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Only 17% of businesses use electronic document storage as part of disaster recovery plans, despite 82% admitting importance

July 27, 2015 - Only 17% of UK organisations have incorporated electronic document storage into their disaster recovery (DR) plans, although 82% admit the need to do so is either 'critical' or 'very important' to maintain business continuity. These are the findings of a new survey by global business automation software provider, V1, carried out among senior IT and finance professionals from 92 organisations across the public, private and third sectors.

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MetricStream Partners with Everbridge to Deliver Business Continuity and Critical Communications App for Modern Global Enterprises

June 10, 2015 - MetricStream's Business Continuity Management App integrates with the Everbridge Unified Critical Communications platform to provide users an effective solution for end-to-end business continuity and disaster recovery management.

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European Banking Authority adds IT risk to 2015 agenda

April 16, 2015 - The European Banking Authority (EBA) today published its annual assessment of EU colleges of Supervisors, responsible for the oversight of cross border banks.

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Digital and core renewal to drive bank IT budget growth

April 15, 2015 - Global retail banking IT spend is set to reach $131 billion by the end of 2015, driven largely by investment in mobile and digital channels and core platform renewal, according to figures from analyst house Ovum.

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Iosco consults on business continuity plans for trading venues and intermediaries

April 7, 2015 - The International Organization of Securities Commissions (IOSCO) today published two consultation reports aimed at further enhancing the ability of financial markets and intermediaries to manage risks, withstand catastrophic events, and swiftly resume their services in the event of disruption.

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BofE rapped over crisis management failings in RTGS breakdown

March 25, 2015 - The Bank of England has been told it needs to improve contingency arrangements and strengthen its crisis management framework following an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last year.

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