Operationalising Information Systems Resilience Within the Financial Services Sector

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The initial orientation of resilience emanates from nature and the complex ecosystem in which it operates. The information systems (IS) discipline inherently concerns complex systems within socio-technical environments with symbiotic assimilation of social and technological elements. However, current views of IS resilience are underpinned through conceptual and theoretical lenses, which raises the question of the practical implementation of realising IS resilience. This research focuses on illuminating the operationalisation of IS resilience and determining good practices for realising IS resilience. The study adopted a multiple case study approach involving two financial service organisations. Interviews and document analysis were used to gather data regarding resilience approaches and practices. The data were aggregated, themed and compared to elucidate the IS approaches and practices. The findings show that the organisations use various methods to look at systems resilience, of which SRE, ITIL, agile, DevOps and elements of project management are foremost. Research shows that organisations need an overarching conceptual model for driving system resilience activities. Our findings show that no single conceptual model drives system resilience approaches across the South African financial services sector or even within a single organisation. Furthermore, the findings provide a practical view of the approaches and practices adopted to realise IS resilience within the financial services industry. Future research should examine how SRE, ITIL, Agile, DevOps and project management can be used together to discover the most beneficial resilience outcomes.

Original languageEnglish
Title of host publicationIntelligent Sustainable Systems - Selected Papers of WorldS4 2024
EditorsAtulya Nagar, Dharm Singh Jat, Durgesh Mishra, Amit Joshi
PublisherSpringer Science and Business Media Deutschland GmbH
Pages289-301
Number of pages13
ISBN (Print)9789819793266
DOIs
Publication statusPublished - 2025
Event8th World Conference on Smart Trends in Systems Security and Sustainability, WorldS4 2024 - London, United Kingdom
Duration: 23 Jul 202426 Jul 2024

Publication series

NameLecture Notes in Networks and Systems
Volume1179 LNNS
ISSN (Print)2367-3370
ISSN (Electronic)2367-3389

Conference

Conference8th World Conference on Smart Trends in Systems Security and Sustainability, WorldS4 2024
Country/TerritoryUnited Kingdom
CityLondon
Period23/07/2426/07/24

Keywords

  • Engineering resilience
  • Information systems resilience
  • Information technology service management
  • Operations management
  • Resilience engineering

ASJC Scopus subject areas

  • Control and Systems Engineering
  • Signal Processing
  • Computer Networks and Communications

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