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James Whybrow

James Whybrow Head of Financial Services and Insurance at Software AG

One year to go on DORA! Why financial services should get ready now

It’s one year down and one to go for European financial organisations to get their houses in order. These institutions will have until January 2025 to ensure their compliance with the Digital Operational Resilience Act (DORA), demonstrating full visibility into their operations and how they ensure resiliency. DORA will be the latest addition to nu...

/security /regulation Banking Strategy, Digital and Transformation

James Whybrow

James Whybrow Head of Financial Services and Insurance at Software AG

The new wave of cost-of-living challenges is here for banks – the time to adapt is now

The cost-of-living crisis isn’t just affecting customers – it is having a massive impact on financial services. Typically, banks are accustomed to navigating disruption and managing risk. Yet, the new wave of challenges sparked by economic permacrisis is forcing banks to adapt their internal processes at speed to keep up with evolving customer dem...

/retail /inclusion Data Management 101

James Whybrow

James Whybrow Head of Financial Services and Insurance at Software AG

To achieve operational resilience, banks must embrace back-office innovation

In March 2022, the Prudential Regulation Authority’s (PRA) Operational Resiliency Rules came into force. The rules, which impact UK banks, building societies, and financial services firms, mandate that they embed resilience within their operations. Organisations are instructed to adapt systems and processes to ensure they have service continuity i...

/regulation /retail Operational Risk Management