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

Fusion Risk Management

Where are my vulnerabilities? 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. Where are my strengths? Where should I focus my efforts?

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Product’s Perspective: True Risk: Why External Vendor Ratings are Only Half the Picture

LogisManager

From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. This collaborative group of developers, designers, lawyers and risk managers uses those insights, along with rigorous R&D, to inform the way LogicManager works. Bonus Material: Free Risk Assessment Template.

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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. A “Resilience Hub” or platform is a best-practice approach that we see many firms take to develop a common operating language and to centralize all management, protection, and reporting against their important business services.

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Sensing the Tremors of Disruption

Fusion Risk Management

At Marcus Evans’s Operational Resilience In The Financial Sector conference, a session was held that was led by Vicki Gavin of Kaplan International with panel members Rich Cooper of Fusion Risk Management and Stella Nunn of PwC, taking the discussion forward. This degree of scenario testing helps to highlight further vulnerabilities.

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Clarity from Chaos: the Global Regulatory Challenge

Fusion Risk Management

Globally speaking, general requirements of all financial services firms include the ability to map their important or critical business services and interrogate all of the processes, assets, and resources that support those services, both in house and in their supply chain.

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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. That future proofing element is vital because you can’t always predict what is going to happen.

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What Was New in ’22: The BCM Year in Review

MHA Consulting

The year 2022 saw the tapering off of the pandemic, the invasion of Ukraine by Russia, an ongoing wave of cyberattacks, continuing supply chain woes, and a renewed focus by organizations on identifying and protecting their most essential business processes. Not every business service is equally important.

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