Business Continuity Management
A sound BCM ensures the smooth running of critical processes even in cases of emergency. As such, BCM helps to protect the institute’s reputation and is vital to all financial institutions.
Key Project Experience
- Tests and exercises prepare any company for exceptional circumstances and facilitate operational stability in case of an actual emergency. We regularly support a German Landesbank with the conceptualization, conduct, and follow-up of emergency exercises, focusing on scenarios involving staff shortages in particular.
- Business continuity plans (BCP) of a large German Landesbank were found to be incomplete for some emergency scenarios. This finding, resulting from an ECB on-site inspection, called for a thorough overhaul of the corresponding template. We designed a new template meeting the tighter regulatory requirements and piloted the new BCP in a time-critical process.
- In addition to our project work, we conduct an annual survey on the status quo and market trends regarding BCM – the BCM Compass. We are looking forward to publishing the 10th edition in 2019.
C: Marc Daferner
D: +49 (0) 160 58 34 253