ISA 95
International standard for enterprise-manufacturing control integration
MAS TRM
Singapore guidelines for financial technology risk management
Quick Verdict
ISA 95 provides manufacturing integration models for enterprise-plant interfaces, while MAS TRM mandates cyber risk governance for Singapore FIs. Manufacturers adopt ISA 95 for semantic consistency; banks use TRM to avoid fines and ensure resilience.
ISA 95
ANSI/ISA-95 Enterprise-Control System Integration
MAS TRM
MAS Technology Risk Management Guidelines
Key Features
- Board and senior management accountability
- Proportional risk-based implementation
- Third-party service risk management
- Cyber resilience defence-in-depth
- Annual penetration testing for internet systems
Detailed Analysis
A comprehensive look at the specific requirements, scope, and impact of each standard.
ISA 95 Details
What It Is
ANSI/ISA-95 (IEC 62264) is an international framework for enterprise-control system integration. It organizes manufacturing into Purdue levels 0-4, focusing on interfaces between Level 3 (MES/MOM) and Level 4 (ERP/logistics). Primary purpose: standardize information models, activities, and exchanges to reduce integration risks, costs, errors using hierarchical, object-based models.
Key Components
- Eight parts: models/terminology (Part 1), objects/attributes (Parts 2/4), activities (Part 3), transactions (Part 5), messaging/aliasing/profiles (Parts 6-8).
- Core: equipment hierarchy, activity models (production, quality, maintenance), object semantics for materials/personnel.
- Built on Purdue Reference Model; no formal certification, but conformance via aligned architecture and training programs.
Why Organizations Use It
Reduces semantic misalignment in IT/OT convergence; enables consistent data for OEE, traceability, analytics. Voluntary but essential for manufacturing digital transformation, regulatory audits, multi-site scalability. Builds stakeholder trust through auditable integrations.
Implementation Overview
Phased: assessment, canonical modeling, pilot (3-6 months), rollout. Applies to manufacturing industries globally; requires governance, master data, security segmentation. No mandatory audits; success via KPIs like integration cost reduction.
MAS TRM Details
What It Is
MAS Technology Risk Management (TRM) Guidelines (revised January 2021) are supervisory guidelines issued by the Monetary Authority of Singapore (MAS) for financial institutions. They provide a principles-based framework for managing technology and cyber risks, emphasizing proportional implementation based on risk profile, complexity, and criticality to ensure confidentiality, integrity, and availability (CIA).
Key Components
- 15 main sections covering governance, risk frameworks, secure development, IT operations, resilience, access controls, cryptography, cyber defense, assessments, and audit.
- Synthesised 12 core principles like board accountability, asset management, third-party oversight, and defence-in-depth.
- No fixed control count; focuses on outcomes with continuous improvement.
- Compliance via supervisory review, no formal certification.
Why Organizations Use It
- Mandatory for MAS-supervised FIs to avoid enforcement (fines, license actions).
- Enhances cyber resilience, operational stability, and customer trust.
- Supports digital transformation while mitigating systemic risks.
- Builds competitive edge through robust governance and evidence-based assurance.
Implementation Overview
- Phased approach: governance setup, asset inventory, risk assessment, control deployment, testing, monitoring.
- Applies to banks, insurers, fintechs in Singapore; scalable by size.
- Involves board approval, CISO appointment, audits; 12-24 months typical.
Key Differences
| Aspect | ISA 95 | MAS TRM |
|---|---|---|
| Scope | Enterprise-manufacturing integration models | Technology/cyber risk governance in finance |
| Industry | Manufacturing, discrete/continuous/process | Financial institutions (banks, insurers) |
| Nature | Voluntary reference architecture standard | Supervisory guidelines with enforcement |
| Testing | No formal certification; self-assessment | Annual PT for internet systems; audits |
| Penalties | No penalties; implementation risks | Fines, license revocation, prohibitions |
Scope
Industry
Nature
Testing
Penalties
Frequently Asked Questions
Common questions about ISA 95 and MAS TRM
ISA 95 FAQ
MAS TRM FAQ
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