The introduction of the EU's DORA regulation has caused quite a stir in the financial sector—from increasing requirements for dealing with ICT third-party providers to stricter rules for cybersecurity and compliance. It is now clear that those who digitize processes in a smart way can turn regulatory requirements into a real competitive advantage.
In an interview with wallstreet online magazine, Robin Schmeisser, Managing Director of Fabasoft Contracts GmbH, discusses important aspects of the DORA reality six months after the implementation deadline:
- How did financial companies deal with the implementation of DORA, and what does the practical situation look like now?
- Can the information register be more than just an administrative task?
- What is needed for sustainable digital resilience?
- How can companies prepare for upcoming regulatory changes in order to keep internal processes efficient?
The answers to these and other questions can be found in the interview.