Operational Resilience Enablement
Operational Resilience is the “ability of firms, financial market infrastructures and the financial sector as a whole to prevent, adapt and respond to, recover and learn from operational disruption”
There are a number of operational resilience implementation challenges firms face, including:
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Lack of subject matter expertise
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Siloed implementation with no integration
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Resource constraints
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Lack of strategy and future vision
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Sector benchmarking
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A narrow definition of resilience aligned purely with the regulations
Read our Operational Resilience Technical paper
Are you struggling to manage your operational resilience program in line with regulatory expectations?
We can help
FourthLine is working with a number of financial service firms to help them with enabling, embedding and managing their Operational Resilience programs, through a mixture of consulting, advisory and managed service options.
Our operational resilience specialists are drawn from a selection of global financial services and consulting firms.
We have been helping firms to:
- Identify and map end-to-end business processes
- Develop impact analysis and assessments
- Define ownership and accountability across the chain of service components
- Produce service criticality maps for each business service
- Assist in identifying operational resilience suitable metrics
- Understand and document the current state organisation design of your operational resilience
- Provide maturity assessments vs. desired future state
- Assist in drafting self-assessment documentation
- Assist in repurposing existing or establishing new governance mechanisms to manage and oversee operational resilience
Book a free 30-minute review with one of our resilience experts now here>