Grow your IT Wisdom for solid Business Decisions

Proactive Compliance with FIT4DORA

Proactive compliance: How the FIT4DORA team can protect you as a financial organisation from fines.

In a recent incident, BaFin imposed a fine of 50,000€ on Deutsche Bank AG because it had not only reported an IT security incident in its payment services to BaFin late, but also incompletely (Source).

This emphasises the importance of transparent communication and adequate response mechanisms in the event of security-relevant incidents, such as those currently being introduced by law in the financial sector with DORA.

KnowledgeRiver, VIVACIS and Luther support you with the FIT4DORA program to effectively master such challenges.

With a high level of technical and industry expertise in the areas of IT technology, processes and law, the FIT4DORA team offers an integrated solution that not only ensures compliance with regulatory requirements, but also eliminates the risk of fines and strengthens stakeholder confidence.

KnowledgeRiver | Grow Your IT Wisdom for solid Business Decisions

www.knowledgeriver.com

Further Blog Posts

Control your IT Usage

Example

Which technologies and capacities are needed for the implementation of a virtual sales tool?

Our service

Based on the information collected by our Data Control Platform, we jointly develop a target structure, taking into account performance, efficiency and operating expenses. For this purpose we evaluate service offerings as well as technologies.
We are happy to accompany the project during its realization.

More on this topic…

Increase your IT Services Quality

Example

Due to a company takeover, IT systems have to be consolidated and new users have to be integrated.

Our Service

With the IT services information we collect, we can directly estimate how many users can be integrated or which enhancements are necessary.

On request, we support you in implementing the necessary adjustments and check the results.

More on this topic…

Understand your IT Costs

Example

As part of a cloud strategy a company needs assistance to decide which IT services can be optimized through cloud usage.

Our Service

With our methodology we continuously collect your IT services data regarding IT usage, compliance/legal requirements (for applications & data).
Based on your requirements and IT service options we develop migration concepts for the IT services.

Upon request, we assist with the migration. If required, we support the implementation.

More on this topic…

Optimize your IT Investments

Example

Sales representatives regularly report critical application issues.

Our Service

We analyze your IT services, identify dependencies on infrastructure and application layers. Based on this, we create optimization concepts with concrete instructions for action.

If required, we provide support during implementation.

More on this topic…

Live your IT Strategy

Example

A real estate asset management company wants to offer virtual tour of buildings.

Our Service

We evaluate with you the necessary IT capacities, technologies and costs (including operation) for a cost/benefit analysis.

We are happy to accompany the project during its realization.

More on this topic…