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Development of Extranet Technology for Investment Banking Clients

Drucker [1] predicts that if businesses fail to deploy their products and services effectively and expeditiously over the Web, they will, ultimately, “be killed by ecommerce” . The Internet is revolutionizing business, to the extent that the Internet is generating new imperatives for the way in which business is practically conducted [1]. In this paper, we identify and describe how the Internet is redefining the investment bankclient relationship, and investigate the effectiveness of the extranet and related technologies in enabling investment banks to fulfil their new, Web-borne businessimperatives, and facilitate effective online interaction with their clients.