It is important that financial entities begin to assess the impact of this regulatory change on their risk management framework and prepare to meet the requirements set out by regulation.
When companies embark on the road to compliance, they should be able to read and interpret legislation, apply it to their own ICT and Risk management strategy, identify gaps and implement the program.
Strengthen your compliance program with our team of compliance professionals.
Compliance teams need continuous support and knowledge sharing to stay on top of global regulatory initiatives. Our team will help you navigating the evolving regulatory landscape while considering the complexity of your firm’s unique compliance requirements.
Thus, we are here to help you transform your business to reshape it for the future, while sustaining operations, reducing risk, generating long-term value and maintaining trust.
Our management consulting services focus on our clients’ most critical issues and opportunities: strategy, organization, operations, technology, transformation, digital, and compliance across all geographies.
We bring deep and functional expertise, but also a holistic perspective: we capture value across boundaries and between the silos of your organization.
In 2023, MAET and Cycomrisk are combining their respective expertise to support customers with the new DORA regulation.
The Digital Operational Resilience Act is designed to improve the cybersecurity and operational resiliency of the financial services sector and has now entered into force on 16 January 2023, with a 24-month implementation period. Therefore, DORA will apply from 17 January 2025 in all EU Member States.
Thus, it is of utmost importance that the EU financial entities and their ICT partners, including third-party service providers, should start preparing now.
CYCOMRISK is a newly created company, specialized in risk management and focusing on Compliance, Cybersecurity and Operational risks. CYCOMRISK is primarily addressing clients in the financial industry, leveraging on the connections and sectorial expertise gained in the last 20 years by his founder, Frédéric Caubert.
Frederic worked for more than 20 years in the financial industry with roles in Europe and Asia. He has a strong background in Corporate Banking, Trade Finance and Payments & Cash Management. He held managerial responsibilities with sales, organizational and strategic dimensions. During the last decade, he specialized in risk and compliance, covering a wide spectrum of activities in that respect.
Passionate about technological changes and international business, he developped expertise around digitization and was graduated in Cybersecurity (Executive MBA) in 2022. He also recently focused on blockchain and crypto-assets, collaborating with members of the French ecosystem.
CYCOMRISK is a member of the French Cybersecurity Federation.