London, UK, Tuesday 12th November 2024
Thomas Murray, a leading provider of risk management solutions for the financial services industry, today announced a strategic partnership with askblue, a cutting-edge provider of digital operational resilience solutions.
The partnership aims to help financial institutions comply with the European Union's Digital Operational Resilience Act (DORA), which sets out to ensure that all financial entities have robust and effective digital operational resilience measures in place. The regulation requires firms to implement adequate ICT risk management, incident response, and digital operational resilience testing.
Through this collaboration, Thomas Murray and askblue will offer a comprehensive suite of services designed to support financial institutions in meeting the requirements outlined in DORA. The partnership combines Thomas Murray's expertise in risk management and regulatory compliance with askblue's innovative solutions for digital operational resilience.
Ioan Peters, Managing Director of Cyber Risk at Thomas Murray, said "Our Partnership with askblue is a recognition of the importance that our joint client bases put on robust security and adherence to regulatory compliance, e.g DORA; all supported by the solid digital and technical foundations. Our client’s technology investment is a commitment to not only addressing the challenges of today, but ensuring the ongoing longevity and prosperity of their businesses. In short, partnering with an organisation committed to supporting digital transformations allows us to bring the best of our joint services to our clients."
askblue's CEO, Pedro Nicolau, added: "With the DORA regulatory deadline approaching, we understand the urgency of many market players, not least because there are risks to their operation and reputation. The partnership between askblue and Thomas Murray, which has worked with some of the world's most prestigious banks since 1994, will enable financial organisations to be prepared for this new cycle. What are we going to do? Provide solutions for conducting a DORA compliance review and developing incident response plans, as well as implementing state-of-the-art systems.”
The partnership will provide financial institutions with access to:
- DORA compliance planning
- Development of tailored ICT and ICT third party risk management frameworks and policies
- Risk assessment and third party assessments
- Implementation of incident response plans and procedures
- Conducting regular digital operational resilience testing and training exercises
- Managing process and operational changes due to DORA seamlessly
For more information about the partnership and how Thomas Murray and askblue can support your organisation in meeting DORA requirements, please email dora@thomasmurray.com.
About Thomas Murray
Thomas Murray is a leading provider of risk management solutions for the financial services industry. With expertise spanning regulatory compliance, risk management, and internal audit, Thomas Murray helps clients navigate complex regulatory landscapes and build robust risk management frameworks.
About askblue
askblue is a Portuguese consulting company focused on project development in various sectors, including finance and insurance, with strong expertise in information technology. Operating in the market since 2013, the company offers a broad range of services grounded in the following core pillars: Business Consulting, System Implementation (custom development), Application Management (which includes application maintenance), Quality and Testing, Data and Analytics, and Outsourcing. In these areas, askblue designs and delivers solutions based on the knowledge and multidisciplinary experience of its team, providing innovative responses to the new challenges that businesses and professionals face.