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When You Can’t Rely on a Crystal Ball, Elevate and Invest in Resilience

Fusion Risk Management

But, with the invention of a crystal ball not on the horizon, organizations need an alternate way to gain a complete view of their important business services and be better prepared to prevent a potential disruption before it materializes. In today’s fast-paced world, resilience must be a strategic priority for businesses.

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DORA: Moving Beyond the Basics of Compliance and Implementing a Cross-Functional Approach to Resilience

Fusion Risk Management

It is important to recognize, however, that DORA is not simply a “check-the-box” compliance activity. And while it may seem like certain aspects of the regulation belong to different parts of your organization, a cross-functional approach will best serve your business and your comprehensive operational resilience strategy in the long run.

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Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

After all, Operational Resilience is not limited to the financial services industry. The intent is to establish “resilience-by-design” in strategic investments and critical projects. Operational Resilience is much more than just a compliance activity.

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Product’s Perspective: Better Together – The Importance of Using Integrated Software for Vendor Management

LogisManager

LogicManager’s True Risk calculation accounts for not only the standardized questionnaires and publicly available sets of financial, security and operational data, but also the references between your vendor and your key business services, your data and your strategic priorities. Smarter Vendor Spend.

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The Playbook for Resilient Operations in Financial Services – March 2022 and Beyond

Fusion Risk Management

While we know that complying with it will take considerable time and investment, you are to an extent future proofing your business. You’re investing to make sure your important business services can withstand the unknown. Revisiting impact tolerances as services and value chains evolve .

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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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Product’s Perspective: Better Together – The Importance of Using Integrated Software for Vendor Management

LogisManager

LogicManager’s True Risk calculation accounts for not only the standardized questionnaires and publicly available sets of financial, security and operational data, but also the references between your vendor and your key business services, your data and your strategic priorities. Smarter Vendor Spend.