Laura Antonia Ferraz’s Post

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Principal Solutions Consultant at Docusign

Regulations are nothing new to financial entities. However, the introduction of the Digital Operational Resilience Act (DORA) is set to transform how banks, insurance companies and investment firms manage third-party ICT risks. This is because the act sets out new standards for cybersecurity, incident reporting, and vendor oversight across Europe. A cornerstone of the DORA regulation states that financial organisations must regularly assess all contractual agreements and must manage third-party risk as part of their ICT third-party risk management framework. Equally, it places a strong emphasis on documentation and clear responsibility assignment across the value-chain, while regular testing and updating of frameworks is mandatory 📑 To ensure that compliance with DORA is maintained, organisations should look to deploy an AI-powered contract intelligence solution, such as Docusign Intelligent Agreement Management (IAM). The platform enables organisations to securely centralise and streamline the management of agreements with ICT service providers to meet DORA's stringent requirements for document management and third-party risk. DORA is set to come into force on 17 January 2025 📆 If you have not already done so, speak to our product experts to learn how Docusign can support you on your DORA compliance journey: https://lnkd.in/ez-Rs_Ds

Let Docusign IAM help you navigate DORA's Contract Compliance

Let Docusign IAM help you navigate DORA's Contract Compliance

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