Archer Operational Scenario Analysis 2024.03

Archer Operational Scenario Analysis follows global regulatory guidance and requirements to assist your organization in implementing a formalized process of Operational Resilience. This starts with an automated approach to identify the criticality of products and services and mapping the assets that support continued delivery of those services.

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Benefits of Operational Scenario Analysis Use Cases

Impact tolerances are defined across a number of categories and metrics, including the maximum tolerable period of disruption. Impact tolerances are then tested against a series of severe, but plausible scenarios, such as cyber events, contagious outbreaks, natural disasters, fraud, and more. For scenarios that fall outside the predefined impact tolerances, preventative and mitigating controls are applied, and Archer's streamlined Issues Management process can be implemented. Additionally, the use case includes an operational resilience self-assessment that can be used to determine the resilience of an organization across 5 key pillars. It leverages Archer's Integrated Risk Management ecosystem as a foundation for building Operational Resilience. As disruptions can impact your business, customers, and supply chain,Archer helps you evaluate scenarios and improve Operational Resilience across your organizational landscape.

For the key features and benefits of this use case, see the Data Sheet on the Archer Community: https://www.archerirm.community/t5/solution-use-case-overviews/archer-solutions-amp-use-cases/ba-p/572564

How Operational Scenario Analysis Fits into a Risk and Compliance Program

ArcherOperational Scenario Analysis is the core use case in the Resilience Management solution area. The following section describes the prerequisite use cases required for Operational Scenario Analysis, which uses cases will be integrated with the new offering to build a more mature Resilience Management framework, and the key features and benefits of each solution.

Prerequisite and Next Use Cases

The following table describes how this use case fits into the overall Resilience Management solution area. For information on these Archer use cases, see the Archer Solutions Help.

Prerequisites

What you have

What's next

Business Impact Analysis

Operational Scenario Analysis

Third Party Risk Management
  • Determine the criticality of and recovery objectives for business processes, products, and services
  • Provides an automated process for identifying business processes that do not yet have a BIA, or whose BIA needs to be updated

  • Determine the criticality of important business services that should be prioritized for resilience

  • Perform dependency mapping

  • Conduct scenario analysis

  • Determine if incidents exceed impact tolerances

  • Supply chain risks (concentrations and single points of failure)

  • Third Party Resilience Assessment

  • Catalog entire supply chain

Issues Management

 

Enterprise and Operational Risk Management

  • Establish your business hierarchy

  • Consolidate and coordinate findings and remediation plans from risk, compliance, audits, and other assessments

  • Manage exceptions with appropriate risk sign-off acceptance

 

  • Metrics to report on key organizational pillar performance

  • Application of preventative and mitigating controls to Operational Scenario Analysis

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