Categories
Latest Posts
Instagram
Instagram

Operational continuity’, in the context of the resolution framework, refers to the ability of a financial institution to maintain critical functions and services during a period of financial distress or resolution. It involves ensuring that essential operations, such as payments processing, customer service, and risk management, continue without significant interruption, even in the event of a resolution or restructuring.

Operational continuity planning is a key component of resolution planning for financial institutions. It involves identifying critical functions, assessing dependencies and vulnerabilities, and implementing measures to mitigate risks and ensure continuity of operations in various stress scenarios, including resolution. 

Open and Closed resolutions are therefore key to this process.

Open and closed resolutions are efined as follows:

1.⁠ ⁠Open resolution: In an open resolution, the failing bank continues to operate, and its critical functions and services are maintained throughout the resolution process. This typically involves the transfer of some or all of the bank’s assets and liabilities to a bridge institution or a purchaser, allowing for the continuation of essential operations. Open resolution aims to minimize disruption to customers, counterparties, and the broader financial system while facilitating the orderly wind-down or restructuring of the failing institution.

2.⁠ ⁠Closed resolution: In a closed resolution, the failing bank ceases to operate, and its assets and liabilities are transferred to a government-controlled entity, often referred to as a resolution or liquidation authority. While operational continuity may not be a primary concern in a closed resolution, the resolution authority may take steps to ensure the orderly wind-down of critical functions and the transfer of essential services to other providers to minimize disruption to customers and counterparties.

Overall, operational continuity is essential in both open and closed resolutions to mitigate the potential impact of a bank failure on financial stability and ensure the continued provision of critical services to customers and counterparties. Effective resolution planning involves balancing the need to maintain operational continuity with the need to resolve the failing institution in a timely and orderly manner.

w

Lorem ipsum dolor sit amet, consectetur adipiscing elit eiusmod tempor

w
Close

Carbon8’s highly experienced team in risk, finance and commercial assessments allows us to provide the right solution from concept through to due diligence, integration, planning, execution and on-going monitoring and support.

Close

Carbon8’s highly experienced team will empower and guide your executive management team to consider, develop and implement the best forward looking strategies for your business.

Close

Carbon8’s highly experienced team tailors our framework, based on the innovation curve, so that your business can ideate and efficiently funnel and qualify those concepts worth developing.

Close

Carbon8’s highly experienced team is able to deliver expert evaluations to enhance your organisation’s governance, risk management, and control processes. We provide tailored solutions to ensure compliance, improve efficiency, and strengthen overall performance.

Close

Carbon8 offers expert risk management solutions, including comprehensive frameworks to identify, assess and mitigate risks. We provide strategic guidance and tailored approaches to enhance risk resilience, ensuring your business remains secure and well-informed

Close

Carbon8 specialise in navigating complex regulatory environments, providing expert guidance on regulatory changes, and providing comprehensive regulatory compliance solutions that will ensure your business remains compliant with specific regulations e.g. POPIA/GDPR.

Close

Carbon8 provides industry (e.g. King IV) aligned solutions to enhance accountability, transparency, good performance, ensuring robust and effective governance.

Close

Carbon8 offers expert-led impact assessments to identify, assess, and mitigate risks which any internal or external environment change may present.

Close

Carbon8’s experienced team specialise in optimising finance and operational processes through the integration of robotic process automation (RPA). We analyze current workflows, identify inefficiencies, and implement RPA solutions to streamline operations, reduce manual tasks, and enhance efficiency. Our tailored approach ensures seamless integration of RPA technology, driving cost savings and improving overall performance.

Close

Carbon8’s experienced team specialise in optimising finance and operational processes through the integration of robotic process automation (RPA). We analyze current workflows, identify inefficiencies, and implement RPA solutions to streamline operations, reduce manual tasks, and enhance efficiency. Our tailored approach ensures seamless integration of RPA technology, driving cost
savings and improving overall performance.

Close

Carbon8’s highly experienced team encompass a comprehensive approach to addressing digital disruption while maintaining business continuity. We specialize in delivering solutions that balance transformation with business as usual, enabling organizations to meet exponential growth and change expectations. Our expertise includes catering to evolving customer expectations, enabling new business models, and prioritizing competing innovation initiatives. We help optimize technology investments, identify value opportunities, and overcome legacy and technology debt. With a focus on delivering diverse programs of work, we empower businesses to thrive in today’s rapidly evolving digital landscape.

Close

Carbon8’s highly experienced team encompass a comprehensive approach to addressing digital disruption while maintaining business continuity. We specialize in delivering solutions that balance transformation with business as usual, enabling organizations to meet exponential growth and change expectations. Our expertise includes catering to evolving customer expectations, enabling new business models, and prioritizing competing innovation initiatives. We help optimize technology investments, identify value opportunities, and overcome legacy and technology debt. With a focus on delivering diverse programs of work, we empower businesses to thrive in today’s rapidly evolving digital landscape.

Close

Carbon8’s highly experienced team will examine and interpret digital data and metrics to gain insights into various aspects of digital performance. Our analysis will focus on understanding your business user behavior, performance, effectiveness, and other metrics. We will then identify trends, patterns, and opportunities for optimisation and/or improvement. We use all relevant tools such as Google analytics, Watson and others where required.

Close

Carbon8’s highly experienced team provides expert analysis and visualization of your organization’s data workflows. We specialize in documenting and optimizing data processes, identifying inefficiencies, and streamlining operations to enhance productivity and effectiveness

Close

Carbon8’s highly experienced team help businesses effectively manage and understand their data assets to drive informed decision-making and maximize their potential. Carbon8 will provide practical strategies to treat data as a valuable asset. These will address the challenges posed by volume, complexity, velocity and variety of data in your business landscape. In addition, advise on the  repair of data quality issues, manage both structured and unstructured data sets, and create access to relevant data thereby unlocking hidden value.