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Business Impact Analysis for CPS 230
resilience services
Meet CPS 230 requirements by identifying your critical operations, dependencies, and tolerance levels. Our BIA process ensures APRA-regulated entities can demonstrate resilience and compliance across banking, insurance, superannuation, and health sectors.
01.
Plan
Agile, first-principles planning ensures a smooth rollout of your refreshed program.
02.
do
03.
check
04.
act
Our BIA process delivers a comprehensive register of critical operations, including dependencies on people, technology, facilities, and service providers. It defines maximum tolerable downtime, data loss thresholds, and service level expectations in line with CPS 230 obligations.
APRA requires that financial institutions identify and assess critical operations and maintain tolerance levels through disruptions. Without a CPS 230-aligned BIA, your entity risks non-compliance, inadequate board assurance, and regulatory penalties. A clear, compliant BIA is the foundation for resilience and regulatory trust.
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Link to chat
A link will be sent to you via email from our Advisory team. You get to pick a time to chat that's convenient to you - over the phone, Teams, Zoom, or in person.
30-45 minutes
Tell us what your objectives are. We have a set of questions ready to go for you. We'll share 'how we do things', and give you a chance for any Q&A you have.
Proposal & Quote
We will get you a proposal within 24 hours detailing the scope of work. 1 week later, we will discuss it. 10 minutes later you will have a final quote from us to sign.
5 Weeks
Our clients expect us to be working for them, not chasing proposals. If it's not signed off within 5 weeks, we'll assume it's not the right time.
Review & Health Check
Design and Develop
Validate
Maintain
Why is a CPS 230 Business Impact Analysis important for APRA-regulated entities?
CPS 230 requires financial institutions to prove they can continue delivering critical operations within defined tolerance levels during disruptions. Without a CPS 230-aligned BIA, entities risk regulatory penalties, operational blind spots, and an inability to assure boards and APRA of their resilience posture.
How does a CPS 230 Business Impact Analysis connect to business continuity planning?
Under CPS 230, the BIA is the first step in building a credible Business Continuity Plan (BCP). It defines the critical operations and tolerance levels that a BCP must address. Fixinc links your BIA directly into your BCP, so your continuity strategy meets regulatory expectations and provides practical resilience.
How often should a CPS 230 Business Impact Analysis be reviewed?
CPS 230 requires BIAs and critical operation registers to be regularly tested and updated. Fixinc recommends at least annual reviews, or more frequently if your business mix, operations, or service providers change. We provide ongoing review services to keep your BIA current and compliant.
What does a CPS 230 Business Impact Analysis include?
A CPS 230-aligned BIA should cover:
- Identification of critical operations and interdependencies
- Register of material service providers
- Maximum tolerable downtime and data loss thresholds
- Tolerance levels for customer impact and service continuity
- Fixinc ensures all elements are documented in line with ISO 22301 and CPS 230.
How does Fixinc support CPS 230 Business Impact Analysis?
Fixinc conducts structured BIAs for APRA-regulated entities, mapping critical operations, dependencies, and service providers. We help define tolerance levels, prepare board-ready documentation, and align your analysis with both ISO 22301 and CPS 230, ensuring your organisation is compliant and audit-ready.
What is a CPS 230 Business Impact Analysis (BIA)?
A CPS 230 Business Impact Analysis (BIA) is the process of identifying critical operations, dependencies, and tolerance levels as required by APRA’s Prudential Standard CPS 230. For APRA-regulated entities such as banks, insurers, super funds, and health funds, a BIA provides the foundation for demonstrating operational resilience and compliance.
What role does the Board have in a CPS 230 Business Impact Analysis?
Boards are accountable under CPS 230 for approving BCPs and ensuring tolerance levels are defined and tested. A CPS 230 BIA provides the evidence and analysis boards need to discharge their obligations. Fixinc prepares BIA outputs in a format suitable for board review and APRA oversight.
Still have questions?
Over a no-obligation call, we will walk you through how are tools work for you to determine if they're right for you.
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