Regulators on the Move

A thought leadership event from Continuity Logic

Background

Business continuity is stepping up a gear. In July 2018 the UK financial services regulators (the Bank of England, the Prudential Regulation Authority and the Financial Conduct Authority) published a discussion paper on operational resilience. It looked innocuous but its content was certainly not. And if its tenets are carried through then the consequences will be felt by all practitioners—across all sectors and maybe all geographies—as they seek to deliver on the requirements.

The paper is titled ‘Building the UK financial sector’s operational resilience’ and at the time of its publication it caused something of a stir. But over the intervening months, as the dust has settled, careful thinking and analysis has prevailed and we believe that the time is now right to properly explore the paper’s implications for resilience, compliance and risk professionals.

We’ve therefore assembled four acknowledged thought leaders to brief you.

Jan Putnis, Partner and Head of Slaughter and May’s Financial Regulation Group, will take a broad perspective. He will explain the regulatory and legal landscape surrounding the discussion paper, outline its key contents, look at the history of previous initiatives and indicate where he believes this will lead.

Andrew Husband, Partner and Head of Operational Resilience at KPMG UK, will then look through the prism that Jan has provided and outline what he believes individual organisations need to do in order to deliver. Some of the proposed changes are radical and you need to know how to position them both in your own mind and for the senior leaders that you brief.

Karen Azzopardi, Head of Resilience Governance & Engineering at Barclays, will explain how Barclays designed and globally implemented its own new resilience programme. This programme is aligned to the business services model as outlined in the discussion paper and Karen will be sharing key experiences from this alignment process. It is Karen’s real life case study and direct experience that will fully illuminate the discussions from Jan and Andrew.

Rachael Elliott, Head of Thought Leadership, Business Continuity Institute, will offer feedback on the discussion paper from the perspective of the BCI and its membership. She will place this within the context of the BCI’s 2019 Horizon Scan report which is due for publication in February.

Finally, please be clear. This event is not just for those operating within financial services. It is designed for all resilience leaders who wish to keep abreast of leading edge thinking and make sense of what this will mean for their own future strategies. Whether you operate within a bank or a car manufacturer, an insurer or a public sector body, this will be important to you either now or in the future.

Where & When

The main event runs from 10:00am to 12:30pm on Tuesday 5 March, 2019. The venue is:

Floor 24
The Shard
London Bridge Street
London
SE1 9SG

Full details and directions will be sent out on registration.

PLEASE NOTE: due to unprecedented interest all seventy places for this event are now taken. But please continue to register your details if you wish to be offered a place should one become free – some cancellations are inevitable. You will also be given the option to receive copies of speakers’ materials after the event.
Karen AzzopardiKaren Azzopardi
Head of Resilience Governance & Engineering | Barclays
Karen is responsible for processes and technologies which support resilience at Barclays. Since 2015 she has been central to the implementation of the bank’s newly developed ‘front-to-back’ process methodology, which focuses on the end-to-end resilience of the ‘journeys’ taken by customers when they engage with Barclays rather than solely on the recovery of individual departments. Prior to joining Barclays, Karen held various roles in business continuity and associated professional services at HSBC and Daisy Group.
Jan PutnisJan Putnis
Partner & Head of Financial Regulation Group | Slaughter and May
Jan focuses on matters of strategic importance to financial institutions, and his work includes extensive advice on structural reform, resolution planning, regulatory capital and other prudential matters. Much of his focus is on presenting complex issues in a fundamentally straightforward way, facilitating the understanding of clients and regulators of legal challenges, transactions, business models and structures.
Andrew HusbandAndrew Husband
Partner & Head of Operational Resilience | KPMG UK
Andrew is a partner in KPMG’s financial services practice and focuses on supporting banking clients in structuring and delivering their most complex operational change initiatives. He has led and advised on many large-scale operational transformational programmes and leads KPMG’s multi-disciplinary Operational Resilience team in supporting his clients as they develop enterprise-wide resilience.
Rachael ElliottRachael Elliott
Head of Thought Leadership | The Business Continuity Institute
Rachael leads the Business Continuity Institute’s Thought Leadership team in developing a programme showcasing world class research in the practice of business continuity and resilience. She has twenty years’ experience leading research within organisations including HSBC, BDO LLP, and CBRE. Her research has been used in Parliament to help develop government industrial strategy and the BDO High Street Sales Tracker, which Rachael was instrumental in developing, is still the UK’s primary barometer for tracking high street sales performance.
Start Time Item Description
9:20am Registration and Coffee
10:00am Jan Putnis, Slaughter and May
The regulatory and legal landscape surrounding resilience. What are the precedents and where is this leading.
10:30am Andrew Husband, KPMG UK
What does the discussion paper mean for your organisation. A framework within which to implement the Bank of England proposals.
11:00am Rachael Elliott, The BCI
Positioning the implications of the discussion paper within the BCI’s own thinking and its 2019 Horizon Scan report.
11:30am Karen Azzopardi, Barclays
How Barclays has delivered on the theory. A practical case study of delivering a business service-aligned resilience programme.
12:00pm Panel session – question the speakers
12:30pm END OF EVENT
About Continuity Logic
Continuity Logic has been at the forefront of business continuity management (BCM) software since 2006. The company’s software is deployed with some of the world’s largest corporations and leading brands, supporting often highly sophisticated requirements. It is also deployed with a wide range of mid-sized organisations who want a more immediate ‘out-of-the-box’ solution for their needs. Both see our software as a way to future-proof their investment of both time and money through delivering not only capability for today’s requirements but also for tomorrow’s possibilities.
There are three central capabilities that we seek to fulfil with our solution. These capabilities act as an important starting point for understanding the power that our software may have to offer your own organisation and your role within it.
Data-Driven and Document-Driven BCM
An effective business continuity program gathers and has access to a trove of corporate data, all of which taken together has the potential to offer an array of insights into risk and operational management. Leading practitioners have started to embrace this and, by delivering on the potential of this data-driven approach, have accelerated their value to their organisations. Continuity Logic provides a core structure and the analytical tools with which to maximise this capability. On-demand reports, drill down dashboards, geo-data and what-if analysis all contribute to an unrivalled ability to deliver value to the business.
Total Engagement Across the Organisation
Most BCM solutions have failed to deliver on this and end up as a centralised repository used by a select few. Continuity Logic addresses this through two primary mechanisms. First, we have implemented our GuideMe approach which literally takes the user step-by-step through the items they need to complete. Second, we provide a level of customisability (see Customisation on Demand) which means that every aspect of the solution can reflect your own organisation’s processes where required. So the solution looks familiar while fitting with the business flow and structures of even the most complex organisations. This provides an unmatched level of usability with which to deliver a step change around resilience.
Power Out-of-the-Box with Customisation on Demand
Clients who want a quick return on investment tend to start with one of our out-of-the-box templates. These provide different approaches to a BCM program and allow the user to select that which most closely matches their needs. But the key is that these clients are not then constrained by their initial decisions. As they learn over time and wish to add further data items, or maybe adjust the plan layout, the process is simple. On the other hand, users who have precise and exacting requirements are equally well catered for. These are typically larger, more complex organisations that have learned over time, and often extensive experience, that one specific BCM program structure is essential for their success. Continuity Logic can deliver exactly what they want and, as importantly, without any software code amendments or additions.

Further Information

If you have any further questions about this event please contact Paul Gant on paul.gant@continuitylogic.com or +44 (0)20 7770 6522