Castellan

SEPTEMBER 21, 2022

Take for example one of the current most highly publicized changes, the United Kingdom’s Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA)’s new requirement that financial services organizations comply with new operational resilience regulations. Overcoming Challenges.

Resilience 52

Resilience Financial Services Disaster Recovery Business Continuity 52

Fusion Risk Management

JANUARY 5, 2023

While the methodology or framework for resilience may differ, the expectations are clear: businesses must adapt to the changing environment, mitigate potential impact, and continue to deliver important services to customers.

Resilience 52

Resilience Financial Services Audit Outsourcing 52

Fusion Risk Management

MAY 12, 2022

So, how might the new operational resilience methodologies and requirements help us to mitigate future harm? In mapping all the important business services, many resilience managers reported finding themselves overwhelmed by the amount of data that required capture and analysis. Speed of Response.

Failover 52

Failover Resilience Crisis Management Mitigation 52

Fusion Risk Management

SEPTEMBER 12, 2022

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?

Resilience 52

Resilience Insurance Insurance Audit 52

Fusion Risk Management

NOVEMBER 27, 2023

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).

Resilience 52

Resilience Risk Management Financial Services Business Continuity 52