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Operational Resilience Seminar W/ Odran Fanning & Jonathan Davis

The Irish MiFID Industry Association (IMIA) was delighted to host a virtual event on the 27th of February featuring guest speakers from the Central Bank of Ireland and BNY Mellon | Pershing. The event focused on the topic of Operational Resilience, which has become increasingly important in the wake of the COVID-19 pandemic.

Our first speaker was Odran Fanning from the Central Bank of Ireland. Odran is the Head of Division for Banking Supervision and was able to provide valuable insights into the Central Bank’s approach to Operational Resilience. He discussed the importance of ensuring that firms are able to continue operating during periods of stress or disruption, and outlined the steps that firms can take to enhance their resilience.

Our second speaker was Jonathan Davis, a Senior Vice President at BNY Mellon | Pershing. Jonathan is responsible for the company’s Regulatory Risk Management and he discussed the practical steps that firms can take to enhance their operational resilience. He provided valuable insights into the ways in which firms can identify and manage risks, and highlighted some of the key challenges that firms may face when implementing resilience measures.

The event was well attended, with members of the IMIA able to engage in a lively discussion with our guest speakers. Attendees were able to ask questions and provide feedback, ensuring that the event was a valuable learning experience for everyone involved.

In conclusion, the IMIA was delighted to welcome Odran Fanning from the Central Bank of Ireland and Jonathan Davis from BNY Mellon | Pershing to speak to our members about Operational Resilience. The event provided valuable insights into the steps that firms can take to enhance their resilience, and highlighted the importance of this topic in the current environment.

Firms are reminded that they must evidence plans to apply the Cross Industry Guidance on Operational Resilience by December 2023. The IMIA plans to host a number of sessions for members in advance of this deadline. If your firm is interested in joining the IMIA, please email contact@imia.ie

Operational Resilience Seminar W/ Odran Fanning & Jonathan Davis