PowerPoint Presentation

Infrastructure DivisionChloe Chan, Janet Chan, Kyle Stim, Lillian Kravitz, Rohit Kapur & Taylor GoudreauApplication DivisionZachary Alexander, Alexis Cai, Sharon Han, Gary Liku, Derek Liu & Joshua Neustadter

Tool Analysis & Demonstration1

Agenda

Live DemonstrationAdditional FeaturesSummaryTool Tutorial2

Logic of the ToolOverview of the Tool

Lillian-> Gary -> Rohit

Overview of the Tool

Live DemonstrationAdditional FeaturesSummaryTool Tutorial3

Logic of the ToolOverview of the Tool

Overview of the Tool4

This tool is designed for employees of Binghamton Bank Corporation to answer a series of questions regarding business practices The tool offers risk assessment questionnaire based on application or infrastructure assetsAfter the completion of the questions, the tool calculates the different areas of risk (inherent risk, control strength and residual risk)The calculations use a scale from 1 - 100 The scale clearly shows where residual risk levels are highestThe tool logs the calculations on the Risk Log sheetThe risk assessment employees can identify where the corporation's main risks lieThis allows risk assessment professionals to identify the most critical risks and make relevant recommendationsWelcome to the Aegis Risk Assessment Tool

Tool Tutorial

Live DemonstrationAdditional FeaturesSummaryTool Tutorial5

Logic of the ToolOverview of the Tool

6

Logic of the Tool

Live DemonstrationAdditional FeaturesSummaryTool Tutorial7

Logic of the ToolOverview of the Tool

Tool Logic8

Scale 1-100Inherent RiskMultiplies the value of the answer by a preset weightSums values for the answers per criteriaCalculates the averageHigher the value the greater the inherent riskControl StrengthMultiplies the value of the answer by a preset weightSums values for the questions per criteriaCalculates the averageLower the value the weaker the control strengthResidual RiskFollows the logic of inherent control = residual riskUses the formula Residual Risk = Inherent - (Inherent)*(Control)Residual risk is relative to inherent riskHigher the residual risk indicates weak controls for the inherent riskLogistical Analysis

Live Demonstration

Live DemonstrationAdditional FeaturesSummaryTool Tutorial9

Logic of the ToolOverview of the Tool

Additional Features

Live DemonstrationAdditional FeaturesSummaryTool Tutorial10

Logic of the ToolOverview of the Tool

Summary

Live DemonstrationAdditional FeaturesSummaryTool Tutorial11

Logic of the ToolOverview of the Tool

Summary12

Custom to Binghamton BankEvaluates risk for the answers selected by the userCalculates inherent risk, control strength, and residual risk using pre-determined formulasUses a scale from 1 100 to help the user identify which criterias may have high inherent risk and low strength controlsPinpoints which criteria contains more residual risk than anotherGraphs residual risk over iterationsAllows risk assessment professionals to accurately access the risks and provide concrete recommendationsDecreases residual risk due to the recommendationsTool Features

Questions?13

Thank you