnessed an emergency happening right before your eyes, you would certainly take some sort of action to help the person in trouble, right? While we might all like to believe that this is true, psychologists suggest that whether or not you intervene might depend upon the number of other witnesses present. What Is the Bystander Effect? The term bystander effect refers to the phenomenon in which the greater the number of people present, the less likely people are to help a person in distress. When an emergency situation occurs, observers are more likely to take action if there are few or no other witnesses. Being part of a large crowd makes it so no single person has to take responsibility for an action (or inaction). In a series of classic studies, researchers Bibb Latane and John Darley found that the amount of time it takes the participant to take action and seek help varies depending on how many other observers are in the room. In one experiment, subjects were placed in one of three treatment conditions: alone in a room, with two other participants or with two confederates who pretended to be normal participants. As the participants sat filling out questionnaires, smoke began to fill the room. When participants were alone, 75% reported the smoke to the experimenters. In contrast, just 38% of participants in a room with two other people reported the smoke. In the final group, the two confederates in the experiment noted the smoke and then ignored it, which resulted in only 10% of the participants reporting the smoke. Additional experiments by Latane and Rodin (1969) found that while 70 percent would help a woman in distress when they were the only witness, only about 40 percent offered assistance when other people were also present. An Example The most frequently cited example of the bystander effect in introductory psychology textbooks is the brutal murder of a young woman named Catherine Kitty ?Genovese. On Friday, March 13, 1964, 28-year-old Genovese was returning home from work. As she approached her apartment entrance, she was attacked and stabbed by a man later identified as Winston Moseley. Despite Genovese’s repeated calls for help, none of the dozen or so people in the nearby apartment building who heard her cries called the  police to report the incident. The attack first began at 3:20 AM, but it was not until 3:50 AM that someone first contacted police. Initially reported in a 1964 New York Times article, the story sensationalized the case and reported a number of factual inaccuracies. An article in the September 2007 issue of American Psychologist concluded that the story is largely misrepresented mostly due to the inaccuracies repeatedly published in newspaper articles and psychology textbooks. While Genoveses case has been subject to numerous misrepresentations and inaccuracies, there have been numerous other cases reported in recent years. The bystander effect can clearly have a powerful impact on social behavior, but why exactly does it happen? Why dont we help when we are part of a crowd? Explanations There are two major factors that contribute to the bystander effect. First, the presence of other people creates a diffusion of responsibility. Because there are other observers, individuals do not feel as much pressure to take action, since the responsibility to take action is thought to be shared among all of those present. The second reason is the need to behave in correct and socially acceptable ways. When other observers fail to react, individuals often take this as a signal that a response is not needed or not appropriate. Other researchers have found that onlookers are less likely to intervene if the situation is ambiguous. In the case of Kitty Genovese, many of the 38 witnesses reported that they believed that they were witnessing a lovers quarrel, and did not realize that the young woman was actually being murdered. Characteristics of the situation can play a role. During a crisis, things are often chaotic and the situation is not always crystal clear. Onlookers might wonder exactly what is happening. During such chaotic moments, people often look to others in the group to determine what is appropriate. When people look at the crowd and see that no one else is reacting, it sends a signal that perhaps no action is needed. Can You Prevent the Bystander Effect? So what can you do to overcome the bystander effect and avoid falling into this trap of inaction? Some psychologists suggest that simply being aware of this tendency is perhaps the greatest way to break the cycle. When faced with a situation that requires action, understanding how the bystander effect might be holding you back and consciously taking steps to overcome it can help. However, this does not mean you should place yourself in danger. But what if you are the person in need of assistance? How can you inspire people to lend a hand? One often-recommended tactic is to single out one person from the crowd. Make eye contact and ask that individual specifically for help. By personalizing and individualizing your request, it becomes much harder for people to turn you down.

Essay about Motorcycle Gangs - 2048 Words

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Academic Skills For Health Science - 1272 Words

University of Western Sydney – The College Academic Skills for Health Science Research project – part A (a literature review) Student: MINH NHUT TRIEU Student ID: 18758072 Date submitted: 16/04/16 Word counts: 1012 Nowadays, College students have been recognized at risk for the development of anxiety. According to nursing (2006), ‘anxiety is natural reactions to threatening situations. Your body has a fight or flight reaction—your heart races, you breathe faster, you sweat, and your stomach and head may ache’. Therefore, UWS College has provided students with many useful services such as counselling service, disability service, international student service, workshops and programs. Inam, Saqib and Alam (2003) believed that students experience anxiety and depression because of many reasons. Firstly, this is because the high volume of techniques to be absorbed and the requirement of academic performance. For example, the negative impacts of stress on medical students contain the weakness of functioning in laboratory performance and clinical exercise, stress-induced disorders and reducing performance. To solve this problem, learners should seek the advice of school counsellors. A research indicated that students who have been panic from the examination failure can manage pressure by improving their feelings of self-control. They can enhance those skills by having appropriate learning strategies, suitable self-instructions as well as relaxation time. In thisShow MoreRelatedmission vision Essay1074 Words   |  5 Pageshave been a nurse in the acute care setting for over 9 years and due to the changes in health care I have decided to pursue my professional goal in the part of a Family nurse practitioner; which will allow me provide advance nursing care. 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The Biggest Myth About Persuasive Essay Topics for High School Exposed

The Biggest Myth About Persuasive Essay Topics for High School Exposed Finding the Best Persuasive Essay Topics for High School Getting admission into your treasured high school may be the desire of your heart. Year round school isn't a good idea. The sample high school admission essays we've got on our page can be useful to you or your buddies. Imagine your school does not own a school newspaper. Many students take plenty of time contemplating on the proper topic they'd pick for their essay writing. It's important to understand that essay topics are just basic ideas that leave you pondering a notion that might be a huge deal to somebody else. In an issue of speaking, picking out persuasive essay topics is similar to telling yourself what you need to convey to the rest of the planet. In spite of the fact there are many high school essay topics one would choose, it might take her or him a very long time due to uncertainty. If You Read Nothing Else Today, Read This Report o n Persuasive Essay Topics for High School Schools should eliminate class projects since they are useless. Every American should learn how to speak English. Students need more practical subjects to learn the way to use various things. High school students have to compose essays on a number of topics which at first may appear to have nothing in common. Things You Should Know About Persuasive Essay Topics for High School Think of one thing you're expected to learn in school that you don't think ought to be included in the curriculum. School tests aren't effective. Students ought to be permitted to pray in school. After graduating, some students start to search for a job rather than going into the university. You just need to earn a collection of the proper topic you would desire. It isn't too tough to grasp a superior theme as you imagine it. You have to have an objective to make it simpler to select your topic. Since you may see, locating a suitable topic is not quite as simple as it might appear. You may write pretty much any topic you desire. Selecting a topic is a critical issue that partly estimates final success of the job. The name of a persuasive essay states it all, you must persuade the readers your opinion is appropriate. Thanks to the correct option of presentation style and a thorough understanding of the goals you wish to attain in your essay, there are many categories essay themes may be broken into. Persuasive essays are a really good approach to encourage the reader to check at a particular topic in a different light. A persuasive essay is a powerful tool when you want to supply a new vision of a specific topic for the reader. Some schools in the USA are requiring that students volunteer for a number of hours each semester to aid on a community issue. Think of one school rule that you truly disl ike. On our site you will discover a lot more useful one of a kind information that will certainly be helpful for junior and higher school kids from, like common home task essay about Hamlet, in addition to, for instance, application essays for college for future students. Generally, students find it complicated to select a suitable topic. The One Thing to Do for Persuasive Essay Topics for High School All essays will have a certain topic that's either one you choose or one which is provided for you. First and foremost it's vital to make sure you comprehend the essay question fully and your essay answers each part of the question adequately. There are many intriguing topics that could be become a persuasive essay if you take the opportunity to think about doing it. The 2nd necessary issue is a comprehensive guide on the best way to compose a persuasive essay, and we're prepared to assist you with the latter. Good persuasive essay topics need to be persuasive. If you're thinking about how to compose a persuasive essay, you have to know that writing an essay is a complicated process. Persuasive essay isn't a place to be insecure. All persuasive essays are like argumentative essays. The Key to Successful Persuasive Essay Topics for High School The same as an argumentative essay, a persuasive paper demands an adequate degree of expertise and knowledge of a particular field. As a way to express your thoughts properly, you will need to believe logically using full information given in the area. Ultimately, if you are supposed to write and essay but have very little knowledge or interest in the topic, don't forget there are lots of custom essay writers which will gladly do the task for you. If anything else fails, you can rely on professional persuasive essay writing services readily available online. The New Angle On Persuasive Essay Topics for High School Just Released Persuasive wr iting is composing a report or an essay that includes the objective opinion of an individual specifically the author. A persuasive essay provides an effective tool to assist all high-school students learn how to support their statements. The thesis statement is the center of the essay so you ought to pay some excess attention to it. Explain the objective of the paper and the way you intend to deal with the topic. Even in the event that you know the topic well, you might still must find some excess info to cover it completely. How To Choose Your Topics If you're tasked to create your very own persuasive writing topics and you will need to write about it, then it can be very difficult particularly if you aren't inclined to writing. Most Common Persuasive Writing Topics There are lots of different persuasive writing topics which were composed before.

Globalization and Domestic Policy Change †MyAssignmenthelp.com

Question: Discuss about the Globalization and Domestic Policy Change. Answer: Introduction: Financial institution all over the world is dependent on the international financial industry as it determines strategic management decisions of the organizations. Globalization has made competition even tough in the industry, the key aim is survival and success of many financial institutions is to implement strategic partnership, which makes them more competitive and offer diverse services to their clients and consumers. It can also be observed that the immediate effects of deregulation lead to geographic diversification and changes in policies, which further results in the implementation of interstate banking restrictions and gradual reduction of intrastate. Technology and innovation play an important role in the finance industry, organisations adapt to these in order to conform to the demand of the global customers (Coleman, 2016). Some of the organisations that internationally operate in an authoritative position are: The World Bank, International Monetary Fund, European central bank, World Economic Forum etc. The assignment focuses on the strategic management and its implementation on financial industries. The essay also highlights the key features of financial industry comprised of market size, industry growth rate, competitiveness and market structure. It also analyses the external factors using Porter five forces and PESTEL analysis, focusing on its high impact on the strategic management strategy of the financial industry. In fact, this essay also deals with a real-life example of many financial companies to focus the way the external forces impact on their innovativeness and implementation of resources and capabilities. Key features of the financial industry: As per Organization for Economic Cooperation and Development (OECD), financial services make up 20-30% of total service market revenue and about 20% of the total Gross Domestic Product(GDP) in developed economies like Denmark, Germany and Singapore. According to Al-Mulaliand Ozturk (2015), the most important three financial services like retail banking, life insurance and property and casual insurance generate annual revenue of approximately $6.6 trillion and have tended to grow at 6% compound annual rate over the preceding decade. International Monetary Fund (IMF) stated that the total global economy is worth $77.6 trillion in recent years. Therefore, if the financial services from banking and insurance sector are kept up to 6% growth rate for the years from 2014 to 2015, then its 2016 figure would be $13.1 trillion(Baptistaand Oliveira, 2015).On the other hand, particularly global banking industry has experienced a healthy growth rate in recent years, generating the Compound Annual Growth Rate (CAGR) of 4.7% between 2016 and 2017 for reaching a value of $134.1 trillion, as per the data from MarkerLine Research Firm. This industry has global significance because global financial markets have undergone major structural changes in recent years. Due to accelerating integration and globalization, there is a prevalence of certain changes in world financial markets. Apart from this, global financial markets also recently experienced increased securitization.According to Borio (2014), these developments are also spurred due to effective mergers and acquisitions worldwide. Broadening and expansion of derivative markets are also one of a factor that makes this industry global. For examples, banks in all over Europe are merging and forming alliances on an unparalleled scale and thereby changing the banking environment and creating global networks. Competitors in banking sectors: International banks continue to grow their assets as the world economy expands. In fact, there is debate whether China's economy is bigger than the United States regarding banking industries. Banks Assets Industrial and Commercial Bank of China $3.62 trillion HSBC $2.57 trillion Table 1: Competitors in banking sectors It has been found that Industrial and Commercial Bank of China is the largest bank in the world, which has $3.62 trillion assets and $134.8 billion revenue. On the other hand, HSBC, its competitor has 1800 locations in the UK and has $2.57 trillion assets(Coleman, 2016). Competitors in Life insurance sectors: Some important competitors among global insurance companies are AXA, Zurich Insurance Group and Berkshire Hathaway. In recent years, AXA increased its foothold in Latin America and acquired 51% of insurance operations in Colombia. On the other hand, Zurich Insurance Group operates more than 170 countries in Switzerland. Its core businesses are general insurance, global life and farmers insurance. Apart from that, Berkshire Hathaway is an investment manager conglomerate which is engaged in insurance, rail transportation, finance, and retailing through its subsidiaries(Martinset al.2014). Introduction:Financial industry which is comprised of banking and insurance sectors deliberately offers effective services like financial leasing, payment services, venture or risk capital guarantees and commitments. As a result, the market size of financial industry comprises about 16.9% of global economy, as measured in GDP(Philippon, 2015). Growth: According to International Monetary Fund (IMF), total financial service makes up about 60 to 65% of total global revenue. In fact, it has found that the financial service in developed economies also raised up to 6% growth rate in recent years. As per the above figure, there is an effective comparison of a global market share of revenue of largest global investment banks in 2017. According to that, the revenue of JP Morgan is of 8.1% of the global investment banking revenue (Coleman, 2016). A financial industry like banking sectors is more like having oligopolistic market structure. It is because it is an industry, which is controlled several small firms all over the world. Some banking firms like a bank of America, JPMorgan Chase, Citigroup, Wells Frago and PNC boasted nearly 40% of their deposits, which leads to the development of financial industry altogether(Philippon, 2015). PESTLE analysis: These are the rules, framework and guidelines that are associated with the governments, financial institutions and authoritative bodies. Based on geographical locations of the organisations the management of the companies is bound by the rules and regulations which govern the company (Valdezand Molyneux, 2015). Some of the aspects which impact the organisations in this industry are: international legislations, labour regulations, trade rules and regulations in the country of operation, international relation, political stability and favorability of the government. Based on the region on operations the organisation has to follow the rules set out by authoritative organisations like the ones mentioned above (Valdezand Molyneux, 2015). For example, SAP Financial Services Forum looks into the opportunities and benefits of digitalization and explores the implementation of disruptive technologies in banking and insurance companies. Another example is Coalition Agreement in the UK, which le ads to a huge deficit in the insurance sector and disarray in a banking system, due to which there is a huge loss in sovereign debts market of UK (Valdezand Molyneux, 2015). Even due to this agreement, there are low-interest rates on financial stability and long-term impacts of quantitative easing (QE). In the industry, there are factors such as the rate of the currency in the international market, inflation rate, market and trade cycles, interest rate etc which impact the industry. The economic factors are important as they provide growth and expansion opportunities for the organisations, if the conditions are favorable then new organisations in the finance industry have scope to invest as well as operating organisations. For example: The financial crash of 2008-2009 impacts on financial operations of banking industries. Several leading banks had to deal with a problem of cyber security. Market orientation and banking structure also lead to the change in the development of financial operations of banking and insurance companies. In fact, interest rates also have some impacts on share prices in the financial services industries like banks and insurance companies. For example, HSBC bank has tax benefits with the deposit tenure of 5 years. Technology is improving, advancing with research and development and in every business industry, it plays an important role it provides scope and opportunity for the business to innovate and grow. It makes the process of Innovations in technology have played an important role in the industry, now anyone can use a card and conduct transactions form any part of the world. Core banking, online and mobile banking. Fin-tech disruptor is one of the financial technologies that mainly focused on the mobile payments to insurance. Organisations incorporate technology in the business operation which includes hardware software, internal and external services. Moreover, it can be assumed that by 2020, there will be decentralized asset ownership with the use of information technology rather than automatic turn to banks as an intermediary. According to Philippon (2015), Blockchain public ledger can be a significant part of financial institutions technology and infrastructure, as it moves from large retail sector to institutional use. 5 Forces Analysis: The 5 Forces Analysis is a tool that is used to study the intensity of the competition in the Industry at the same time it indicates scopes and opportunities that organisations operating in the industry may have. This tool was developed in 1979 by Michael Porter. This is used as a strategic management tool to develop the policies and formulate plans for the company to successfully grow in the competitive market (Ho 2014). Rivalry among Competing Firms: The competition in the market is created by the firms who provide similar kind of products and services. It is important to analyze the rate to competition in the industry because it will help the company to formulate strategic decisions better. In the global financial services market, the number of competing financial firms is limited, which makes the competitors compete for the same customers and resources. The lower storage costs also enable the competitors to bear lower risks to unload their inventory all at a time. Besides, due to the increasing growth of the financial services industry, it is evitable that all the competitors are growing in terms of revenue creation which gives a substantial reason that the competitors need not to compete to take the market share. In addition to these, the low exit barriers in the market enable the competitors to increase their profits naturally. All these factors ensure that the rivalry among the competing firms in the financial services marke t is moderately low (Porter, 2016). Threat of entry of new competitors: This is the scope of new organisations to start their business in the industry. This creates new competition as new firms bring new values and innovations to the industry. The distribution network in the global financial services market is weak and it is also very expensive to move the financial goods in the market. High capital requirement is also a barrier to the financial companies and they need to spend a lot of capital to survive in the market. Besides the introduction of the sunk costs, facing the existing big brands, inability to cope the advanced financial technologies, smaller economies of scale, and contingencies related to local government policies also make the threat of new entry in the global financial sector very low (Storey, 2016). Bargaining power of suppliers: There is a high level of competition among the suppliers in the financial services sector which has a positive impact on the sector as the suppliers cannot have bargaining leverage over the producers. Apart from that, the low concentration of suppliers, diverse distribution channels, and financial firms ability to switch suppliers reduce their bargaining power. Bedside the local government intervention makes it difficult for the suppliers to bargain for the services they offer (Minsky, 2016). Suppliers in the finance industry are can be third party service providers, hardware and software suppliers etc. Threat of development of substitute products: The substitutes are the indirect threats in the industry. The substitutes of the global financial services industry usually show lower performance, so the customers feel no urge to switch from the financial sector. Besides, the limited number of substitutes and the products and services offered by these substitutes do not let the development of substitute products pose a strong threat to the industry (Webb and Martin, 2017). Bargaining power of consumers: In the financial services sector, the customer has no bargaining power as negotiator and they also do not get much of attention when they need customization in their schemes. Low customer price sensitivity, low dependence on the distributor and large number of customer base disable the customers to have the bargaining power, but sometimes the competitors can offer services that are suitable for the customers, but the end it is the customers who need to negotiate with the terms and schemes (Shoup, 2017). Weakest force: The weakest force among these five forces is apparently the threat of substitutes. There is actually no closer substitute for the financial services around the world except for few countries such as the US and the UK where the microfinance services firms are seen as the potential substitutes for the global financial services industry. In these countries the microfinance providers cater to the low or middle income families to meet their basic needs at lower interest rates. But in many countries like India, the microfinance service providers are also treated as a valuable part of the entire financial services gamut (Shoup, 2017). Comparatively the bargaining power of consumers is a stronger force that the competitors in the global financial services industry need to respond meticulously. The consumers, nowadays, tend to have various demands such as digitization, personalization and more. The financial services around the world are also more inclined to know what the consumers really demand and they come up with different latest solutions such as integration of data as currency, automated servicing, digital services, personalization, and different channel agnostic. Apparently the weaker force is the threat of substitutes and the competitors sometimes find the substitutes profitable and they tend to follow the strategy of merge acquisition with these potential substitutes and enhance their portfolio with various offerings (Aalbers, 2017). Pertaining to the five forces, the changes in these forces in the next three years are not expected to be very significant. The finance industry is a huge industry where the competitors do not need to steal the market share as this industry undoubtedly an ever growing industry because of increasing demand from the customers and also it caters to all kinds of consumers such as business entities, corporate, middle class workers and lower class people. Besides, the current slowdown in the global economy is going to cast a negative impact on the global financial services industry (Porter, 2016). The landscape of the threat of new competitors is expected to change if the global government policies go through serious amendments. But as for now, there is no circular airing in the global financial services industry. Besides the technological advancement in the finance sector and Fintechs can also offer new opportunities for the new entrants in the industry (Storey, 2016). The supplier power in the financial sector can only change if the governments introduce any new policy, but this needs long time to implement the change. In addition to that, the technology advancement and the rise of Fintech firms are expected to change the landscape, yet a paradigm shift is not expected (Minsky, 2016). The substitute products providers are supposedly get merged with the big financial services providers in the coming three years. However, the Fintech providers are expected be an integral part of the financial entities in the world (Webb and Martin, 2017). The bargaining power of consumers in the financial services sector is supposedly increase, and to close the gap the finance sector along with the Fintech firms are expected to introduce new user friendly interfaces for smooth experiences (Shoup, 2017). Industry attractiveness: Selective Investment or Prudent Safe Investment and Growth Safe Investment and Growth Danger Zone Harvest or Divest Selective Investment or Prudent Safe Investment and Growth Danger Zone Harvest or Divest Danger Zone Harvest or Divest Selective Investment or Prudent Changes in the Companies in the Financial Industry: Innovating Resources and Capabilities Rapidly advancing technologies, evolution of customer expectations and demands, and a dynamic regulatory framework are expected to herald a new era of disruptive innovation in the global financial services industry. The financial technological innovations or the fintech innovations have successfully caught the attention of the customers, investors and the incumbents through disruptive innovations such as crypto-currencies, big data analytics, peer to peer lending and more. But the significant impact of these innovations on the global financial services industry remains opaque. The innovations in the global financial industry are supposed to stem from the following areas such as increased central banks intervention, increased concerned over data protection, increased regulatory pressure, increased transparency in asset management, increased use of Public-Private partnership, and slowdown in economic growth (Gaiet al.2017). Conclusion: One of limitations for the Fintech innovators is that it sometimes fails to create new infrastructure unless a group of financial services entities come together for building a viable ecosystem. The financial firms are also increasing their efforts to overhaul their systems and increase their customer experience through alignment with their expectations in the areas such as artificial intelligence, cloud computing and big data analytics. The financial service providers around the world need to embrace the change by partnering with the Fintech companies for achieving better profitability, market share and customer experience. 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