DORA (Digital Operational Resilience Act) is the Regulation of the European Union No 2022/2554 on the digital operational resilience of financial entities. It imposes an obligation to increase the resilience of institutions to threats in the digital environment.
In the digital business era, resilience alone is not enough — it is also crucial to have a flexible and adaptable IT infrastructure. Many organizations that use outdated technology solutions struggle with technology debt and the resulting DORA compliance problem.
One of the main challenges in complying with DORA regulations is technological debt. Gartner defines it as work that needs to be done with an IT system, but that has been left out due to other priorities, temporary solutions or workarounds.
The effects of technological debt can be serious:
In such cases, the best solution is replacement of the system for a modern solution.
IN yarrl S.A. we specialize in the implementation of projects to replace undeveloped systems for modern applications using technology low-code.
Low-code is a modern approach to business application development that does not require traditional coding. Thanks to our proprietary platform Meltemee Designers can create applications in the graphical environment using drag & drop — just drag and drop the right elements.
In the Meltemee world, an app designer can be both a customer analyst and a yarrl expert. Thanks to its visual design and automation capabilities, the platform allows you to create complete solutions — with a modern user interface, API integrations, data processing and advanced logic — much faster than in the traditional programming process.
It is the Meltemee platform that automatically takes care of:
The designer can fully concentrate on the functionality of the created application.
If your organization is facing the challenge of technological transformation or compliance with DORA regulation — we invite you to contact us. Modern applications really help in gaining a competitive advantage.