Nigeria Financial Services Shared IT Infrastructure & IT Standards Programme
Expected Impacts and Benefits
Implementation of these standards is expected to provide the following benefits:
- Increased up-time / availability of Banks leading to increased cost savings
- Establishment of a reference point for objective assessment of the IT function leading to improved IT performance measurement
- Improved data integrity and electronic information exchange
- Increased efficiency and productivity of staff due to interoperability of IT systems
- Business Continuity / Recovery and reduced risk of prolonged downtimes
- Improved data security assurance to customers leading to increased customer confidence
Useful links
- Overview and Summary IT Standards for the Nigerian Financial Services Industry
- Target Maturity Levels
- Expected Impacts and Benefits
- Re-prioritised Industry IT standards
- IT Standards Adoption Roadmap
- IT Standards Governance and Interaction Model
- CBN IT Standards Council ToR
- IT Standards Blueprint for Deposit Money Banks (DMBs)
- IT_Standards_Blueprint for Payment Solution Providers (PSPs) and the National Microfinance Banks (NMFBs)
See Frequently
Asked Questions on the IT Standards Blueprint