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White Paper Description
An overview for CIOs of the provision and management of IT services at a level that addresses the risk management issues raised by the Basel Committee's New Capital Accord expected to become effective during 2006. Because of the dependence financial institutions have on IT services, the accord requires adequate provision to assure the availability of these services. Centauri Business Service Manager is presented as the solution: one that allows a CIO to assess current risk levels, measure ongoing risk and support a process of ongoing improvement to reduce this risk. Furthermore, Centauri provides the financial institution with a cost-effective balanced scorecard to improve decision-making.
Related Topics: Risk Management, Process Auditing, Regulatory and Compliance, Decision Making Considerations, Standards and Compliance
Related Industries: Monetary Authorities - Central Bank, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Professional, Scientific, and Technical Services, Management, Scientific, and Technical Consulting Services, Management of Companies and Enterprises
Related Keywords: basel 2, basel, banking risk, financial service provider, basel II, new capital accord, financial risk, banking security, fsp
Source: Proxima Technology
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