In the rapidly evolving financial sector, resilience is paramount. The Digital Operational Resilience Act (DORA) targets enhanced proactive resiliency across ICT systems in finance, and B2Bits products line stands at the forefront of compliance and innovation.
Proactive Resiliency with B2Bits: Built for Compliance
Our products are engineered following 'Security by Design' principles, embedding robust security features right from the initial stages of development. This foundational approach ensures that every component and process meets the highest standards of security, crucial for maintaining compliance under DORA’s stringent requirements.
To further reinforce our commitment to DORA compliance:
- Quality Gates: B2Bits products incorporate strict quality gates throughout the development lifecycle. These gates serve as checkpoints to scrutinize and validate the security and resilience of our products, ensuring adherence to DORA’s preventative approach toward ICT risk management.
- Regular PenTesting: To validate and enhance the resilience of our technology, the FIXEdge and FIXICC product lines undergo rigorous Penetration Testing. This proactive examination detects and mitigates potential vulnerabilities, aligning with DORA’s mandate for regular and comprehensive testing to ensure ICT systems can successfully withstand cyber threats and operational disruptions.
Enabling Our Customers to Excel in DORA Compliance.
The B2Bits products not only embody the highest standards of development diligence but also empower our customers to excel in their DORA compliance journey:
- Operating in Secure Environments: Recognizing the critical importance of secure operating environments, the B2Bits products are developed and deployed with an emphasis on security-first environments. By leveraging advanced encryption, stringent access controls, and secure network configurations, our products operate within a fortified environment that guards against unauthorized access and data breaches. This conscientious focus ensures compliance with DORA's provisions for robust security practices, substantially lowering risks associated with digital operations in the financial sector.
- Supporting High Availability: Understanding the crucial need for constant availability in financial services, products in the FIX Servers line are designed to support high-availability configurations in major clouds, as well as in on-premise environments. This capability is crucial for mitigating downtime and ensuring continuous service delivery, a core tenet of DORA’s resilience goals.
- Integration with Enterprise Observability: To enhance monitoring and ensure rapid incident response, the B2Bits products seamlessly integrate with enterprise observability frameworks. This integration facilitates enhanced visibility into system performance and health, aiding in the swift identification and remediation of issues as outlined in DORA’s incident management requirements.
EPAM license and support contracts address DORA regulation including the following clauses : Obligations of the Provider,Outsourcing and subcontracting, Locations,Systems and Information Security,Control and audit,Termination events,Service continuity.
DORA Compliant Versions of Our Products
Product | Version |
---|---|
FIX Antenna C++ | Since 2.20.0 |
FIX Antenna .NET | Since 2.20.1 |
FIX Antenna .NET Core | Since 0.9.0 |
FIX Antenna Python | Since 2.33.0 |
FIX Antenna Java | Since 2.16.0 |
FIXEdge | Since 6.2.0 |
FIXEdge Java | Since 6.10.4 |
Other B2BITS products, such as Market Data, Direct Exchange Access, FIX Trade Capture, FIX Drop Copy, FIX Reporting solutions, leverage features and abilities of flagship products in terms of DORA support. Please contact sales@btobits.com today to learn more!
EPAM also offers services to help with DORA compliance:
- gap assessment, cost-effective assessment of potential ‘Gaps’ that may exist in infrastructure, processes, testing and governance.
- independent testing