How Regulations Are Raising the Bar for Technology

In this article

Paul Foley, CTO of qashqade, has spent years guiding technology and risk teams through fast-changing regulatory and security landscapes. His view is clear: regulation doesn’t invent new responsibilities, it crystallizes what clients already expect. Here’s our full interview with Paul:

As frameworks like the Digital Operational Resilience Act (DORA) come into focus, I see an inflection point in how vendors and technology partners in private markets will be evaluated. We shouldn’t view DORA as a hoop to jump through. It’s a mirror. It reflects what clients already need from us: resilience, accountability, and proof.

Regulation Is Raising the Bar, And That’s a Good Thing

Too often, compliance has been treated as a once-a-year checklist activity. I believe DORA changes that:

  • It requires defined and measurable RTO and RPO metrics, backed by live testing not just policies on paper
  • It introduces rigorous third-party oversight, forcing vendors to prove they can deliver resilience under pressure
  • It demands evidence-based security and continuity strategies, verified by independent audit

Clients don’t want vague assurances, they want to know that we can restore service in minutes, not days, and that we’ve already tested it.

Regulation as Alignment Not Bureaucracy

Good regulation, in my view, serves as a forcing function to do what you should already be doing:

  • Ensuring recovery capabilities are regularly tested
  • Aligning internal controls with real-world operational impact
  • Communicating clearly what thresholds (e.g., downtime, data loss) your organization is prepared to absorb and why

Leadership’s Role in Making Regulation Work

For executives and tech leaders, the job isn’t to memorize regulation, it’s to translate it into internal commitments that actually mean something:

  • How quickly can we recover from a major outage?
  • What level of data loss is acceptable and to whom?
  • Who owns each link in the recovery chain?

When leaders treat regulation as a strategy lens, not a compliance burden, they build operational discipline that delivers lasting trust.

Take the Next Step Toward Operational Resilience

Want to explore how regulatory readiness ties into broader resilience strategy?

Download our free eBook: Operational Resilience in Private Markets, featuring Paul Foley’s in-depth expert insights.

What to Read Next

Inside Private Markets: David Waldman

In this edition of Inside Private Markets we speak with David Waldman, who offers a perspective that is grounded in operational reality. David shares his thoughts on AI adoption in private markets, addresses the data privacy question as well as context engineering and gives a bold prediction of how AI will have changed by 2030.

Trustworthy allocation management

In private markets, a miscalculation isn't an abstract risk, it's one that erodes LP trust and takes years to repair. In this piece, qashqade CEO Oliver Freigang explains why keeping data and logic in strictly separate layers is not a technical preference, but the architectural principle that determines whether a calculation system can ever truly be trusted.

Fixing the Infrastructure in Private Markets

qashqade partnered with Private Equity Wire for a webinar bringing together voices from across the ecosystem to discuss the LP/GP relationship and its contractual foundations, the volume problem created by retail and feeder structures, the future of investor experience, and the genuine role of AI in fund operations.

Inside Private Markets: David Waldman

In this edition of Inside Private Markets we speak with David Waldman, who offers a perspective that is grounded in operational reality. David shares his thoughts on AI adoption in private markets, addresses the data privacy question as well as context engineering and gives a bold prediction of how AI will have changed by 2030.

Trustworthy allocation management

In private markets, a miscalculation isn't an abstract risk, it's one that erodes LP trust and takes years to repair. In this piece, qashqade CEO Oliver Freigang explains why keeping data and logic in strictly separate layers is not a technical preference, but the architectural principle that determines whether a calculation system can ever truly be trusted.
Newsletter

Stay in the loop

Sign up for regular email update with insights for private markets technology and industry perspectives.