Castellan

NOVEMBER 29, 2021

In March 2021, The Bank of England, the Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA) published policy documents about operational resilience. This needs to be followed as soon as possible after 31st March 2022, and no later than 31st March 2025, by a roll-out of operational resilience capabilities.

Resilience 52

Resilience Gap Analysis Authorization Business Services 52

Castellan

MAY 26, 2022

By now, if you’re a financial institution in the UK, you should be well aware of the new requirements for operational resilience that went into effect earlier this year. The requirements include reviewing operational resilience capabilities, including mapping and testing for impact tolerances for important business services.

Resilience 52

Resilience Financial Services Banking Business Services 52

Pure Storage

FEBRUARY 21, 2024

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).

Financial Services 59

Financial Services Resilience Audit Authorization 59

Castellan

JUNE 9, 2022

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.

Resilience 59

Resilience Marketing Banking Business Services 59

Castellan

SEPTEMBER 21, 2022

What’s holding them back from moving toward a more comprehensive operational resilience program? This is one of the topics addressed recently in The BCI’s first Operational Resilience Report 2022 , published in partnership with Castellan. It’s not just financial services that struggle. And, are you one of them?

Resilience 52

Resilience Financial Services Disaster Recovery Business Continuity 52

Plan B Consulting

MARCH 27, 2021

What Operational Resilience really means, and how it compares with business continuity. I have been working on an operational resilience exercise for a client, which is based around taking a ‘severe but plausible scenario’ and then checking whether the scenario breaches the organisation’s impact tolerances.

Business Continuity 52

Business Continuity Resilience Banking Marketing 52

Fusion Risk Management

APRIL 5, 2023

In today’s world, organizations face unprecedented challenges that require a new approach to resilience. Organizations that embrace, invest in, and elevate resilience as a strategic priority are able to more proactively sense issues, analyze vulnerabilities, and adapt to the evolving environment. million customers.

Resilience 59

Resilience Banking Strategic Vulnerability 59

Fusion Risk Management

JANUARY 20, 2022

Over the years, there have been different drivers of organizational change, but now there is a larger sense of urgency around resilience because – if you’ve learned anything over the past two years or so – disruption is business as usual. Resilience is no longer a “nice to have.” From Reactive to Proactive.

Resilience 52

Resilience Pandemic Mitigation Risk Management 52

Fusion Risk Management

APRIL 20, 2022

It’s Time for a New Model of Compliance Because a Resilient Organization is a Compliant One. And just like that, the first milestone on the Bank of England, Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA) operational resilience regulatory timeline came and went. The Old Model of Compliance.

Resilience 52

Resilience Authorization Banking Account Manager 52

Fusion Risk Management

AUGUST 27, 2024

While the technological and societal transformations underway are likely positive in the long term, they are also creat ing demand for new resilience measures. But how can you build resilience with in your organization? Operational Risk and Resilience Teams Need to Balance a Complex Agenda Now more than ever, resilience is essential.

Resilience 52

Resilience Mitigation Evaluation Marketing 52

Plan B Consulting

MARCH 27, 2021

What Operational Resilience really means, and how it compares with business continuity. I have been working on an operational resilience exercise for a client, which is based around taking a ‘severe but plausible scenario’ and then checking whether the scenario breaches the organisation’s impact tolerances.

Business Continuity 52

Business Continuity Resilience Banking Marketing 52

Fusion Risk Management

SEPTEMBER 29, 2021

Resilience dominates the agenda for organisations globally. Continuity and excellence in service of customers has increasingly become the new standard for success. The impending UK regulatory requirements reflect the societal need for better operational resilience.

Financial Services 98

Financial Services Banking Capacity Activation 98

Fusion Risk Management

JANUARY 24, 2023

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.

Resilience 52

Resilience Financial Services All-Hazards Disaster Recovery 52

Castellan

APRIL 1, 2022

While there are some congruences between them, there are some unique distinctions that separate the two, and in many regards, they’re actually completely different business functions. As a resilience management professional, why is it important to know where these two terms split?

BCM 98

BCM Risk Management Business Continuity Resilience 98

Fusion Risk Management

JANUARY 5, 2023

Operational resilience has been top of mind for regulators and financial services firms for the past few years. The old way of managing risk and resilience programs is no longer effective or efficient, and regulators have taken note. The DORA centers around five principles that can lead to operational resilience.

Resilience 52

Resilience Financial Services Outsourcing Audit 52

Solutions Review

SEPTEMBER 16, 2021

Solutions Review’s listing of the best IT resilience platforms is an annual mashup of products that best represent current market conditions, according to the crowd. The editors at Solutions Review have developed this resource to assist buyers in search of the best IT resilience platforms and tools to fit the needs of their organization.

Resilience 52

Resilience Disaster Recovery Backup High Availability 52

Plan B Consulting

MAY 17, 2023

We are half way through BCAW and consultant Carly Clements presents her views on operational resilience. In today’s ever-changing and developing world that we are living in, Operational Resilience has never been more important than it is now. Operational Resilience is about how a business can deal with undesired events.

Resilience 52

Resilience Business Services Risk Management Consulting 52

Fusion Risk Management

AUGUST 18, 2022

Operational resilience is not just another buzzword. It i s top of mind for business leaders and regulators around the world. Resilience enables agility when confronted by the chaos of our present world , and it protects against the disruption of critical customer – facing operations. Defining a Critical ICT.

Resilience 52

Resilience Authorization Gap Analysis Risk Management 52

Fusion Risk Management

JUNE 15, 2023

With the twenty-four-month implementation period already underway, entities impacted by the Digital Operational Resilience Act (DORA) are beginning to implement best practices to drive compliance and operational resilience. It is important to recognize, however, that DORA is not simply a “check-the-box” compliance activity.

Resilience 52

Resilience Mitigation Crisis Management Business Services 52

VOX Veritas

JUNE 20, 2018

Resiliency Platform allows organization to automate the resiliency of their business services. Spend the weekends with the family rather than in the data center.

Resilience 40

Resilience Business Services 40

Castellan

JANUARY 27, 2022

About two-thirds of the book chronicles a fictitious life sciences company named Felder Corporation and its journey to implement a business continuity and operational resilience program that achieves the right level of resilience. Get The Business Continuity Operating System Book by Brian Zawada.

Resilience 98

Resilience Business Continuity Crisis Management Business Services 98

Castellan

OCTOBER 18, 2021

Resilience. And, as a business continuity professional, have they changed in scope and complexity in the past year? Has the coronavirus pandemic altered the way you approach these for business? The Resilience Movement. The resilience movement unfolding now is about more than just planning for disruptions.

Business Continuity 52

Business Continuity Resilience Pandemic Financial Services 52

PagerDuty

JUNE 26, 2024

When we talk to our customers about operational resiliency, three common themes come up: Teams don’t spend enough time on preventative design. This radically reduces the mean time to restore (MTTR) the service. Of course, operational resiliency goes beyond technology to encompass people and processes.

Resilience 52

Resilience Financial Services Alert Response Plan 52

Plan B Consulting

APRIL 15, 2021

This is the same in the business continuity industry, with the return of risk scenarios which has gone full circle over the last 20 years. The use of risk scenarios is being pushed by the PRA and the FCA at present, as part of their operational resilience agenda. system failures) as well as those, outside of their control (e.g.

Resilience 52

Resilience Fashion Transportation Continuity Planning 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? Investing in Risk and Resiliency is the Right Thing to Do.

Resilience 52

Resilience Insurance Insurance Outsourcing 52

Plan B Consulting

APRIL 15, 2021

This is the same in the business continuity industry, with the return of risk scenarios which has gone full circle over the last 20 years. The use of risk scenarios is being pushed by the PRA and the FCA at present, as part of their operational resilience agenda. How we wrote business continuity plans 20 years ago.

Resilience 52

Resilience Fashion Transportation Continuity Planning 52

everbridge

OCTOBER 12, 2021

Being a global, interdisciplinary organization, they needed a reliable, unified communication platform to keep staff and stakeholders across the globe connected in the case of an incident disrupting standard business services, such as severe weather. WHITE PAPER: THE TRUE VALUE OF BUSINESS CONTINUITY. Next Steps. Learn More.

Disaster Recovery 131

Disaster Recovery BCP Continuity Planning Outage 131

Fusion Risk Management

MARCH 14, 2022

Industry websites are brimming with dos and don’ts and successes and failures pertaining to building more resilient operations, creating resilient cultures, and architecting the systems that support them. But where are firms in their journey to implementing more resilient operations?

Financial Services 40

Financial Services Resilience All-Hazards Vulnerability 40

Fusion Risk Management

NOVEMBER 3, 2022

This concept has cascaded to new regulatory obligations such as operational resilience requirements in the UK which have provisions that require an appointment of a responsible individual in charge of the program who has ultimate accountability.

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Resilience Cybersecurity Mitigation Risk Management 96

Fusion Risk Management

AUGUST 7, 2023

With this in mind, it’s becoming increasingly important that organizations look at climate change and natural disaster preparedness not just from an ESG (environmental, social, and governance) perspective but also from an operational resiliency one. Should you train an additional office on the payroll processes in case of an incident ?

All-Hazards 52

All-Hazards Hazard Business Services Disaster Preparedness 52

PagerDuty

MARCH 4, 2024

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.

Financial Services 52

Financial Services Banking Marketing Resilience 52

Fusion Risk Management

SEPTEMBER 27, 2022

Third – party risk management (TPRM) continues to be a focus area for both regulated and non-regulated entities alike in the operational resilience landscape. Enter the new age of digital transformation by monitor ing your vendor risk data that is tied to your critical business services in real time.

Financial Services 52

Financial Services Risk Management Outsourcing Strategic 52

Erwood Group

JUNE 4, 2020

Several service expansions are also underway, providing financial impact analysis, financial forecasting, accounting services, marketing, business writing, and mentoring services for busy business owners that want to take their organizations to the next level.

Impact Analysis 52

Impact Analysis Marketing Business Services Consulting 52

Fusion Risk Management

MAY 12, 2022

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.

Failover 52

Failover Resilience Crisis Management Mitigation 52

Fusion Risk Management

MARCH 8, 2023

Processes, Dependencies, and Important Business Services This Community Exchange conversation brought some interesting insights to the forefront regarding the ways in which our customers structure their programs.

Financial Services 52

Financial Services Risk Management Application Resilience 52

Fusion Risk Management

FEBRUARY 7, 2023

If you ask most resilience students or apprenticeship trainees what their ultimate career goal position might be, heading up the global resilience team for financial services market leaders would likely be high up there. However, once you have reached those lofty echelons, you have a massive challenge on your hands.

Financial Services 52

Financial Services Resilience Crisis Management Vulnerability 52

PagerDuty

AUGUST 1, 2024

Find and implement specific recommendations, such as adding automation or enhancing team efficiencies, to boost operational resiliency. Tip: Create Stakeholder Subscriptions to subscribe stakeholders to business services and incidents, and inform public and private audiences with Status Pages. During an outage… 3.

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Outage Communications Alert Management 64