Contingency Planning
Kenneth J. Sole & Associates, Inc., is one of the leading Contingency Management Planning firms in the country.
Our process is designed and tailored specifically to your financial institution.
Our contingency plans are tailored to the specific needs and conditions of your organization, to ensure a strong impact and control as much risk as possible. We do not utilize “out of the box” or “canned” Disaster Recovery Plans, many of which will have no merit if your financial institution faces a crisis.
Our contingency planning process involves a detailed analysis of your operational infrastructure and is based upon Functional Prioritization coupled with established Recovery Time (RTO) and Recovery Point Objectives (RPO).
Methodology:
Obtain management commitment
Define scope and objective of contingency plan
Isolate critical business functions
Perform Risk Assessment (Critical, Necessary, or Optional)
Identify resources to be covered
Develop approved procedures
Test contingency plan
Document plan and test results
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Discover how Kenneth J. Sole & Associates, Inc. can propel your objectives forward and deliver tangible results to your organization.