Yoni Ayiekoh

Role of Technology in RiskMitigation in Kenyan Banks

A strong ICT strategy is pivotal to competitive survival of business today. Ithas become a pervasive part of our living and working environment andwill continue to be an integral source of business, government and societyat large. ICT is the key to helping organizations connect, collaborate andcompete effectively. What does ICT improve the chances of effectiveness ofrisk management? � Improve business performance, productivity andprofitability through improved system performance, availability and security� Reduce administrative and back-office operational cost throughconvergence of voice, data and video over IP � Enable and improve thequality, quantity and access to services from any location by allowingremote access, monitoring and management of systems and applications �Improve customer satisfaction and loyalty through deployment of safe andsecure customer-facing solutions � Enhance collaboration and networkingamong employees, customers and partners by removing barriers to real-time communication and effective information sharing � Meet expectationsof new employees by adapting to their communication habits � Crossgeographical and time zone boundaries to me

Yoni Ayiekoh Is an MBA student at the University ofNairobi, passionate about research work. He haswritten about the following topics: 1. Economics ofe-commerce 2. Entrepreneurship in Kenya: Acomparison with the Ohio Third Frontier 3. A quickguide to significant events audit 4. Power: A businessperspective 5. Artificial Neural Networks:

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