The Application Of Information Technology In Commercial Bank’s Operation Risk Management System Construction

In recent years, with the globalization of financial markets and banks continue toexpand the scale, due to fraud and some belong to the operational risks, led tofinancial institutions and commercial banks of large losses, even causing someinstitution failures, such as Dussel and Bank of Bahrain. The operation riskmanagement of financial institutions in the actual work becomes an important issue.Operation risk is endogenous that is different with credit risk and market risk that isexogenous. It is more dependent on the company’s system architecture design andprocess control, and the operation risk the uncertainty of the event occurring, so thatevery bank have lots of difficulties in the definition of the operational risk,recognition, measurement, evaluation etc. Basel banking supervision andManagement Committee in2004June issued the 《Basel New Capital Accord》,the operational risk into the risk management framework for banks, the bankoperational risk was defined, on the bank operational risk measurement method forreserve, management mode, offerred deep-seated request. At present, the G10hasclearly brought operational risk into the capital regulation, according to the newcapital accord on operational risk definition and implementation of operational riskmanagement. In order to promote the New Capital Accord implementation in China,promoting China’s commercial bank risk management ability, enhancing theeffectiveness of capital supervision, the CBRC on2007issued the 《Chinese bankingsector to implement the New Capital Accord guidance》, symbolizes that our countrylaunched the 《new Basel capital accord》. Through the new capital accord onoperational risk definition and measure method, clear the bank operational riskmanagement scope and objectives, however in the implementation of new capitalaccord in the process, the banks gathered on its own information system design andtransformation, due to the wide application of information technology, the bank anystrategy adjust already by oneself information system constraints also need throughconduction and implementation of information system. Therefore, this articleaccording to the new capital accord on operational risk management definition andsystem, research and analysis of the use of information technology to operational riskin the management process, designed to meet the requirements of the bank operational risk management information system architecture and function, improve the bank’srisk management level and efficiency.