Safe Systems Launches Business Continuity Planning Application for Community Banks, Credit Unions
New application offers better way for banks to build business continuity plans
Alpharetta, Ga., Sept. 27, 2016 – Safe Systems, a national provider of fully-compliant IT and security services for community banks and credit unions, today announced availability of its new BCP Blueprint business continuity planning application.
BCP Blueprint facilitates and streamlines the continuity planning process to help community financial institutions meet regulatory expectations and recover from possible disasters in a timely and efficient manner. BCP Blueprint eliminates the burden of having one individual in charge of developing the entire business continuity plan by helping financial institutions move to a more collaborative enterprise-wide process.
The application easily guides banks through the enterprise modeling process by helping the BCP administrator outline key activities, services, and applications. Administrators then assign their department heads tasks such as evaluating risk, determining appropriate recovery times, and detailing alternate procedures for critical functions. The BCP administrator can then review this pool of provided information to determine the appropriate recovery priorities and rank the importance of underlying interdependencies.
“Business continuity planning has become a very time consuming yet necessary part of operating a successful financial institution today. With increased examiner scrutiny, banks must find a more efficient way to handle the BCP process to successfully meet regulatory demands,” said Darren Bridges, president of Safe Systems. “In an effort to assist community banks and credit unions with this complex process, we developed a business continuity planning application, BCP Blueprint, to guide the BCP process, meet regulatory requirements, and ensure financial institutions are well-equipped to recover from disruptions quickly and efficiently.”
With BCP Blueprint, banks can perform a business impact analysis more efficiently, identify major categories of risk, and determine Maximum Allowable Downtime, Recovery Time Objectives, and Recovery Priority benchmarks. BCP Blueprint automates many of the BCP processes that were previously done manually, eliminating the need for cumbersome spreadsheets and time consuming data gathering. The application also integrates seamlessly with Safe Systems’ vendor management solution, allowing banks to automatically transfer third-party vendor information into the plan. In addition, BCP Blueprint’s comprehensive reporting capabilities enable banks to remain up-to-date on the status of the business continuity plan, easily manage required updates over time, and track changes for support of future exams.
Additionally, BCP Blueprint provides the option of leveraging Safe Systems’ compliance consulting services to assist with the development of the plan. For more information, please download our complimentary white paper, Taking Business Continuity Planning to the Next Level: A Better Way for Banks or attend our upcoming webinar.
About Safe Systems
Safe Systems was founded in 1993 to provide compliance-centric IT and security solutions exclusively to financial institutions. The company has become one of the leaders in the industry, managing hundreds of financial institutions representing more than $61 billion in combined assets, 1,100 locations and more than 20,000 network devices. Safe Systems’ IT network management services are the bridge between the core and other third-party applications. These cost effective solutions include IT support and managed services, internal network/cloud design and installation, hosted email, business continuity and disaster recovery, compliance consulting, security services, and IT and compliance training. Safe Systems helps financial institutions to significantly decrease costs, increase performance, and improve their compliance posture. For additional information about Safe Systems, Inc., please visit www.safesystems.com or call 877.752.0550.