Listen "E4 Growth of FinTech"
Episode Synopsis
It’s time to get techie on the Aquest Podcast and who better to guide us through the intersection of technology and financial services than Dáire Lawlor, MD at tech advisory firm Interwoven.
We chart the growing use and integration of technology in financial services firms from the early 2000s (when tech integration was patchy at best) through the global financial crisis in 2008 (which brought a deluge of new reporting and compliance obligations) and up to DORA (the Digital Operational Resilience Act) which comes into effect on 17 Jan 2025.
It’s a lot of ground to cover but it does help explain how we’ve arrived at DORA and what DORA is intended to achieve. We also chat about the types of challenges firms are facing when implementing DORA - particularly from a critical third-party service provider perspective.
We conclude by considering the board’s role in governance and oversight of the use of ICT and the associated risks.
Many thanks to Daire for sharing his insights on this episode. Enjoy!
We chart the growing use and integration of technology in financial services firms from the early 2000s (when tech integration was patchy at best) through the global financial crisis in 2008 (which brought a deluge of new reporting and compliance obligations) and up to DORA (the Digital Operational Resilience Act) which comes into effect on 17 Jan 2025.
It’s a lot of ground to cover but it does help explain how we’ve arrived at DORA and what DORA is intended to achieve. We also chat about the types of challenges firms are facing when implementing DORA - particularly from a critical third-party service provider perspective.
We conclude by considering the board’s role in governance and oversight of the use of ICT and the associated risks.
Many thanks to Daire for sharing his insights on this episode. Enjoy!
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