Challenges
A prominent European bank operating in the highly competitive financial sector faced the strategic challenge of ensuring compliance with the new EU Digital Operational Resilience Act (DORA)
The goal of DORA is to ensure a high level of digital operational resilience in the financial sector by standardizing the approach to managing operational risk, cybersecurity, and business continuity.
The implementation required the involvement of an experienced specialist – someone with a solid understanding of regulatory requirements and the ability to effectively implement solutions to ensure compliance.
Solution
To meet the client’s expectations, ITDS quickly onboarded a highly qualified IT expert with experience in regulatory frameworks and IT risk management.
Key actions included:
- Rapid resource allocation: Recruitment and onboarding of an expert with relevant skills in DORA, IT governance, and compliance.
- Regulatory support: The ITDS consultant actively participated in risk analysis, policy reviews, and the development of DORA-compliant processes.
- Collaboration with the client’s team: Close cooperation with the compliance, IT, and risk management departments to ensure the organization was comprehensively prepared for the upcoming changes.
Results
- Fast adaptation: From day one, the ITDS consultant supported key areas of the project, contributing to a smooth launch of preparatory activities.
- Strengthened operational resilience: The project enabled the client not only to achieve compliance with DORA but also to meaningfully increase operational stability and cybersecurity.
- Trust and partnership: Thanks to seamless collaboration and expert-level support, ITDS strengthened its position as a trusted technology partner to the financial sector.
Why ITDS?
- Regulatory expertise: ITDS closely monitors and supports the implementation of major legislative changes in the financial sector, including DORA, PSD2, MiFID, and AML. Our deep regulatory knowledge ensures clients remain compliant and ahead of evolving requirements.
- Access to top talent: With a broad network of experienced consultants, ITDS rapidly identifies and deploys the right expertise to meet each client’s specific project needs.
- Proactive partnership: At ITDS, we do more than respond to market demands — we work alongside our clients to co-create a future that is resilient to digital risks and regulatory change.
This project is yet another testament to the effectiveness of ITDS’s delivery model – providing highly specialized experts for strategic, time-critical initiatives.
With our support, the client secured a competitive advantage in implementing DORA requirements, while laying a solid foundation for long-term digital operational resilience.