The Use of Rapid Response Systems (Agile) And Their Role in Legalizing Operational Risks in Banks

Author

Abdelrahman Rashwan
Zeinab Kassem

Abstract

The study aimed mainly at scientific rooting by identifying the role of
using rapid response systems (Agile) in legalizing operational risks in banks
listed on the Palestine Stock Exchange. Previous studies, periodicals and theses,
analysis of the results of the field study and testing of hypotheses using the
statistical program (SPSS) .The questionnaire, after evaluation and arbitration by
a number of specialists, was distributed to the study community consisting of
branch managers, directors, heads and employees of the Risk Management
Department, which numbered (98) employees. The researchers used a
comprehensive inventory of the community due to the small size of the study
community .The results of the field study demonstrated that the use of rapid
response systems (Agile) helps to overcome the weakness in the control and
internal audit systems in the banks listed on the Palestine Stock Exchange. In
addition, the operational risks are being controlled and monitored by the internal
control departments and the internal audit departments in a large and clear way .
The study also recommended that the managements of banks listed on the
Palestine Stock Exchange should prepare plans for the use of rapid response
systems (Agile) to legalize the operational risks that these banks may face.

Download Full Article