DORA compliance for finance teams: what European businesses need to know

DORA — the Digital Operational Resilience Act — is one of the most significant pieces of European financial regulation in recent years. If your business relies on financial services providers, it is worth understanding what it changes, even if the obligations sit primarily with your providers.

What is DORA?

DORA is an EU regulation designed to make the financial sector resilient to digital disruption. It sets common requirements for how financial entities manage information and communications technology (ICT) risk — covering governance, incident reporting, resilience testing, and the oversight of third-party technology providers.

Who it applies to

DORA applies broadly across regulated financial entities and the critical technology providers that serve them. For most businesses using a fintech platform, the practical effect is that your provider and its banking partners must meet a higher, harmonised bar for operational resilience.

Key requirements

At a high level, DORA requires firms to identify and manage ICT risk, report major incidents within defined timeframes, test their resilience regularly, and manage concentration risk in their technology supply chain. The intent is that a technology failure at one provider should not cascade into a wider disruption.

What it means for your finance stack

When choosing financial providers, it is reasonable to ask how they address operational resilience — backups, incident response, and continuity. A provider that takes DORA seriously is one whose services are less likely to leave you stranded during an outage.

Eduvo is built for operational resilience in line with DORA, with monitoring, backups, and incident-response processes across the platform and our regulated partners. This article is general information, not legal advice — confirm your own obligations with qualified counsel.