Is Operational resilience as important to the Financial Services sector as Financial Resilience?
Written By
Senior Associate
UK
I am a specialist commercial litigation and dispute resolution lawyer, focusing on telecomms and technology disputes at Bird & Bird.
Partner
UK
I am a partner in our London Dispute Resolution team, and bring many years' experience of advising clients on a wide range of commercial disputes and risk management issues, often with an international element.
As technology advances, the capacity for damaging operational failures increases, particularly as banks look to upgrade their legacy systems by migrating to new network infrastructure. Changing business models and increased outsourcing has also amplified the dependence of participants on others, giving rise to concentrations of risk and cyber security challenges.
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