Private Permissioned Blockchain, Distributed Ledger Technology (DLT), Smart Contract amp; IoT based Technology Risk Compliance Management, Regulatory Compliance Reporting and IT Asset Management solutions for the banking amp; financial industry.

摘要

#$%^&*AU2018100340A420180510.pdf#####TECHNOLOGY RISK AUDIT REGULATORY COMPLIANj Technology ComphanceBlock chai-loT- i on-Patent TechnologyRisk Audit and Compliance TECRACABSTRACT High Level Design An abstract solution showing - how an Blockchain & IoT platform connecting an example Financial institution (Westpac bank) and Its IT Systems (Data Center) & assets with its relevant IT vendors as well as its relevant Auditor (e.g. PWC) and Regulatory body (e.g. APRA)on permissioned private distributed ledger technology (Blockchain). As it a Private and Permissioned blockchain network set by the financial institution, the financial institution can decide and set agreed data read / write / view permissions between the parties involved.DRAWINGS SOLUTION - THE TO-BE PROCESS - FOR AUDITING & COMPLIANCE Technology Risk Audit and Compliance - TECRAC TO-BE Model Blockchain enabled Using Blockchains DLT - A Decentralised compliance and regulation can eliminate duplications, increase transparency R"W~r Aand efficiency creating an environment where auditable Bank compliance data can be directly Rued nyRd O,;,y mma w * accessed by regulators and rules can be automatically executed with smart contracts. Eirte 3..d&W 1.*am Audtor Bm .l j[Internal Audit Team Blockchain + IoT Build Trust Reduce Cost Faster Transactions Imprae Cmpliance True Security