“By no later than March 2025, firms should be able to demonstrate that they can remain within impact tolerances for all their important business services (IBS)."
Aldbury International, established in 2017, are Operational Resilience consultants, brought together to pioneer and deliver a third-party solution to an increasingly complex regulatory environment.
"We worked with Robin on our policy and practices for critical incident management. His expert advice has resulted in simple and effective solutions for us for any crisis. It was a very thorough process and I am confident of our ability to respond well as a consequence."
Running scenario testing under the UK’s Operational Resilience framework is challenging. Designing severe, plausible and meaningful scenarios is not straightforward and can be a daunting prospect for firms both caught within the framework and the many more outside it who want to be seen to be doing the right thing.
When it comes to scenario testing under the UK’s Operational Resilience framework, the challenge isn’t just running a test, it’s designing one that’s truly severe, plausible, and meaningful.