Sample Essay
Business process remodeling was also performed on the old and legacy systems of the Deutsche Bank AG in order to make the new system more efficient.” However, while the platform dovetails with Deutsche Bank’s Global Trade Management Service, which prepares documentation on behalf of outsourcing clients, it has so far held back from adding a documentary initiation element. This may explain why Deutsche Bank was applauded for InfoTr@ck in this category, rather than as the best online trade finance provider. (Trade Finance, 2005)
On the other hand the Jordanian banking sector has been able to preserve the integrity and the confidentiality of their sensitive data and the computerized information systems by employing the usage of industry wide control system. The “Jordanian domestic banks are using effective fraud and error reduction controls. The study also reveals that these banks lack in the application of other Control System dimensions (Physical access, Logical access, Data security, Documentation standard, Disaster Recovery, Internet, communication and E-Control and Output security controls).” (Hayale & Abu Khadra, 2006) The study by Hayale & Abu Khadra which pertaining to the analysis of the control systems put in place by the Jordanian banks and was published in 2006 depicted that the Jordanian banks could continue to be more effective in reducing fraud and reducing threats to their computer automated information systems by increasing their controls on this system.
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