Business Continuity Plan ("BCP")
Abel Noser's policy is to respond to a Significant Business Disruption (“SBD”) whether internal or external, by safeguarding employee’s lives and firm property, making financial and operational assessments, quickly recovering and resuming operations, protecting the firm’s books and records, maintaining the integrity of our clients’ privacy and allowing those clients to transact business.
This organization recognizes the importance of responding quickly and efficiently to unplanned events — whether natural, man-made or technological — by maintaining the safety of our staff and keeping our operations running smoothly as well as providing mission critical systems to our customers, partners, agencies, the media and the public in a timely manner.
Abel Noser’s primary concern is to ensure that the applications and information that drive our critical business processes are available when and where they are needed. To accomplish this, the firm has established an ‘out of area’ trading floor which houses a duplicate infrastructure and communications network that will enable the firm to continue to provide services during an emergency.
In the wake of Hurricane Sandy, which devastated much of the east coast in October 2012, we realized that we need more than one Disaster Recovery Site (“DR”). The firm’s DR Sites are now in two diverse areas and in two states. Our firm is prepared to run the business in the event there is a SBD at our main office site. All general and detailed documentation regarding Disaster Recovery is housed in the firm’s alternative location.
For additional information, please contact our BCP Coordinator Anthony Conroy at 646-432-4100.
Abel Noser management will assess the disaster to determine the appropriate action. Each member of our operating committee has the authority to call a state of emergency and to put in motion our disaster recovery plan. This plan is reviewed on a yearly basis, and updated as needed.