Resilient Markets: Strengthening Market-Wide Resilience Featuring Debbie Guild, PNC, and Brian Peretti, Everstream Advisors

The first episode of SIFMA's six-part Resilient Markets series features host Todd Klessman with Debbie Guild of PNC Financial Services Group and Brian Peretti of Everstream Advisors discussing the operational resilience landscape. They define operational resilience against related disciplines such as recovery, business continuity and incident response, and cover lessons from industry exercises and testing, third-party dependencies and reconnection frameworks. The conversation also takes in AI, cyber threats and geopolitical risk, plus practical steps for keeping critical financial services running during disruptions.

1. Brian Peretti defines resilience as keeping essential services running while systems are impaired, not simply restoring them afterwards.
2. Debbie Guild says the objective is not zero failure but preventing a failure from becoming a market event, and maintaining confidence through cyber attacks, technology failures, extreme weather, geopolitical events and third-party disruptio
3. The series plans episodes on the shrinking resilience window, exercises and testing, third-party risk management, and AI's effect on operational resilience.
4. Peretti and Guild describe an all-hazards approach and stress the importance of agreeing tolerance levels and communication during stress.