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21 July 2014

Publication of Operational Resilience in Financial Institutions

Operational Resilience in Financial Institutions: A Practitioner's Guide to Business Continuity

ClearView BC specialist, Ian Crabb, is a featured author in the new publication, Operational Resilience in Financial Institutions, which provides a usable framework for business continuity management (BCM) in financial institutions, examining the key areas which enable companies to be resilient in the face of both predictable and unpredictable adverse events.

The book gives a host of extremely experienced practitioners the opportunity to explore the challenges of achieving business resilience through the use of Business Continuity principles and practices. The authors are all directly from leading financial institutions or are consultants with wide experience of BCM in the financial sector. The book is divided into four parts, each with an individual focus:

  1. Anticipating Problems
  2. Preventing and Mitigating Operational Risk
  3. Dealing with Unpredictable Events
  4. Measuring Value

Introduction to the following chapter, by Ian Crabb, BC Specialist


The Future of Business Continuity Tools and Techniques

Ian Crabb

ClearView Continuity

While the business continuity management (BCM) industry has continued to develop since its emergence from IT disaster recovery in the late 1980s, the underlying principles and techniques used by BCM professionals have broadly remained the same.

Tools to support BCM have been widely available over the same period, and have continued to develop both in maturity and functionality. However, such tools have not been adopted by the majority of organisations in supporting their BCM programmes, with many BCM professionals continuing to choose end-user computing technologies (standard office products) to service their BCM needs.

This is counter to other areas of business management, where tools are considered to be a vital component in bringing efficacy of process, providing greater control, driving down cost of ownership and delivering added business value.

  • what are the common obstacles and constraints that have prohibited BCM tools from being more widely adopted?
  • what are the challenges that BCM tools must meet to be successful?
  • what are the influencing factors that will shape BCM tools in the future?
  • what are the business benefits that tools bring to the organisation? 

To find out more about the full content and purchase the book, which is published by Risk Books, visit: www.riskbooks.com

 

 

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