Seminar on Technology Operations and Risk Management 15 to 18 May 2018 Philippines In this era of advanced technologies, bank supervisors need to be equipped with knowledge and skills on information technology (IT) risks and its management. Recognizing the impact of IT risks on financial institutions, the Asia Pacific Economic Cooperation (APEC) Financial Regulators Training Initiative organized a four-day regional seminar on technology operations and risk management. Sessions introduced foundational concepts of IT risk, risk management, and integrated supervision. Other topics included cloud computing, cybersecurity, mobile banking, FinTech, and payment systems and operations. This seminar also intended to give guidance on how links between IT and business risks can be made and incorporated into an integrated supervisory approach. Program and Learning Materials 15 May 2018 16 May 2018 17 May 2018 18 May 2018 Session / Activity Title Speaker(s) Welcome Remarks Noritaka Akamatsu Opening Remarks Chuchi Fonacier Presentation Information Technology Risk Supervision Any information technology (IT) risk is expansive, dynamic, and challenging. This presentation tackles the scope of an IT examination and describes… Colin Gavin Presentation Information Technology and Business Risk Business strategies can increase information technology (IT) risk. Learn how to reduce such a risk by getting familiar with major IT initiatives such… Colin Gavin Presentation Information Technology Risk: Cloud Computing Cloud computing has become more popular in many industries, including finance sector. This technology enables easier access and retrieval of data,… Colin Gavin Session / Activity Title Speaker(s) Presentation Information Technology Risk: Cybersecurity Cybersecurity does not recognize borders and it is considered a dynamic risk. Hence, risk management is necessary to make sure that all information… Linda Jeng Presentation Information Technology Risk: Mobile Banking and Payments Completing bank transactions is now easy and convenient as these can be done using your mobile phones. While convenience is a great benefit, it also… Colin Gavin Presentation Information Technology Risk: FinTech FinTech is an industry composed of companies that use technology to make financial systems and the delivery of financial services more efficient… Linda Jeng Presentation Information Technology Risk: Payment Systems and Operations High volume and payment system transactions generate operational risks. This presentation tackles internal control processes that can effectively… Linda Jeng Session / Activity Title Speaker(s) Presentation Information Technology Risk Management: Information Security Information security remains a significant input into the overall assessment of a firm’s information technology environment. This presentation… Colin Gavin Presentation Information Technology Risk Management: Data Governance All institutions increasingly depend on system-generated information for decision-making and regulatory reporting. Assumptions by management and… Colin Gavin Presentation Information Technology Risk Management: Vendor Management The use of service providers to perform operational functions presents various risks to financial institutions. Some risks are inherent to the… Linda Jeng Presentation Information Technology Risk Management: Disaster Recovery and Business Continuity Unexpected events could bring major destruction or damage to a business entity. Resiliency planning, therefore, is necessary for businesses. This… Colin Gavin Session / Activity Title Speaker(s) Presentation Information Technology Audit Information technology (IT) audit evaluates risk management, internal control, and compliance with policies. It also helps promote current and sound… Colin Gavin Presentation Information Technology Governance Information technology (IT) governance consists of the leadership, organizational structures and processes that ensure that the enterprise’s… Linda Jeng Presentation Integrated Supervision Information technology (IT) risks have the potential to impact any and all of the business risks, especially for financial institutions. This… Colin Gavin Examination Practices and Wrap Up Colin Gavin Conclusion and Evaluation Colin Gavin, Linda Jeng Closing Remarks Ma. Ana Carmela Villegas Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s Chona Guatlo Related Full Agenda ADB Organizer/s Regional Cooperation and Integration, and Trade Division Partner Organization/s Bangko Sentral ng Pilipinas, Philippine Deposit Insurance Corporation Topics Capacity Development Finance ICT