Achieve DORA Compliance

Future-Proof Your Financial Operations with DORA

Don’t let the 2025 DORA deadline catch you unprepared. Manage ICT risks, streamline reporting, repaper non-compliant contracts and enhance operational resilience with Sirion’s AI-native CLM.

Financial Entities and ICT Providers:
The Path to DORA Compliance

Achieving DORA compliance is challenging due to fragmented data, inconsistent risk management, limited third-party visibility, and strict reporting demands. Sirion makes DORA compliance seamless - no more sifting through countless contracts across diverse ICT vendors to spot and fix non-compliance.

Eliminate Complexity, Strengthen Compliance,
and Reduce Risk

Reduce Compliance Complexity

Eliminate fragmented processes and manual inefficiencies with a structured, automated approach to meeting DORA’s stringent requirements.

Lower Risk
Exposure

Enhance visibility into ICT risks and third-party dependencies, ensuring a proactive stance against compliance gaps and operational disruptions.

Increase Efficiency & Transparency​

Streamline oversight and reporting through a unified platform - improving audit readiness and regulatory alignment with minimal effort.

A Smarter, Automated Approach to DORA Compliance

Data Management and Integration

Centralize and streamline data management to stay ahead of evolving DORA requirements.

Store and manage all contract documents within Sirion’s centralised contract repository for easy access.

Use Sirion’s extraction agent to handle all DORA mandated fields, ensuring faster and more accurate reporting.

Automatically pull up-to-date entity information by connecting with the Legal Entity Identifier (LEI) database.

ICT Incident and Risk Management

Identify, record, and resolve ICT-related incidents swiftly while maintaining strict adherence to DORA’s regulatory framework.

Log incidents or action items associated with ICT providers and track resolutions using intelligent workflows.

Detect emerging risks and compliance issues in real time, create targeted compliance playbooks, and run clause-level checks in contract negotiations.

Integrate with ICT management systems to capture and report service disruptions, fulfilling DORA’s oversight and reporting requirements.

Digital Operational Resilience Testing

Demonstrate consistent operational resilience through thorough testing and clear audit trails.

Plan, track, and document all resilience testing efforts with Sirion Obligation management.

Maintain comprehensive audit trails with detailed records accessible through the supplier portal for seamless compliance reviews.

Pull relevant information from third-party systems and ERPs to meet DORA reporting standards efficiently.

Third-Party Risk Management

Enhance visibility and control over ICT third-party providers, ensuring DORA contract compliance and collaborative risk mitigation.

Manage ICT provider contracts within a single platform to align with regulatory requirements and resilience standards.

Enable secure collaboration among financial entities for shared threat intelligence and rapid response

Use Sirion’s built-in analytics to gain insights into third-party performance and compliance status.

“As part of our contract digitization program, we didn’t want to stop at just putting our contracts in the cloud. We wanted complete visibility and control over the deliverables and obligations in our contracts. We found the perfect answer in Sirion.”

Sabih Rozales, Principal Commercial Contract Manager

“All our contracts are established and maintained in Sirion, a fit-for-purpose CLM solution. Today, we manage all our regulatory requirements, adapt smartly to banking changes and leverage rich insights for real-time reporting, through Sirion.”

Edzard Janssen, Chief Procurement Officer

“Some of the biggest highlights of working with Sirion for me have been watching how the technology has changed over time. And how it gets better and better every single time new functionality is released.”

Jaclyn Schuler, Director of Contract Lifecycle Management

“Sirion’s industry-leading AI technology offers significant advances giving instant access to critical data, automating non-value-added tasks, and driving behaviors that result in better contracting outcomes with third-party relationships.”

Toby Yu, Contract Management Services Leader