Skip to content
 

3 Elements of Technology Risk Management

Question: 
What are three key elements of a technology-related risk management process?
Answer: 

Based on guidance in OCC Bulletin 1998-3, there are three essential elements of a technology-related risk management process:

  1. Planning for the use of technology,
  2. Deciding how it will be implemented, and
  3. Measuring and monitoring risk taking.

______________________
Learn how QC impacts risk management.

Vendor: 
AccuSystems

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

Print print Email email Share share

First published on 04/19/2020

Filed under: 
Technology
Filed under technology as: 
IT
Technology

Report a problem with this page

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics