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Why DORA Will Break Your Firm If You Treat It Like IT Compliance
Charles Ford, a veteran in third-party and operational risk, exposes a troubling truth: many financial firms are still treating DORA like a one-off compliance task. In this interview, he argues DORA is not just about ticking boxes.It’s about protecting your firm’s reputation, market stability, and operational future. Ford urges leadership to own the regulation beyond IT and BCM, and calls out inconsistent adoption, industry-wide gaps, and the urgent need for better risk intelligence.
Jul 02, 2025
Charles Forde
Charles Forde, former COO, Global Markets & Investment Banking, EU and Switzerland, former Nomura Europe
Tags: Vendor and Third Party Risk
The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization

Is your firm treating DORA like another IT problem? According to Charles Ford, that mindset could cost you your reputation, and maybe even your regulatory standing.

With two decades of experience in third-party and operational risk, Ford warns that many financial institutions are still dangerously misaligned on DORA. Some firms only discovered their reporting obligations days before deadlines, revealing a disconnect between risk functions and business leadership that could be fatal under real pressure.

Ford doesn’t just call for compliance; he demands cultural transformation. DORA’s goal is systemic stability, not document filing. Yet firms still silo responsibility in IT or business continuity teams, failing to embed operational resilience into core governance and decision-making.

The kicker? Real success lies in predictive, continuous monitoring powered by high-quality data and robust risk intelligence, something many in banking, asset management, and insurance have yet to master.

Charles Forde Bio

Biography coming soon

Charles Forde
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