Insights

CPS 230: When Operational Risk became everyone's problem: If there is one regulatory development that has fundamentally changed how APRA-regulated entities must think about operational risk, it is Prudential Standard CPS 230. It didn't introduce an entirely new concept, operational resilience has long been an expectation, but it did make the rules explicit, enforceable, and considerably harder to ignore.

For most of human history, data was scarce. Our ancestors were “data foragers,” struggling to gather even a handful of observations to inform critical decisions. A farmer in 1900 relied on almanacs, folklore, and personal experience. Perhaps a few dozen data points, to decide when to plant crops.

Each quadrant of the uncertainty matrix splits into positive and negative scenarios — giving us eight distinct situations demanding different governance approaches. Traditional PMO works for four of them and actively harms the other four.

Daniel Rolles participated in FIMA 2025 at The Kia Oval in London, sharing insights on the convergence of Data Governance and AI Governance with industry leaders from across Europe's financial services sector.

Gen AI projects reveal inadequacy of inherited frameworks. Learn why 95% of GenAI pilots fail not from technical risks, but from unvalidated assumptions about adoption, workflow fit, and business value—and how to navigate uncertainty rather than just manage risk.

Key insights from AWS Gen AI Loft London on implementing AI responsibly in financial services, covering everything from foundation models to production scaling strategies.

As AI systems move from experimental projects to business-critical applications, organisations need comprehensive AI observability and governance frameworks that actually work in practice. Join BearingNode at Big Data London 2025.