Resilience & disaster recovery are generally seen as a business cost rather than a driver of value. Although businesses put a lot of investment into “keeping the lights on”, especially in banking, new digital technologies are seen as the drivers of value while resilience & disaster recovery are viewed as an expense rather than an…
In July the Bank of England and the Financial Conduct Authority (FCA) jointly released a discussion paper on operational resilience. The paper highlighted the risks posed by cyber attacks and other disruptive operational incidents, and the financial system’s increasing reliance on technology and data. The paper urges firms to focus on how their response to…
Disaster recovery is becoming increasingly complex in the face of new challenges and threats, including terror threats, data breaches, supply chain risk, extreme weather events and political factors such as Brexit. There are internal factors influencing this, too. Organisations are becoming increasingly vulnerable to change and uncertainty as they become more complex, virtual and interdependent,…
Until negotiations have been finalised, we can’t know the degree to which Brexit will affect the IT sector within the UK’s financial services industry. However, organisations are already preparing for the potential scenarios that could arise and, in the face of uncertainty, are planning for every eventuality. Many businesses will follow through with their Brexit…
In the age of DevOps, Agile and continuous integration, major outages should be a thing of the past. If everything is automated and continually delivering, how can anything go catastrophically wrong? The truth is that most major organisations are nowhere near this DevOps utopia and still carry out major upgrades and migrations which heavily rely…
Cutover CEO Ky Nichol spoke to Andrew Elphick, Director of Open Innovation Internal Programmes at Barclays, on Rise Radio. They discussed a number of topics, including: The best productivity apps The Barclays Techstars accelerator Creating an enterprise application that people wanted to use The founding of Cutover and developing an initial prototype into an enterprise-ready…
We collaborate with subject matter experts to refine our offering for key use cases. Mark is a specialist in the resilience sector who provides guidance on how Cutover Enterprise can best be used for Enterprise Resilience Management. Name: Mark Heywood Role: Resilience sector specialist Can you give some background on your previous roles? I’ve run risk…
Transformation programmes represent significant investment for enterprises and the cost of failure is extremely high. Business transformations set out to achieve critical benefits such as meeting regulatory requirements, mitigating risks or gaining competitive advantage. If a technical implementation fails, the realisation of these benefits is delayed or lost. The transition into live operations is often…
The recent massive British Airways data centre outage highlights just how damaging data centre issues can be. Data centre managers are constantly replacing ageing infrastructure systems and components in order to avoid failures and downtime. However, most data centre outages aren’t actually caused by tech failure, but by issues with people and processes. In the…
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