Why increasing regulatoryism requires more digitization and AI – Diepresse.com
New or changed legal regulations are increasingly presenting companies with organizational and technical challenges. A current example is the Digital Operational Resilience Act (Dora), which specifically affects the financial sector. What are the challenges of the financial sector to master when implementing the EU introductions? And how can digitization and artificial intelligence provide more efficiency in this process?
« /> All pictures / Roland Rudolph
»The Austrian financial market is small. The principle of proportionality is all the more important. The FMA takes this seriously in supervision. »
Ulrike Rhomberg
Security supervision, focus on risk management and IT risk, (Dora, Micar), FMA
»More specifications of how to build an information register would be desirable. There is a lack of precise details in order to be able to clearly define expectations. »
Stefan Röder
Governance expert for Outsourcing/Dora and IT risk management in the financial sector
»The fact is that, according to the current state of affairs, one can only say from a few financial companies that they are already 100 percent of Dora compliant. »
Katrin Repic
Lawyer, Dorda Rechtsanwälte GmbH
»The key to the maximum benefit of the AI lies in its targeted use: where it delivers precisely results and enables significant efficiency gains. »
Robin Schmeisser
Managing Director, Fabasoft Contracts GmbH
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