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Mastering compliance with global IT outsourcing regulations in the Finance Sector
Mastering compliance with global IT outsourcing regulations in the Finance Sector

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Webinar playback: Mastering compliance with global IT outsourcing regulations in the Finance Sector

In 2018, the UK’s Financial Conduct Authority (FCA) reported that third-party failure was the second most common cause for technology outages in the financial services sector in 2018 (1), highlighting the importance of firms taking a proactive approach to compliance and ensuring that they have sufficient resilience in place should a third-party go out of business or become unable to fulfil the services agreed.

In a recent webinar, Tim Rawlins, Director and Senior Adviser at NCC Group, gave some best practice advice to support you in achieving compliance with the latest global regulations around third-party risk management so that you can partner with third-party fintech providers with confidence.

What we cover:

  • Regulation around IT Outsourcing in the finance sector and the consequences of third-party failure.
  • The key areas governed by global regulators such as the FCA, PRA, FFIEC and how to assess the suitability of third-parties.
  • Best practice advice to minimise the impact of an interruption of outsourced services and how to master regulatory compliance.

Listen back here now

(1) https://www.fca.org.uk/publication/research/technology-cyber-resilience-questionnaire-cross-sector-report.pdf

Subjects


About NCC Group

NCC Group exists to make the world safer and more secure.

As global experts in cyber security and risk mitigation, NCC Group is trusted by over 15,000 clients worldwide to protect their most critical assets from the ever-changing threat landscape.

With the company’s knowledge, experience and global footprint, it is best placed to help businesses identify, assess, mitigate and respond to the evolving cyber risks they face.

To support its mission, NCC Group continually invests in research and innovation, and is passionate about developing the next generation of cyber scientists.

With over 1,800 colleagues in 12 countries, NCC Group has a significant market presence in North America, continental Europe and the UK, and a rapidly growing footprint in Asia Pacific with offices in Australia and Singapore.

Press contacts

NCC Group Press Office

NCC Group Press Office

Press contact +44 7824 412 405

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