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Business Continuity and the Banking Industry.

The authors discuss the importance of business continuity (BC) planning in the banking and financial industry. For financial institutions, information systems and information technology are central to a firm's profitability rather than merely supportive of it. Companies therefore need to comprehensi...

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Publicado en:Communications of the ACM Vol. 53; no. 3; pp. 121 - 126
Autores principales: ARDUINI, FABIO, MORABITO, VINCENZO
Formato: Artículo
Publicado: Association for Computing Machinery Mar2010
Materias:
Emergency preparedness in business
Financial services industry
Banking industry
Emergency management
Crisis management
Backup processing alternatives in electronic data processing
Acceso en línea:Ver este registro en EBSCOhost
Sumario:The authors discuss the importance of business continuity (BC) planning in the banking and financial industry. For financial institutions, information systems and information technology are central to a firm's profitability rather than merely supportive of it. Companies therefore need to comprehensively plan for BC in a way that embraces includes project management, identification of conditions and assumptions underlying BC, and the formulation of action plans. Implementation of a BC or disaster-recovery plan hinges on having the right technology, people, and processes.