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The Covid-19 pandemic increased focus on the need for organizations to build resilience and ensure their ability to respond to and recover from operational disruptions. In the UK, resilience rules for the financial sector were already proposed by the Financial Conduct Authority prior to the pandemic, and these are now set to take effect on March 31st. Many organizations that are not legally required to follow these new mandates are, nonetheless, following them (at least in part) to build resilience and ensure they can continue to deliver products and services even when faced with unexpected and severe disruption. The current geo-political disruption caused by the invasion of Ukraine is one such event that may be driving more focus on resilience.
Fusion and OCEG recently ran a short poll asking if there has been any change in your efforts to converge operational risk management and business continuity for better operational resilience as a consequence of the regulations and ongoing pandemic, geo-political disruption, economic shifts, etc.
Join us for this discussion in which we will review the results of the polls and dive into what it means to combine operational risk and business continuity activities.
Paula Fontana, VP Product Marketing, FusionAdditional Information:
Featured in: Operational Resilience
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