Now, Next & Beyond: Fortifying Operational Resilience with CEM
Disruption occurs when a critical event unfolds, and critical events occur all the timeGovernments, central banks and regulators are increasingly active in specifying what financial services firms must instigate to ensure they are operationally resilient. In some countries, such as the UK, the central bank and regulator require financial services firms to ‘prove’ they are operationally resilient by March 2022. The European Banking Authority has highlighted operational resilience in the financial sector as one of its six strategic areas for 2021.
Report Snap Shot
Critical events negatively impact:
- Your people (employees, contractors, visitors, customers, local population)
- Your physical assets (land, buildings, data centres, IT systems, providers’ facilities)
- Your business operations, your digital applications, your supply chain routes and operations
- Your brand and the value of your company’s stock