Learn More about Operational Resilience

Roundtable writeup: Does the forthcoming operational resilience regulation provide opportunities to learn from other industries and drive innovation?

FACE NEW CHALLENGES

Make your technology a differentiator and minimize disruption of important businesses services.

Globally, financial institutions are challenged with increased disruption of important business services. Led by the Bank of England (BoE), Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA), globally, regulators in multiple jurisdictions want financial institutions to strengthen operational resilience. They have asked firms to make a ‘step change’ and recommend the following process: 

To address the challenges and step change required by the regulators, firms need to put in place stronger operational resilience capabilities with a continuous review of processes and procedures. This way, they can deliver business service continuity more effectively and efficiently to better protect customers.

ADOPT THE STRATEGY

Dassault Systèmes’ 3DEXPERIENCE platform has brought its engineering approach, best practices and technology, used as standard in manufacturing and aerospace, to financial services to strengthen operational resilience. It helps drive operational excellence and innovation and links all key components of important business services – people, property, suppliers and technology, enabling all stakeholders to collaborate effectively across the business. The use of virtual twins enables frequent tolerance testing, swift assessment and response. And communication become business as usual to strengthen operational resilience.

 

Our 3DEXPERIENCE platform seamlessly integrates customers’ proprietary, deployed operational risk tools and connects end-to-end, our range of modular and sophisticated operational resilience capabilities which allow you to:  

  • Source and synthesize multiple data sources at scale to create the consistency needed for analysis across multiple domains;
  • Assess the impact of change: Map, connect, detect and predict. Mitigate failure before incidents arise;
  • Visualize real-world scenarios: Experience virtual simulations and stress test for severe but plausible scenarios;
  • Strengthen strategic decision making: Collaborate, project manage change and gain visibility via real-time user defined dashboards;
  • Enhance operational resilience capabilities: Use the 3DEXPERIENCE platform within your existing operational risk, business continuity and disaster recovery framework.

 

Strengthen Operational Resilience with the 3DEXPERIENCE® Platform

Leverage Dassault Systèmes' engineering heritage and best practices to enhance your operational resilience needs in a secure environment.

Applying best practices from Manufacturing in Financial Services

A leading UK high street bank is learning from the manufacturing industry to prevent operational disruptions to important business services and better protect customers. To find out more read the article

Watch the video : a case for using virtual twins to strengthen operational resilience

Duration 3 minutes 20

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