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Overview of risk management system of commercial bank data center

  • Bank of China
  • Hefei University of Technology

Research output: Contribution to journal › Article › peer-review

11 Scopus citations

Abstract

In nowadays, the trend of the economic globalization is increasing evidently. Without exception, all of the global banking industries take information technology as a necessary condition for survival in the future and the core of the competition. Aimed at two risks, 'operational risk' and 'compliance risk', which commercial banks data center must face to, this article constructs a risk management system, represents a management style of 'One management framework, One set of risk baseline, Three kinds of control methods, Three improvement mechanisms', establishes risk baselines as the basic of risk management, consolidates risk assessment experience, raises the standardization level of the risk assessment, improves risk baselines with continuous effort to adapt the updated security environment, identifies operational risk and compliance risk comprehensively within the unified management framework, achieves risk management standardized and sustainable, provides strong support to the commercial bank on the development and robust operation around the whole world.

Original languageEnglish
Pages (from-to)245-258
Number of pages14
JournalInternational Journal of Security and its Applications
Volume10
Issue number3
DOIs
StatePublished - 2016
Externally publishedYes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • Compliance risk
  • Data center
  • Management framework
  • Operational risk
  • Risk management system

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