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Eze Castle Integration Launches Eze Business Continuity Consulting Service for Hedge Fund and Investment Firms

New Service Offering Designed to Help Financial Firms Identify Business Risks and Develop Comprehensive Continuity Plan for Resilient Business and Investment Operations

BOSTON – November 6, 2006 – Eze Castle Integration, Inc., a leading provider of technology and IT services, today announced the general availability of its Eze Business Continuity Consulting Service (Eze BCP) for hedge fund and investment firms.  The newest service in the Eze Business Continuity Portfolio, Eze BCP covers the full-spectrum of business continuity planning, including impact and risk analysis, plan development and ongoing plan management, to help ensure a firm’s operations can easily recover should a disruption occur. 

Business Continuity Plans (BCP) are now considered required components for hedge fund and investment firms, with investors increasingly requesting to review the plan as part of the investment due diligence process.  An effective BCP must consider and account for every critical aspect of an investment firm’s operations including personnel, physical workspace, core business processes and technology systems.  Additionally, the planner must possess a deep understanding of the firm’s industry and business to effectively craft a custom plan.  The Eze BCP service combines Eze Castle Integration’s deep financial services and business continuity expertise with a proven methodology to deliver a custom, comprehensive plan that covers all aspects of an investment firm’s business.

All Eze Business Continuity Portfolio services are managed and operated by Business Continuity Professionals who understand the stringent requirements for successfully implementing and maintaining a disaster recovery and business continuity plan.  The Eze BCP service methodology encompasses four key components:

• Risk Assessment to identify and prioritize potential business risks and disruptions;  
• Business Impact Analysis (BIA) to define recovery assumptions, critical business processes and workflows, internal and external dependencies, and critical staff;
• Strategy and Plan Development, which synthesizes risk and impact information to create department, division and site level plans; and
• Plan Testing and Maintenance that occurs every six months to help ensure new threats and business process changes are accurately represented in the plan and employees are effectively trained.  

“Demand for custom business continuity plan consulting and development services continues to grow as hedge fund and investment firms look past IT disaster recovery to assess the resilience of all business operations,” said Bob Guilbert, managing director of marketing, Eze Castle Integration.  “Our Business Continuity Portfolio provides clients with all facets of a business continuance strategy from plan development to the underlying technology infrastructure.  This comprehensive Eze BCP Portfolio reinforces our commitment to anticipating client needs and setting the standard for technology consulting companies." 

An example of an Eze BCP customer engagement is Eze Castle Integration’s recent work with a New York-based asset management firm that specializes in distressed-securities.  The firm’s chief compliance officer worked with Eze Castle Integration to ensure the firm was maintaining sound business practices and noted that, “Eze Castle Integration effectively assessed our business processes and developed a tailored business continuity plan that accounts for critical aspects of our business and provides a clear recovery path in the event of a business disruption.  Eze Castle Integration demonstrated a deep knowledge of our business and the intricacies of business continuity planning for investment firms.”

The Eze Business Continuity Portfolio delivers a full-range of managed IT and consulting services that provide complete protection for critical information and business processes for hedge funds and investment firms of all sizes.  The portfolio includes the new Eze Business Continuity Consulting Service (Eze BCP) as well as Eze Disaster Recovery Services (Eze DR), which deliver three disaster recovery options that allow firms to tailor their DR plan based on strategy and budget.

 

About Eze Castle Integration

Eze Castle Integration (www.eci.com) is the leading provider of technology and IT services to the investment industry.  The company’s products and services include Startup and Relocation, Outsourced Technology Support, Telecommunications, Business Continuity Planning and Disaster Recovery, Archiving, Storage, and Internet Service.  Eze Castle Integration is headquartered in Boston and has offices in New York, San Francisco, Los Angeles, Minneapolis and Greenwich, CT.

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