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     Advance Journal of Food Science and Technology

    Abstract
2015(Vol.9, Issue:4)
Article Information:

Monitoring and Warning System for Information Technology (IT) Outsource Risk in Commercial Banks Based on Nested Theory of Excel Logical Function

Jing Chen
Corresponding Author:  Jing Chen 
Submitted: March ‎3, ‎2015
Accepted: March ‎14, ‎2015
Published: August 15, 2015
Abstract:
Due to high dependence of modern financial institutions on Information Technology (IT), IT outsource service of commercial banks tends to have explosive growth, followed by outsource risk, one of major risks that commercial bank facing. Through identifying IT outsource risk points of commercial banks, this study establishes index system of IT outsource risk consisting three kinds of classifications, based on which, monitoring and warning system of outsource risk are founded via Excel logical function and banks are selected as examples to carry out real operations. Besides, relevant strategies and advice for IT outsource risk monitoring are proposed to offer new ideas and approaches for management of IT outsource risk in commercial bank.

Key words:  Excel logical function, IT outsource, monitoring and warning, risk management, , ,
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Cite this Reference:
Jing Chen, . Monitoring and Warning System for Information Technology (IT) Outsource Risk in Commercial Banks Based on Nested Theory of Excel Logical Function. Advance Journal of Food Science and Technology, (4): 302-307.
ISSN (Online):  2042-4876
ISSN (Print):   2042-4868
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