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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
102 Operational Risk Control
Being in an IT backwater is a major operational risk, but few boards and CEOs are
aware of this fact. The problem is that plenty of people in senior management are still
computer-illiterate, though this is changing with the new generation of executives
taking over. Because it keeps the company behind the curve of competition, computer
illiteracy is an operational risk.
Both the IT applications and the infrastructure must be ahead of the curve. To serve
its users in an able manner, the infrastructure itself should be smart, able to check if
it is missing components and automatically reinstall those out of action. Also, it ...
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Publisher Resources

ISBN: 9780750659093