4.9  Information technology system integration  Information technology systems should be able to provide management information that is accurate, timeous and relevant to manage the bank’s risks. A bank’s system should be integrated, there should be minimal manual intervention, and the risks emanating within various departments or divisions should be consolidated in the management reports.
A bank’s systems should be able to serve the needs of its clients adequately. In any merger, the significant time taken to merge various systems can be seriously detrimental to the ongoing business of the bank.