Case Studies & Whitepapers
BCP: A Guide to Pandemic Response Planning
The influenza A (H1N1) virus dominated headlines in late 2009 and early 2010. And while the pandemic appears to have subsided, the best practices that it prompted for hedge funds and investment firms still remain true.
With any pandemic or outbreak of illnesses, investment firms must ensure that their businesses remain functionable and profitable if they become affected. For instance, a decrease in staff could cause potential downtime, which can result in significant capital loss. We've outlined six essential pandemic response steps that firms need to understake to ensure their businesses remain at peak performance, even if an outbreak occurs in the office.
- Begin response procedures BEFORE a disaster strikes.
- Develop disaster/pandemic procedures based on a variety of scenarios.
- Thoroughly review and modify your business' Employee Assistance Program (EAP).
- Test alternative site and remote access capabilities.
- Review your business response plan and procedures with team members and leaders.
- Test your pandemic response plan.