Description

Internal controls and banking technology rely on each other to mitigate risks, and at the same time, drive innovation in banking technology and services. Internal controls are used to achieve operational success by increasing efficiency, consistency, reporting accuracy, and compliance. Banking technology is constantly evolving to suit the needs of banks and their customers. An effective interrelation between internal controls and banking technology helps achieve operational success.
This course covers the basics of internal bank control, including major internal control objectives for banks, typical control framework characteristics, and types of controls. It will also cover the scope of control and will differentiate responsibilities between the internal control groups. Furthermore, the course describes banking technology, including the evolution of banking technology, e-banking, current integrated architecture, and current and future trends in technology.