November 2004

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November 2004
Business Resilience Planning Presentation
Presenters Bruce L Scott, Partner Anton
Gopaulsingh, Senior Manager
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Presentation Outline

• What is business continuity planning (BCP)?
• How should banks respond to the risk of
  disruption?
• Statistics on the state of BCP readiness
• Critical elements for BCP success
• Our BCP services

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What is Business Continuity Planning?

• A definition
• Procedures that are instituted to continue the
  operations of your business despite a significant
  interruption (to its buildings, IT systems or
  employees) with the ultimate objective of
  restoring the business to pre-disaster levels.

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What is Business Continuity Planning?
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How Should Banks Respond to the Risk of
Disruption?
Question How should banks respond to real
threats such as fires, and other disasters?
Answer By developing testing business
continuity plans that focus on the banks
critical persons, business processes and
infrastructure Is your bank prepared?
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Statistics on the State of BCP Readiness

• Many financial institutions in the region are not
  comprehensively prepared
• Plans tend to be IT centric and they oftern
  ignore the business units such as treasury,
  accounting etc
• Recent Gartner survey findings
• 85 of large companies (USA) have IT recovery
  plans
• Only 25 of these companies have business unit
  recovery plans (e.g. for treasury, accounts etc)

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Critical Elements For BCP Success

• The tragic events of September 11 indicate that
  those companies
• that had documented and tested Business
  Continuity plans were
• able to resume critical business operations in a
  matter of hours.
• Companies that recovered found the
• following to be true
• Critical elements of a good BCP program include
• Board and senior management commitment
  (financial otherwise)
• Focus on critical business processes in the
  company (i.e., not just IT)
• BCP steering committee and BCP coordinator
• Understanding the total cost of a business
  continuity program
• Obtaining assistance from independent BCP
  experts

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Our BCP Services

• High Level Risk Vulnerability Assessments
• Business Impact Analysis
• Plan Testing Using Real Life Simulations
• Recovery Strategy Selection Plan Development
• BCP Training

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