Security News > 2021 > April > Fusion Risk Management helps financial institutions meet Bank of England, PRA, FCA regulatory requiremets

Fusion Risk Management announced that it has further strengthened its offerings to help financial institutions meet and exceed new Bank of England, PRA, and FCA regulatory requirements which take effect in early 2022, in addition to the recently formalized guidance shared by the Basel Committee.

Fusion's collaborative ENGAGE customer community fosters a common understanding and best practices between those working toward greater operational resilience in financial services.

"Financial institutions today must navigate an increasingly complex and demanding regulatory environment, and they need a partner that understands the landscape and anticipates their operational resilience needs," said Michael Campbell, Chief Executive Officer, Fusion Risk Management.

"Many institutions do not have the necessary processes and framework to adequately respond to new resilience regulations. Fusion's proven track record as a provider of best-in-class service ensures our customers stay ahead of regulatory expectations."

"Fusion's mission has always been to keep businesses in business and safeguard our customers' ability to deliver on their brand promises, regardless the disruption," said Rich Cooper, Global Head of Financial Service Go-To-Market, Fusion Risk Management.

"Financial services providers in particular trust the Fusion Framework System to maintain a robust operational resilience program that exceeds regulatory requirements and optimizes their operational efficiency."

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