Research Article | OPEN ACCESS
Monitoring and Warning System for Information Technology (IT) Outsource Risk in Commercial Banks Based on Nested Theory of Excel Logical Function
Jing Chen
School of Business Administration, South China University of Technology, Guangzhou 510000, China
Advance Journal of Food Science and Technology 2015 4:302-307
Received: 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.
Keywords:
Excel logical function, IT outsource, monitoring and warning, risk management,
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Competing interests
The authors have no competing interests.
Open Access Policy
This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.
Copyright
The authors have no competing interests.
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ISSN (Online): 2042-4876
ISSN (Print): 2042-4868 |
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