Response and Recovery Consulting and Advisory Services
Following the release of the new Operational Resilience publications by the regulators, firms have focused on delivering to expectations on Operational Resilience compliance.
But how do firms integrate this new discipline with existing Incident, Crisis and Business Continuity Management programmes?
The FCA and PRA both expect firms to have a clear operating model that supports their resilience objectives whilst simultaneously retaining existing capabilities to protect firms' strategic objectives.
Key challenges firms face
Read our latest Response and Recovery Insight Deck
Whilst one of the major objectives of the regulators' new Operational Resilience policies is to reduce both the frequency and impact of operational disruptions, business continuity and recovery planning are still critical in ensuring a firm's overall resilience.
One of the key impacts of the new regulations on Business Continuity Programs is the addition of Important Business Services (IBS) as a factor in assessing recovery requirements such as RTOs and RPOs.
Business continuity programmes need to adjust to this changing regulatory and operational landscape in order to maximise the effectiveness of a firm's recovery planning.
How FourthLine can help
Our approach can help firms identify a proportionate approach to align Resilience, BCM, and Incident & Crisis Management to deliver the best resilience uplift for our clients.
With a focus on delivering well-defined operationally functional processes and supporting artefacts, clients have been able to implement the changes with minimal disruption to their businesses.
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