Disaster Recovery & The Blizzard of 2015

The blizzard of 2015 may have turned out to be an average snow storm—but while you were awaiting Juno to wreak havoc across the Northeast and potentially shut down the exchanges, were you feeling uneasy or confident in your Business Continuity and Disaster Recovery plans?

After all of the warnings it makes sense that we turn our focus to your business continuity and disaster recovery plans.  For those in the Northeast, when Juno looked like the real deal from the windows of your Manhattan office or barn in Greenwich, how were you planning to run your business crippled by 30 inches of snow?
The SEC executed FINRA Rule 4370 which requires investment advisors, hedge funds and private equity funds to develop and implement a business continuity plan. Disaster Recovery makes up a small fraction of the requirements.

Differentiating BCP and DRP?

Although both plans allow management to react swiftly, methodically and successfully when confronted with unexpected business disruptions to mitigate financial loss they serve much different purposes.

Your business continuity plan will keep your organization intact in case of an unpredictable internal change or if a storm keeps your workforce home for long periods of time. It provides information on emergency contacts, how teams should communicate and how to keep employees safe. Your disaster recovery plan will give you peace of mind if a blizzard shuts down your operations.

Your Plans… Re-Planned

Your disaster recovery plan takes care of the technology that supports your business during a natural or human-induced disaster, from simple server failure to a hurricane that knocks out the power grid.

Managed services add the protective layer of support to your Disaster Recovery Plan. You can have the peace of mind that a co-sourced middle office will ensure your front-office continues to utilize the most up-to-date, accurate data to manage investments.  And when these co-sourced services including trade and position reconciliation, corporate actions and security master maintenance power a mobile front-office, your manager and clients will rest assured that the business will continue to run with front-office workflows that span order, execution and risk management as well as client and Nav-light reporting, powered by profound data to back up and support allocation decisions.




As of August 2014, we tripled our infrastructure footprint in Equinix data centers to our hedge fund customers with a secure, low-latency environment to connect to their portfolios and historical data, counterparties and the global markets at all times, everywhere and on mobile devices – with no interruption or decline in connectivity, speed or performance due to unforeseen conditions that Mother Nature can bring on at a moment’s notice.

For a better understanding of our automated middle-office services for hedge funds click here>> http://go.pardot.com/l/62032/2015-01-26/5ksm.  And to understand how we are working with hedge funds of all sizes to help manage their business continuity and disaster recovery plans, contact us today at Marketing@liquidholdings.com.