Research On The Risk And Risk-Prevention & Control Strategy Of Commercial Bank Information Technology

By making full use of information technology for financial creation,commercial banks build prospective information-based banking system for grabbing active competition power in the future.In the virtual bank-oriented financial world, information-based products almost consist of all businesses of traditional banks at present which represents the trend of the whole banking industry.The growth of bank information technology(BIT) has brought new risks for banks while benefiting banks and their customers.This paper makes in-depth analysis on the classification and formation of risks in the development of commercial bank information technology in China and puts forward prevention & control strategies for all types of risks.The risk of banking industry not only reflects technical problems,but also mirrors mixed problems existing in technology, management,flow and personnel.Due to the specialty of BIT risk,the building of BIT risk prevention & control system must be realized and strengthened through implementing technologies,construction of flow for inner-control and match rules,and comprehensive risk control.Through discussion on the risk-control strategies adopted by banks on such aspects as IT governance,IT project risk control,development and maintenance of IT system,operation management,building of information security system,business continuity control,technology outsourcing management and inner and external auditing,this paper brings forth the possibility of building an all-in-one risk control system that could manage all aspects including the flow,technology and personnel,and by adding external supervision system,commercial bank IT risk can be reasonably avoided so as to zoom down the influence towards the growth of banking business by BIT risk.Apart from depicting the strategies adopted by XX bank for IT risk control through case analysis method,this paper also describes the practical effects benefited from those strategies by XX bank,and has proved the reasonability of BIT risk control strategies in practice.Through analyzing the formation,control strategy and supervision system of BIT risk,a comprehensive plan is put forward for building risk control and supervision system for China's BIT risk by combining the practical situation of China's BIT growth, development and implementation of inner risk control strategy,and the reality of external risk supervision.This plan is set to promote a safe,sustained and stable operation for China's banks,to drive business innovation,to improve management level in IT risk,and to enhance bank's core competitiveness and sustainable development capacity so as to expand in international financial market and become top international commercial bank in the world.