Business continuity planning is a comprehensive approach to helping businesses continue functioning as efficiently and effectively as possible after a disruption that can be caused by any number of events - large or small. Man-made disasters, power failures, natural calamities, such as hurricanes, earthquakes or tornadoes, or problems with supply chain partners can all interrupt business operations, while terrorist events bring additional issues to the table.
Are You Prepared?
If you are a treasurer or chief financial officer, business continuity planning for your company's treasury function is essential to ensure that your company remains up and running through interruptions of any kind. To maintain normal cash transfers and settlement activities during a disaster or business interruption, it's important to work hand-in-hand with your banking partners, other financial institutions, suppliers and vendors.
At J.P. Morgan, our business continuity commitment extends beyond ensuring the resiliency of our own financial systems. We work with our clients, vendors and even with our competitors to help keep their systems up and running.
Take the First Step
We believe that the first step to ensuring business continuity is preparation. Don't wait until a crisis has occurred. Instead, use the guidelines here to help your treasury organization prepare to remain operational in the event of a business disruption: