Ali.A Bazgir’s Post

With the looming #DORA deadline and increased regulatory pressure, ensuring your third-party risk management strategy is robust has never been more critical. Read more: https://lnkd.in/eb9FXKvS Our latest article breaks down Third-Party Risk Management for firms subject to DORA, covering: ⚠️ Key compliance requirements 🔍 How to identify and address third-party risks 📊 Best practices for maintaining operational resilience 💼 Why scenario testing is crucial As your organisation adapts to the new landscape, it’s essential to move beyond outdated, reactive processes to a proactive approach that builds perpetual compliance. #RiskManagement #OperationalResilience #ThirdPartyRisk #Compliance #FinancialServices #DORA

A common problem faced by regulators is outdated risk assessment methods. Trust ORBS for state-of-the-art data aggregation and advanced analytics tailored to your needs. Enhance your compliance and streamline your risk management with our cutting-edge risk analytics solution. Learn more on our website: https://buff.ly/4dCVpwU #AMLRisk #RegulatoryCompliance #DataAggregation #AdvancedAnalytics #RiskAssessment #ComplianceSolutions #ORBS #RegulatoryChallenges #ComplianceSolutions #DataAnalytics

📣 Join our next complimentary #webinar where industry experts Daniel O'Brien, Huashan Zhang, CFA, FRM, SCR, Evelia (Eva) Penny and Henry Umney will discuss "360 Perspective on Critical Third Party Risk Management for DORA Compliance". 💡 Join this 60-minute online panel discussion to explore the challenges financial firms face in their journey toward DORA compliance, as well as the hurdles third parties encounter in providing the necessary information to support their clients' compliance needs. 📅 Click here to register for the live session: https://lnkd.in/dsYxVxxR #DORA #compliance #TPRM #ThirdPartyRiskManagement #DigitalOperationalResilienceAct #Resilience

Risk management is crucial for organizations to identify, assess, and prioritize potential threats, ensuring stability and resilience. In an ever-evolving business environment, staying updated on the latest trends and best practices is essential. Our latest blog post dives into the future of risk management, highlighting key developments and strategies for 2024 and beyond. From digital innovations to regulatory changes, discover how to safeguard your organization effectively. Click the below and visit our blog to read more today: https://lnkd.in/grqGWTkg #oakinterlink #blog #blogpost #blogposts #newarticle #riskmanagement #riskmanagementtraining #riskmanager #riskmanagment #risk

“From Reactive to Proactive: The Role of Brokers in Risk Management 🔄” "Today, brokers are stepping beyond traditional roles to help clients identify and mitigate risks before they turn into costly claims. Through comprehensive risk assessments and loss prevention strategies, brokers can offer tailored advice that safeguards businesses and enhances resilience. This proactive approach not only reduces exposure but also strengthens client relationships. How are you enhancing your risk management strategies? Let’s discuss how we can take your business from reactive to proactive! 💡 #RiskManagement #BrokerageServices #InsuranceSolutions #ProactivePlanning”

Meridian is our cloud-based compliance and risk management system... Access data, look at historical trends and property portfolios and make decisions based on risk, investment, resource, legal and policy compliance and training. All in one easy-to-navigate place. #compliancemanagement #riskmanagement #healthandsafety

🔊 Is your business impacted by DORA? Dive into our latest blog for a step-by-step guide on DORA compliance, focusing on key areas like ICT risk management, incident reporting, and third-party risk management. Discover actionable steps to not just meet DORA's requirements but to enhance your firm's digital resilience. Stay ahead and ensure your firm is prepared! #DORA #Compliance #FinancialSector Read more here: https://shorturl.at/orMT0

Sound governance requires organizations to address all risks in a balanced manner, weighing both opportunities and threats. At Bennett Thrasher, we understand the importance of robust risk management. Our Risk Advisory Services offer crucial support in IT and business risk consulting, internal audit, and SOC reporting to ensure your organization meets its strategic objectives with optimal risk. Contact us to learn how we can help you align your risk management strategies with your business goals. #RiskManagement #SOC #InformationTechnology #InternalAudit https://lnkd.in/eBDp4pQN

Sound governance requires organizations to address all risks in a balanced manner, weighing both opportunities and threats. At Bennett Thrasher, we understand the importance of robust risk management. Our Risk Advisory Services offer crucial support in IT and business risk consulting, internal audit, and SOC reporting to ensure your organization meets its strategic objectives with optimal risk. Contact us to learn how we can help you align your risk management strategies with your business goals. #RiskManagement #SOC #InformationTechnology #InternalAudit https://lnkd.in/empWd3V7

Challenges in RCSAs include their restrictive nature, narrow scope, and negative cultural perceptions. To optimise, firms are standardizing processes, leveraging from other risk assessments, and adopting a horizontal end-to-end view. This enhances consistency, thoroughness, and resilience management but requires careful definition about end-to-end processes. RCSA optimisation is triggering new ways of doing things in risk management. #RCSA #scenarioanalysis #riskassessment #riskmodelling #cyberrisk #nonfinancialrisk #infosecandtechnologyrisks #riskmanagement #operationalrisk #opportunities #riskmanagementinsights