MAS technology risk expectations, in one place
MAS technology risk guidance asks financial institutions to govern technology risk deliberately, including the vendors they lean on. Beacon keeps the obligations tracked, the risk treated, the vendors assured, and the evidence current, so the institution answers supervision from a working programme rather than a project plan.
What MAS TRM expects of a programme
01
Technology risk governed end to end
Risk is owned at board and management level, assessed on a cycle, and treated with plans that actually close.
02
Vendor and outsourcing risk understood
The vendors critical to services are assessed and monitored, and the institution understands where its operations depend on somebody else's.
03
Change and incident readiness proven
The institution can show how changes are controlled and how incidents are handled, with records that exist before anyone asks for them.
How Beacon answers it
Third Party Risk
Assess vendors by the damage their failure would cause, keep a due-diligence file per vendor, and see portfolio-wide concentration at a glance.
Risk
Score technology risk consistently across teams, tie each risk to its treatment, and report movement over time to the board.
Vulnerability Assessment
Scan the estate as often as daily inside and out, keep one prioritised fix-list, and know the hour a critical flaw lands in something you actually run.
Governance
Write and keep the policy set current in Beacon, with approvals recorded and every change dated.
Questions about MAS TRM
See the tools that carry this programme
Start with the tools this regime leans on, or see the whole platform and every price before you decide.