DORA Compliance Software
Flexibly expandable software to fulfil all regulatory requirements
Finanzunternehmen müssen sich fortlaufend anpassen: Neue regulatorische Vorgaben, hohe IT-Sicherheitsstandards, digitaler Datentransfer, internationale Zahlungsprozesse. Zusätzlich sind komplexe Softwaretechnologien im Einsatz, um die täglichen internen Abläufe zu automatisieren. Die Digitalisierung in der Bankenbranche ist schon heute auf einem sehr hohen Stand.
Um eine einheitliche Grundlage für das Risikomanagement bei IKT (Informations- und Kommunikationstechnologien) für den Bereich Finanzen sicherzustellen wurde der Digital Operational Resilience Act (DORA) für die operative Resilienz hervorgerufen.
What is DORA?
DORA is an EU-wide regulation that creates a uniform framework for financial institutions to ensure the operational resilience of their digital systems. The aim is to establish uniform standards to protect the IT infrastructure in the financial sector and coordinate existing European and national measures. From 2025, all companies in the financial sector must be able to demonstrate that their organization can withstand various ICT crises and that the operational stability of their digital systems is guaranteed at all times.
What are the requirements of DORA?
The directive places high demands on companies to ensure digital operational stability not only internally, but also with associated service providers. Above all, meeting these legal requirements requires an integrated and comprehensive database as well as extensive testing capacities.
DORA: Resilience and security for your IT systems - no chance for cyber threats
The EU is taking decisive action to combat the growing cyber threats posed by advancing digitalization. With the Digital Operational Resilience Act (DORA), it is laying down clear guidelines for the financial sector to strengthen cybersecurity, ICT risk management and digital operational resilience.
ICT Risk Management
Reporting ICT-related incidents
Tests of digital operational resilience
ITC risk management with third-party providers
Monitoring framework for critical ICT third-party service providers
Rules for the exchange of information
TQG businessApp cloud platform: master the requirements of DORA
Fully ensure compliance with DORA regulatory requirements, including logging, reporting and audit functions.
The platform enables continuous monitoring of the IT infrastructure and applications in order to identify and eliminate potential vulnerabilities at an early stage.
The TQG businessApp cloud platform offers a range of security features, including encryption, access control and monitoring tools to ensure the security of sensitive data.
100% compliance and audit security
The TQG businessApp cloud platform is perfectly adaptable and expandable to your individual requirements in the banking sector. The adaptability must always be given due to, for example
- Additional regulatory requirements (by the banking supervisory authority, etc.)
- Additional functionalities that may be required
- Personalization of the user interface to ensure a high level of user-friendliness
To meet these requirements, the TQG businessApp cloud platform covers the full range of contract management, from recording to reporting and analysis:
- Implementation of standard reports & graphical visualization
- Complete metadata model of the database
- Support of various functions
- Logging of critical incidents, changes and adjustments
- Reporting
- Audit functions
- Alerting functions and resubmission with Outlook integration
- Visualization of contract dependencies
- Intelligent search module "Query Builder"
- Simple data entry of contract metadata
- Automation with template and clause management module
- Collaboration function (CBO, procurement, legal, suppliers)
- Approval workflow & compliance checklist
- Role-based access control
- Central database / original documents in central archive
- Data on-premise: 100% data security
- Version management, document synchronization & full traceability
DORA information register
The DORA information register is mandatory for companies in the financial sector from 17 January 2025. This must include all IT service providers and IT services. Serious IT security incidents must be reported to the supervisory authority.
The TQG businessApp cloud platform fulfils all the requirements for the DORA information register - reliably, clearly and, of course, fully compliant and audit-proof archiving.
Artificial intelligence for DORA
Utilise the potential of artificial intelligence
- Ensure DORA compliance through AI analyses
- Automatically recognise and complete contract content using AI
TQG customers at home and abroad
Complete solution - consulting and software development
The TQG business App cloud platform is already present at well-known companies in the banking sector, for example at one of the top four Austrian banks!
We offer you a complete software solution, from consulting, conception and development. Feel free to contact us!
