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BCP News

No Recovery
Failsafe Singapore closed its doors 24 January 2003. We hear that customers looking for a new recovery site include ABN-Amro Bank, CS First Boston, West LB, Sony, Goodyear and Singapore’s financial industry regulator.

7 Degrees of Separation?
Singapore’s Monetary Authority has released seven BCP guidelines for financial institutions. Recommendations to separate functions geographically may be controversial. In a country only 25 miles wide, how far is far enough? Read the Consultation Paper at www.mas.gov.sg.

Thailand
We visited Metro Systems in Bangkok and were impressed by their recovery facilities. Located one hour by public transportation from Bangkok’s financial district, Metro Systems offers work area and call centre seats on its large corporate campus.

India
Click here for Economic Times coverage of HP-sponsored breakfasts on BCP in Mumbai and Bangalore in January; Forbes was a presenter. Click here to download Frost & Sullivan India’s presentation at the same event about the current status of BCP, including statistics on preparedness and financial losses in a disaster.
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