Establishing an integrated bank operational risk management in the context of the development of a new information system

Abstract

This article reveals the peculiarities of the establishment of an integrated bank operational risk management in the context of the development of a new information system. In the course of the study, the author found out that: The maximum effect from bank operational risk management system to be introduced is provided by coordinating various sources of information within subsequent evaluation of potential threats and identification of the most significant hereof, given that: Information on activities is integrated with data on released and potential sources of operational risk;database on violations and risks is integrated on the basis of cause-effect relations;data on business process is integrated with current customer-identification systems and products used by them;information communication channel is integrated using the process of configuring particular domain areas with the operating system.