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Business Continuity Planning
sponsored by RealWorld Systems
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RealWorld Systems (RWS), offers general business continuity services as well as specific services associated with mitigating the risk inherent with the use of offshore services firms.
Business continuity planning is the process whereby institutions ensure the maintenance or recovery of operations, including services to customers, when confronted with adverse events such as natural disasters, technological failures, human error, or terrorism. The objectives of a business continuity plan (BCP) are to minimize financial loss to the institution; continue to serve customers and market participants; and mitigate the negative effects disruptions can have on an institution's strategic plans, reputation, operations, liquidity, credit quality, market position, and ability to remain in compliance with applicable laws and regulations. Changing business processes (internally to the institution and externally among interdependent companies) and new threat scenarios require companies to maintain updated and viable BCPs.
(THIS RESOURCE IS NO LONGER AVAILABLE.)
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