August 8, 2022

From Compliance Challenges to Resilience Success: How Ascent AutoResilience Transformed an Islamic Bank’s BCM

One of the leading Islamic banks in Abu Dhabi established in 1997, operating in accordance with Islamic Shari'a principles, a full-fledged financial service provider. Challenges&nbs...

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One of the leading Islamic banks in Abu Dhabi established in 1997, operating in accordance with Islamic Shari’a principles, a full-fledged financial service provider.

Challenges 

  • Manual bcm.
  • Compliance issues with NCEMA and ISO 22301 standards.
  • Operational Silos
  • Lacked customized reporting for management.

Solution

Software Suite Enabling Operational Resilience

  • End-to-end BCM lifecycle implementation.
  • Effective issue tracking and resolution.
  • Emergency Notification and Response.
  • Disaster recovery planning, and crisis management implementation.

Results

  • Regulatory compliant.
  • Identified gaps in BCM resource requirements.
  • Effective BCMS maintenance. 
  • BCP status tracking. 

40% Increase in Efficiency

95% Reduction in Crisis Response

50% Reduction in  DR Maintenance 

Are you experiencing similar challenges?

If so, get in touch to discover how Ascent AutoResilience can help address these issues and provide benefits for your institution!  

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