In our recent Insight Deck, FourthLine discussed phase 1 of implementing a compliant Operational Resilience framework - defining "intolerable harm" and selecting or de-selecting your Important Business Services(IBS) to form part of the framework.
In our latest Insight Deck, we discuss phase 2 of developing an Operational Resilience Framework - what to consider, according to the regulators, when mapping your important business services (IBS) and what to consider when identifying potential vulnerabilities. Download the latest deck here>.
There are three main objectives for Phase 2 of an Operational Resilience Programme:
- Define how resilient you want your business to be
- Map the identified Important Business Services (IBS)
- Measure the current level of resilience of the Business Services and identify associated gaps and vulnerabilities
Download the latest Insight deck here now>
How FourthLine can help:
FourthLine is working with several clients to help them achieve compliance and react to the challenges of the new operational resilience regulation, through a mixture of consulting and resourcing services.
You can get in touch here to find out more about our tailored and proportionate responses to Operational Resilience compliance.
For further insights on Operational Resilience, go to our Operational Resilience micro-site.
Topics: Insurance Sector
