article thumbnail

Introducing Fusion’s New Argos Risk Integration

Fusion Risk Management

If your organization does business within the financial services eco system, you’re expected to adhere to financial services third-party outsourcing requirements contractually – even if you r organization is not directly regulated by the supervisory authority. Do you want to be your organization’s ecosystem resilience rock star? .

article thumbnail

Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

Increasingly, financial services supervisory authorities are seeking to ensure that the third parties that are supporting a firm’s important business services meet all resilience requirements. It formalizes existing third-party outsourcing requirements and provides more prescriptive guidance on regulatory expectations.

article thumbnail

TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Your customer may ask you to meet a specific SLA in the event of a data breach so that they can activate their incident management processes . Your customer may be subject to third-party outsourcing requirements by their own regulators , like the European Banking Authority’s Outsourcing Requirements , and they may ask to sign an addendum