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Operational Resilience for Financial Services: The View from APAC

Pure Storage

Operational Resilience for Financial Services: The View from APAC by Pure Storage Blog Across the globe, regulators and business leaders in financial services are increasingly paying attention to the area of operational resilience (OR).

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Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

I visited many organizations throughout 2022 and observed varying maturity levels in programs on their journey to addressing regulatory and policy requirements related to Operational Resilience. In 2023, we will continue to see more non-financial services companies adopt operational resilience concepts and frameworks.

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DORA vs. DORA! by Lee Fredricks

PagerDuty

Alternatively, and particularly in a Financial Services (FS) scenario, you’ll hear about DORA–the Digital Operational Resilience Act –which is a part of the European Union (EU) Digital Finance Package. Resiliency, availability and reputation directly impact the bottom line.

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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? Investing in Risk and Resiliency is the Right Thing to Do.

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Sensing the Tremors of Disruption

Fusion Risk Management

So, how might the new operational resilience methodologies and requirements help us to mitigate future harm? Over the past year and more, we saw financial firms implementing operational resilience programs to comply with the Bank of England, PRA, and FCA regulations. Pinpointing the Moment of Impact. Speed of Response.

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PRA’s Operational Resilience Roadmap: Looking Ahead to the March 2025 Compliance Deadline

Castellan

For those that may not be well-versed in operational resilience or the finer points of regulation in the United Kingdom, let’s take a moment to level-set. Defining Important Business Services (IBS) and Impact Tolerances were the first major milestones with initial compliance dates of March 31, 2022. Level-Setting. DOWNLOAD NOW.

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Geopolitics, regulations, and resilience

Fusion Risk Management

They also emphasize the need for organizations to strengthen their business continuity (BC) and operational resilience programs as well as prioritize agility to mitigate emerging threats and ensure compliance with global regulatory mandates. The EU followed with the Digital Operational Resilience Act (DORA).