In an increasingly interconnected world, it’s imperative for you to rethink contingency planning. Transformed global business and operations strategies add new interruption risks to risk portfolios. Building resilient and recoverable operations is more difficult to implement when time is precious and challenges are approaching.
PwC’s business continuity planning solutions help you identify, prepare for and prevent events that may disrupt business activities. Working with us, you can develop the plans needed to recover efficiently and effectively including program assessment, implementation, testing, maintenance and training.
Understanding today’s drivers is the first step when planning a business continuity program
Recent industry interruptions
Cyber events and natural disasters have sparked the need to develop more robust recovery plans.
Third-party resiliency
Regulatory guidance now requires transparency into critical third-party resiliency. Third parties may include call centers, IT providers and back office services.
Being a resilient supplier/partner
Regulators and partners are seeking insight into resiliency plans to assure fund availability and portfolio integrity as well as their relative priority during crisis events.
Focus on enterprise-wide governance, risk management and compliance (GRC)
Organizations are increasingly focused on integrated risk and compliance management to reduce compliance cost and provide better risk insight.
Reduced tolerance for downtime
Customers demand 24/7 access to products and services. The new technology has high availability requirements to provide competitive and customized service offerings. Regulators' tolerance for critical system downtime is also diminishing.
Crisis management and social media
Quick identification and internal/external response to crisis events can protect and increase brand value
Developing operational resilience and business continuity
PwC’s business continuity planning solutions will help you develop operational resilience and business continuity that is scalable and that enables your company to prioritize investments.
Some of our solutions include:
- BCP program assessment and design
- Business impact analysis and interruption risk assessment
- Recovery strategy selection and implementation
- Recovery plan creation and resiliency improvement
- BCP program exercising, maintenance and training
- BCP program technology enablement and enterprise risk management integration
- Third-party resiliency framework and analysis
- Crisis management program development and exercises
- IT disaster recovery and BCP program alignment and analysis
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