Digital Operational Resilience Act Compliance (DORA)

Stay Ahead of the Curve: Expert DORA Compliance Solutions from Contact Advisory Services Ltd.

The digital landscape is reshaping the financial world, and with it, the regulatory landscape. The Digital Operational Resilience Act (DORA) marks a significant shift in regulatory focus, emphasizing the need for robust cybersecurity and operational resilience within the European financial sector. At Contact Advisory Services Ltd. (CAS Ltd.), we’re your trusted partner in DORA compliance, helping you embrace change, navigate complexity, and build a future-proof business.

Beyond Awareness: Mastering DORA Compliance:

DORA sets forth comprehensive regulations targeting information and communication technology (ICT) risk management, incident reporting, digital operational resilience testing, third-party risk management, and information sharing. Failure to comply could result in:

• Heavy fines and reputational damage
• Operational disruptions and service outages
• Loss of market access and competitive disadvantage

Your DORA Compliance Partner:

Our team of seasoned specialists boasts in-depth understanding of DORA’s intricate requirements and their implications across diverse financial institutions. We offer:

• Comprehensive DORA Compliance Assessments: We meticulously evaluate your current ICT practices against DORA’s regulations, identifying gaps and potential vulnerabilities.
• Tailored DORA Implementation Plans: We develop actionable roadmaps designed to address your specific needs and ensure smooth, timely compliance with DORA’s mandates.
• Continuous Monitoring & Support: We remain by your side, providing ongoing monitoring of regulatory changes, proactive guidance, and ongoing support throughout your DORA journey.
• Effective Training & Awareness: We equip your team with the knowledge and skills they need to understand their roles and responsibilities in upholding DORA compliance.

Industry-Specific Expertise:

Whether you’re a bank, insurance company, investment firm, or critical third-party provider, we understand the unique challenges and implications of DORA within your specific industry. We cater to:

• Financial Institutions: Implement robust ICT risk management frameworks, incident reporting procedures, and resilience testing protocols as outlined by DORA.
• Technology & Data Service Providers: Ensure your services meet rigorous DORA standards for security,operational resilience, and third-party risk management.
• Critical Third-Party Providers: Understand your obligations under DORA and implement measures to safeguard your services and ensure their smooth integration with financial institutions’ compliance efforts.

The CAS Ltd. Difference:

• Proactive & Forward-Thinking Approach: We go beyond just meeting compliance requirements. We help you leverage DORA as an opportunity to strengthen your operational resilience and build a competitive advantage in the digital age.
• Transparent & Collaborative Approach: We believe in open communication and keep you informed and involved throughout the entire process, fostering trust and a productive partnership.
• Cost-Effective & Scalable Solutions: We tailor our services to your budget and business needs, ensuring cost-efficiency and value for your investment.
• Proven Track Record: We have a successful history of helping businesses navigate complex regulatory changes and achieve compliance with confidence.

Get in touch with Contact Advisory Services Ltd. today and embark on a journey towards seamless DORA compliance. Let us guide you through the complexities of the new regulations, empowering you to adapt, thrive, and secure your future in the evolving digital landscape.