Examiner Watch: Is your IT Plan Ready?

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Question:

In a recent audit by the OTS I was asked to provide a seperate Strategic Plan for the IT area. Do you know where I can get a copy of one to use as a guideline, or an outling or format. I appreciate any help that you can provide.

Answer:

Here is a link to FDIC's strategic plan and an audit of it.

http://www.fdic.gov/about/strategic/information/intro.html

http://www.fdic.gov/oig/a-rep00/00-013.pdf

Editors Note: Interesting approach. By looking at what one of the regulators has put out for its own strategic plan and audit report, you have a nice blueprint for what they apparently think is acceptable. Since the reports of examination the FDIC does (and presumably has on its system) have highly confidential and sensitive information, it would seem their objectives and needs would be, in many ways, similar to that of a financial institution.

First published on BankersOnline.com 9/3/01