Corporater Operational Resilience software solution’s out-of-the-box functionality allows firms to prepare, detect, respond, recover and adapt to disruptions to important business services.
The FCA and PRAs Building Operational Resilience Policy Statement 21/3 underlined the need for firms to:
- Identify important business services and determine appropriate impact tolerances.
- Identify and document the necessary people, processes, technology, facilities, and resources required to deliver the important business services.
- Use scenarios and learning to determine if services are resilient against defined impact tolerances.
From the outset, we made a critical decision to create a solution with the FCA/PRA’s policy statement at its heart, instead of repurposing our existing risk management and business continuity solutions. Watch this short demo video to see Corporater purpose-built Operational Resilience solution in action.