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Operational Risk Control with Basel II
book

Operational Risk Control with Basel II

by Dimitris N. Chorafas
November 2003
Intermediate to advanced content levelIntermediate to advanced
400 pages
12h 48m
English
Butterworth-Heinemann
Content preview from Operational Risk Control with Basel II
Information technology risk 95
At the top of the list of operational risks which I have found in connection to IT
solutions, I distinguish:
Risk of falling behind in IT
Project management risk
Quality and sophistication of software risk
Risk of slow applications development
Vendor failure risk, and
Risk related to third party outsourcing.
Vendors can fail, but few companies have paid enough attention to protecting
themselves against this eventuality. The usual approach is to put all of one’s eggs in the
same basket, quite often that of the bigger vendors. This is a very limited vision and
it is wrong because big vendors, too, can fail. Look ...
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Publisher Resources

ISBN: 9780750659093