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Novatus Global

Advisory Services

Operational Resilience:

Demonstrable operational resilience is an imperative for financial institutions.

By March 2025, every firm subject to UK PRA and FCA joint legislation must be ready to demonstrate or face hefty fines. Yet many financial firms have yet to act to meet mandatory operational resilience obligations.

Diagnose

Holistic gap analysis of all business entities to identify areas of weakness

Implement

Necessary compliant frameworks including DORA

Reporting

Create processes and workflows to maintain operational resilience

Future Proof

Establish optimal operating models and the processes to maintain a robust OR framework

Operational Resilience Programmes

Experience led, technology-enabled

Comprehensive Operational Resilience and Digital Operational Resilience (DORA) programmes support new compliance requirements.

Our regulatory and industry experts provide practical guidance on OR programmes. A range of managed service options support ongoing requirements.

Operational Resilience Services

Regulatory Expertise

Market leaders in this field, our specialists work with clients across all industry sectors and contribute to industry bodies to ensure a holistic market view and understanding of operational resilience.

Guide to Operational Resilience

By March 2025, all firms subject to regulation need to be able to demonstrate “full operational resilience” to regulators.

Benefit from our technical knowledge and practical expertise to meet new compliance obligations. Work with experts in front office risk, operational resilience, business continuity and cyber security with a track record in implementing tailored regulatory change programmes.

Read our Guide on how to prepare for the 2025 deadline.

Our Approach to Digital Operational Resilience

The Digital Operational Resilience Act (DORA) comes into effect from January 2025, and imposes new compliance requirements on financial institutions around cybersecurity and third party dependencies.

To support clients through this major change, we have invested significantly in hiring talent and developing proprietary technology solutions that ensure the most comprehensive assessment of all entities, aligned with your own timelines, and with full entity traceability.

Find out more here.

Recent Examples of Work

Our team guided the client through all the necessary implementation requirements and internal policy changes ahead of the initial March 2022 deadline.

We worked with the client to assess and identify the needed frameworks to achieve Operational Resilience.

The Novatus team provided SME input to all the stages of the Operational Resilience Programme. Guiding the client through ensured outcomes that were compliant and proportional to the business and its peers.

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