Resilience
Invite us to your cyber war games, Finra urges members
Regulators and broker-dealers would both benefit if watchdogs had a seat at the table during these exercises, says a Finra senior exec.
NY Fed Home Loans Bank spurns multi-cloud model
The cost and complexity of diversifying away from the big three providers outweighs concentration risks.
Waters Wavelength Ep. 319: Bloomberg IB chat and operational resiliency
Tony and Shen discuss Bloomberg’s addition to IB chat, common threads in our Voice of the CTO series, and op resiliency.
EU banks want the cloud closer to home amid tariff wars
Fears over US executive orders have prompted new approaches to critical third-party risk management.
Europe is counting its vendors—and souring on US tech
Under DORA, every financial company with business in the EU must report use of their critical vendors. Deadlines vary, but the message doesn’t: The EU is taking stock of technology dependencies, especially upon US providers.
DORA stalls over identifier dispute
A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.
Strategies for global operational resilience: Adapting to Dora and incoming regulatory requirements
A webinar exploring best practices for enhancing operational resilience within financial institutions
Balancing digital innovations with operational resilience
Many banks and financial services firms are pushing forward with digital innovation projects, seeking efficiencies and competitive advantage. But how can firms embed operational resilience as part of their transformation journey?
Waters Wavelength Podcast: Standard Chartered’s Brian O’Neill
Brian O’Neill from Standard Chartered joins the podcast to discuss cloud strategy, costs, and resiliency.
Industry associations say ECB cloud guidelines clash with EU’s Dora
Responses from industry participants on the European Central Bank’s guidelines are expected in the coming weeks.
Deciphering Dora and developing operational resilience
This webinar explores how firms can develop the necessary operational resilience to maintain the integrity of their services in the event of operational disruption
Big questions remain over Dora’s critical third parties
Industry looks for clarity on critical third parties ahead of July 17 regulatory technical standards for the EU’s Digital Operational Resilience Act.
Dora technical standards shoot for break in the clouds
One goal of the EU’s latest ICT risk act is to mitigate cloud concentration. Some experts say it may make it worse.
Operational resilience using the cloud
This webinar focuses on the business and operational benefits to firms on the back of their cloud strategies, across an industry that is often unforgiving to those not able to guarantee 100% uptime, operational robustness and competitiveness
Citi’s internal cloud project gets open-sourced
Through Finos, a project that started internally to help Citi get a better handle on its cloud controls now includes the likes of Goldman Sachs, Morgan Stanley, RBC, BMO and LSEG.
The IMD Wrap: Are server life extensions putting profits before performance?
Cloud providers are having to make more hardware available to keep pace with takeup—including older machines that under previous policies would have been retired already. But the move is proving profitable … and risky.
Dora ‘critical tech vendor’ designation could cast a wide net
Experts think cloud services, data providers and software firms are all in regulators’ sights.
Hacked off: banks demand answers after Ion cyber attack
Clients have been left in the dark about the ransomware attack that disrupted futures trading last month.
Ion cyber outage continues as banks rely on workarounds
ABN Amro, Macquarie, RBC among firms hit; ransom deadline tomorrow, but service may be down for days
Operational resilience and security drive DTCC’s agenda
As capital markets firms continue their digitization drive and look to the cloud for increasingly large swaths of their technology and data needs, they also inadvertently expose themselves to a range of operational risks.
Adaptive pushes low-latency open-source messaging
The London-based consultancy is looking to engage firms and exchanges on its Aeron messaging technology, which it acquired earlier this year.