Digital Resilience in financial services

We’re thrilled to announce a groundbreaking partnership that’s setting a new standard in the world of financial services. Gieom, renowned for its stellar contributions to enhancing enterprise productivity, has chosen VENDOR iQ as the intelligence and data platform partner for its DORA360 solution. This collaboration is more than just a partnership; it’s a fusion of expertise and technology poised to reshape how financial institutions address the challenges presented by the Digital Operational Resilience Act (DORA).

Since its inception in 2012, Gieom has solidified its status as a preferred partner for over 100 banks worldwide, boasting partnerships with prestigious organisations such as the World Bank, Bank of England, Euro Bank, and State Bank of India. The impact of Gieom in the financial technology space is undeniable, and its choice of VENDOR iQ as a partner underscores a shared vision for innovation and excellence.

John Santhosh, CEO of Gieom, emphasises the transformative potential of this collaboration, stating, “This partnership is poised to revolutionise the landscape for financial institutions navigating the complexities of DORA.”

Our combined efforts aim to offer a comprehensive platform covering all five pillars of DORA, enabling real-time management and monitoring of third-party supply chain risks. This integrated approach ensures that strategies and actions are precisely aligned with the specific requirements of the DORA act.

The fusion of Gieom’s technological innovation with VENDOR iQ’s in-depth data insights, augmented by artificial intelligence and our collective expertise in risk, resilience, and supply chain management, marks a significant advancement in compliance practices. According to Kevin Mitchell, CEO of VENDOR iQ, “This partnership represents a significant leap towards achieving a resilient, digitally forward financial ecosystem.”

This collaboration is set to empower firms with a faster, more accurate, and deeply integrated approach to managing the evolving demands of digital operational resilience. It reflects our commitment to not just responding to regulatory challenges but proactively shaping a safer and more efficient financial landscape.

For clients and the broader financial services community, this partnership promises to deliver innovative solutions that streamline compliance processes, enhance operational efficiency, and fortify resilience against digital disruptions. It’s a testament to our unwavering dedication to empowering the financial sector with the tools and insights needed to thrive in a digital-first world.

Stay tuned as we embark on this exciting journey together, driving forward the future of digital resilience in financial services. Together with Gieom, we’re not just preparing for the challenges of today but setting the stage for the innovations of tomorrow.