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Operational Resilience for Financial Services: The View from APAC

Pure Storage

Operational Resilience Requirements in Asia-Pacific Examples from Singapore, Hong Kong, and Australia Across APAC, regulators have been active over the past several years in crafting and implementing new regulations for operational resilience.

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Sensing the Tremors of Disruption

Fusion Risk Management

In mapping all the important business services, many resilience managers reported finding themselves overwhelmed by the amount of data that required capture and analysis. This shift to pursuing a “data over documents” approach will allow firms to tie together the available data and translate it into useful, viable strategy.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Technology and data service providers (TSPs) have become critical contributors in the successful operations of every organization. Think about it: if your technology or data warehouse were to fail, could you continue running your most critical business services?

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Operational Resilience: Is it just business continuity done properly?

Plan B Consulting

In these two papers, the Bank of England and the FCA lay out how they want financial institutes to carry out a series of operational resilience activities to make the whole of the UK’s financial market more resilient, and that an incident in one organisation could have a major impact on other companies, leading to financial collapse.

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Operational Resilience: Is it just business continuity done properly?

Plan B Consulting

In addition, the Financial Conduct Authority (FCA) Consultation paper of 2019 states: “Building operational resilience: impact tolerances for important business services and feedback to DP 18/04”. Identifying important business services. Operational resilience takes what we are planning for, back full circle.