Marketplace Risk’s Post

How will the EU's Digital Operational Resilience Act (DORA) impact financial services firms and their providers of ICT-related services? 💡 💥 The countdown is on! DORA will become applicable as of 17 January 2025. Firms need to prepare for the new regulatory framework and our upcoming webinar will help you understand: ◾ DORA basics and its main challenges ◾ Responsibilities, liabilities and penalties ◾ Risk management framework ◾ Contracts and managing third party risk ◾ How to prepare for DORA across jurisdictions Register here > https://lnkd.in/eju_Rhx6 🎤 Our speakers will be Szymon Ciach, Laurens Dauwe, Jean-Christophe Vercauteren, Johannes de Jong and Matthew Sharkey #FinancialServices #DORA #Digitalisation

Make sure you don't miss our tomorrow's webinar on DORA!

We are excited to present our newsletter, designed to keep you informed and engaged with the latest news and updates in your field of interest. Each month, you can expect an exclusive article in the newsletter on a current topic. This month, Ragnar Malmros and Fredrik Ohlsson will deep dive into how it would be possible to implement DORA sufficiently and at the same time cost-effectively. DORA will enter into force on the 17th of January 2025. At first glance, it may not seem possible to adhere to all the different areas in DORA, avoiding the real operational risk and compliance risk, without having to spend valuable resources and risking losing business momentum. Our global newsletter will furthermore entail an overview of the top regulatory updates the previous month and monthly highlights of recent articles. We look forward to sharing our insights with you. Sign up here: https://lnkd.in/dYfCxkSs #Advisense #Governance #Risk #Compliance

Exploring the transformative power of RegTech in our latest blog post, we delve into how regulatory technology is reshaping compliance and risk management. It's intriguing to uncover the potential of RegTech in turning compliance challenges into opportunities for growth and efficiency. A must-read for those navigating the complex landscape of modern business regulations. Read the full article here: https://lnkd.in/gEVCXVCc #RegTech #ComplianceSolutions

After months of anticipation, we're thrilled to unveil #GovTalks, our new interview series aiming to explore the ever-evolving world of Governance, Risk & Compliance (#GRC), and #Regtech. In the first episode, we talked to Dr. Sabine Dembkowski, the visionary behind Better Boards Ltd., about the evolution of board management in 2024, the complexities of governance, and the transformative impact of technology. Read Sabine's complete interview below 👇 https://lnkd.in/ef8BVaa4 #Governance #RiskManagement #DigitalTransformation

ANNOUNCED: This year’s RiskTech100 Advisory Board! Join us for our virtual RiskTech100 event October 8-9, where we'll discuss the latest innovations and strategies across the spectrum of risk technologies and announce the top 100 global risk technology providers in our RiskTech100 report. Get all the details for the event and register here: https://lnkd.in/eJASuKJ #RiskManagement #FinancialRisk #RiskTechnology #RiskTech100 #TechnologyProviders

By understanding your industry, unique needs and goals, we can help your organization better match risk and capital. https://ow.ly/EzSh50Sr9Lh With a deep and broad understanding of risk we provide actionable insights and market-leading solutions. #RiskMitigation #ASmarterWayToRisk #RiskManagement #RiskTech #WTWPerspective

🚀CPS 230: Uncovering Hidden Risks and Opportunities with PX Partners: Essential Insights for CROs and Risk Professionals 🚀 In our latest video, we sit down with Tanushree Dabral, CEO, and Alex Ngo, Chief of Staff at PX Partners, specialists in Risk, Governance, and Compliance within Financial Services, to delve into the critical topic of uncovering hidden risks and opportunities related to CPS 230 compliance. PX Partners offers valuable perspectives on: 🔍 Challenges in Identifying Hidden Risks: Understanding your end-to-end business operations and the necessary cultural shift from siloed approaches to a comprehensive view of organisational risks. 🔧 Industry Approaches to CPS 230: What’s working, what isn’t, and the importance of pilot programs, testing, and embedding external support into local teams. 🛠️ End-to-End Process Understanding: Key steps in identifying critical operations, applying consistent methodologies, and ensuring sustainable process modelling. 🌐 Downstream Implications: How CPS 230 affects not just APRA-regulated firms but also MSPs and the broader financial services sector. 📊 APRA's Role During Implementation: Their approach to monitoring and ensuring firms meet the new standards through a “show me, don’t tell me” strategy. 👥 Risk Culture and Psychological Safety: The importance of fostering a culture where teams feel safe to speak up, as highlighted by research from Amy Edmondson. Join us as we explore these crucial topics with PX Partners and gain actionable insights to navigate the complexities of CPS 230. Don't miss this opportunity to prepare your firm for the new regulatory landscape. #RiskManagement #Governance #CPS230 #APRA #RiskCulture #PsychologicalSafety #PXPartners #RiskProfessionals #CRO #FinancialServices 🎥Watch the full video here: https://lnkd.in/gXFz9mnh

If you are involved in CPS 230, I highly recommend watching this interview with Tanushree Dabral and Alex Ngo who are advising multiple companies around CPS 230. Here we explore the hidden risks and opportunities through this journey.

By understanding your industry, unique needs and goals, we can help your organization better match risk and capital. https://ow.ly/rh3a50Srh4x With a deep and broad understanding of risk we provide actionable insights and market-leading solutions. #RiskMitigation #ASmarterWayToRisk #RiskManagement #RiskTech #WTWPerspective