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.