Australian Prudential Regulation Authority (APRA) CPS230

The Australian Prudential Regulation Authority (APRA) protects the Australian community by establishing and enforcing prudential standards and practices governing financial institutions.

APRA Dashboard

SAI360 helps financial institutions meet APRA CPS230 requirements by centralizing the management of regulatory obligations, risk controls, and incident response. Our platform connects operational risk, third-party oversight, business continuity, and compliance workflows into a single, integrated solution.

With SAI360, organizations can demonstrate resilience, maintain regulator confidence, and proactively manage the evolving demands of APRA oversight.

Modules That Power The Solution

Enterprise & Operational Risk

Identify, assess, and manage risk across your enterprise.

  • Centralize risk data and controls
  • Automate assessments and reporting
  • Track ownership and risk scoring

Third-Party Risk

Manage third-party risk with control, speed, and visibility.

  • Centralize onboarding, monitoring, and oversight
  • Integrate external risk intelligence sources
  • Extend training and policies to vendors

Business Continuity

Enhance resilience with dynamic and auditable business continuity plans.

  • Automate creation, testing, and revisions
  • Align crisis response to enterprise risk
  • Adapt plans with data-driven insights

Incident Management

Strengthen incident capture and response with automated workflows.

  • Capture all incident types for holistic view
  • Investigate quickly with configurable workflows
  • Correlate trends to risks for proactive action

Internal Controls

Reinforce risk mitigation with tested, auditable, and accountable controls.

  • Automate testing and evidence collection
  • Link controls to risks and findings
  • Streamline SOX compliance and audit readiness

Regulatory Compliance

Stay ahead of regulations with real-time compliance oversight.

  • Monitor and implement regulatory changes
  • Map requirements to risks and controls
  • Automate workflows and audit tracking

FAQs

CPS230 applies to all APRA-regulated entities, including banks, insurers, and superannuation funds operating in Australia.

CPS230 requires entities to manage operational risk, establish robust business continuity plans, oversee critical third-party service providers, and ensure effective internal controls and incident response.

Compliance helps protect customers, ensure financial system stability, and avoid regulatory penalties or reputational damage. It also demonstrates an institution’s ability to respond to disruptions and maintain critical operations.

APRA conducts supervision activities, including data requests, risk assessments, and audits. Noncompliant organizations may face regulatory action, including fines and heightened oversight.

SAI360 provides an integrated platform to manage operational risk, third-party oversight, business continuity, incident response, and control effectiveness—helping organizations meet CPS230 requirements efficiently and at scale.

CPS230 applies to all material service providers, including cloud vendors, technology partners, and outsourced providers that support critical operations. Organizations must assess, monitor, and manage these relationships to ensure continuity, resilience, and compliance with prudential standards.

Let Us Help

SAI360 helps you stay ahead of CPS230 with real-time insights to:

  • Manage operational risk

  • Oversee third-party providers

  • Ensure business continuity

  • Prove compliance to APRA