Cledara is the world’s only fully integrated risk management solution for cloud outsourcing risk management that embeds compliance in the day-to-day operations of the business for banks, electronic money and payment institutions and banks.
Cledara embeds the key steps required by the regulation into your company’s regular cloud software purchasing and management process, so that you can ensure that all software purchases have followed the correct procedure before and after purchase, are properly documented and included in the cloud software register for monitoring and reporting.
We’ve distilled the requirements of the EBA Guidelines on outsourcing arrangements (EBA/GL/2019/02) and Guidelines on ICT and security risk management (EBA/GL/2019/04) that relate to cloud software into a simple to use 5-step process with one-click report generation, a real-time Cloud Software register and automatic reminders to ensure that you never miss a scheduled review.
Benefits and cost assessment, documentation of key functional and non-functional requirements.
Documented risk ratings, comments and mitigations for 23 different regulatory requirements.
Documented classification, enhanced due diligence and risk assessment template, Exit Plan.
Contract review template for the 7 different regulatory requirements, plus enhanced contract review for Critical or Important functions with a further 23 regulatory checks.
Automatically generated Cloud Software register with the 10 fields required by the regulations updated in real time and a further 9 fields required for cloud software classified as Critical or Important.