Abstract

Due to high dependence of modern financial institutions on Information Technology (IT), IT outsource service of commercial banks tends to have explosive growth, followed by outsource risk, one of major risks that commercial bank facing. Through identifying IT outsource risk points of commercial banks, this study establishes index system of IT outsource risk consisting three kinds of classifications, based on which, monitoring and warning system of outsource risk are founded via Excel logical function and banks are selected as examples to carry out real operations. Besides, relevant strategies and advice for IT outsource risk monitoring are proposed to offer new ideas and approaches for management of IT outsource risk in commercial bank.

Keywords:

Excel logical function, IT outsource, monitoring and warning, risk management,

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Competing interests

The authors have no competing interests.

Open Access Policy

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Copyright

The authors have no competing interests.