CGI’s Statement of Intent regarding DORA regulation

CGI is committed to adapting and complying with evolving regulatory requirements, including those outlined by the Digital Operational Resilience Act (DORA). As a global leader in operational resilience and cybersecurity, we offer consulting services and expertise tailored to the needs of financial institutions worldwide. We are ready to collaborate with regulatory authorities, industry partners, and, most importantly, forge strong partnerships with our clients to foster a secure and resilient financial ecosystem.

Navigating regulatory uncertainty

While the European Union has yet to designate specific companies as critical third-party service providers under DORA, CGI is proactively preparing to meet the requirements should we fall within this category. CGI understands that this regulatory landscape will continue to evolve, and we are committed to adapting to these changes swiftly.

Global compliance initiatives

CGI has been at the forefront of financial services since the 1970s, helping to drive many domestic and global initiatives that have transformed the industry. Our deep understanding of the complex business and technology challenges financial institutions face combined with our strong local relationships enable us to build long-term partnerships that achieve meaningful outcomes.

Our deep industry and technology expertise has helped clients meet evolving regulatory requirements during times of rapid change across various jurisdictions. We have collaborated with clients and regulatory bodies to meet various frameworks that make us well positioned to meet the requirements of DORA regulation. We are at the forefront of ensuring our operations align with relevant regional and national regulations and are committed to helping our clients in their own efforts.

Commitment to operational resilience

Our long-term partnerships with leaders in the financial services industry is a demonstration of our ability to help clients build resilient operating models. We prioritize continuous improvement in embedding secure and proven processes and technologies that help mitigate risks, ensure uninterrupted service delivery, and foster a sustainable economy. CGI is dedicated to enhancing operational resilience not only to meet regulatory obligations but also to safeguard our clients' interests and uphold the integrity of the financial ecosystem.

With extensive experience partnering with financial entities worldwide, CGI brings seasoned professionals who understand the unique challenges and requirements of the industry. Our expertise enables us to deliver targeted solutions that address specific compliance needs and enhance overall operational resilience.

Consulting services for compliance roadmaps

CGI offers comprehensive consulting services to assist financial institutions in navigating their compliance journey to meet DORA requirements. Our experienced consultants provide tailored guidance and support to develop and implement robust compliance roadmaps that align with regulatory expectations.

Support for threat-led penetration testing

CGI aims to be recognized as a trusted partner capable of assisting financial entities with comprehensive threat-led penetration testing campaigns mandated under DORA regulation. We can collaborate closely with clients to identify vulnerabilities, assess risks, and implement effective strategies to fortify cybersecurity defences.

Helping clients achieve trusted and tangible outcomes

We recognize that while CGI provides comprehensive support and implementation services, the ultimate responsibility for compliance with DORA rests with financial institutions themselves. Our role is to enable our clients to execute their chosen strategies and solutions effectively, ensuring they remain fully in control of their compliance journey. This collaborative approach ensures that our clients can leverage CGI’s expertise while maintaining full decision-making authority. Together, we strive to build resilient financial services institutions that meet the highest standards of regulatory expectations.

At CGI, we are committed to upholding the highest standards of operational resilience and cybersecurity across diverse regulatory landscapes worldwide. For example, we have a 48-year history of responsibly leading the evolution of payment infrastructures, helping banks securely embrace real-time payments and open banking.

Learn more about our expertise at cgi.com/banking and cgi.com/insurance.