This document is the 8th Report on IT Architectures in Banking from November 2016, which analyzes IT monitoring and governance. The report highlights the importance of a dashboard for performance monitoring, outlining methodologies and best practices. It illustrates how IT should actively contribute to business value rather than just ensuring services. It also includes a survey on monitoring processes adopted by various banks, highlighting areas for improvement and comparing practices in place. The report analyzes various domains, such as Governance and Economics, focusing on key stakeholders and the monitoring methods employed.