ID Number: G00145055



Banking and Investment Services BCM/DR, 2006
12 December 2006
 
Richard J. De Lotto   David Furlonger   Roberta J. Witty   Simon Mingay  

This report juxtaposes data gathered in 2006 by Gartner's Investment Services Advisory Research Service from U.S. investment banks with an industry-neutral survey conducted by Gartner's business continuity management/disaster recovery research community also in 2006.








*
Unavailable for individual purchase
For information on how to gain access to this and other documents,
click here.








Browse Topics


Other Options







Contact Gartner




For information on how to gain access to this and other documents, click here.
 You or your organization may already own this document. Register now to find out. Your Gartner Membership Administrator can supply the needed License Key(s).
You will not lose your document during registration.
Sign in here:
Username:

Password:
Forgot your username
or password?








This document is not available as part of your current Gartner subscription. For pricing and availability of the full document, please contact your Gartner account representative. Your account representative can also give you more information about your current subscription and other access options that may be available to you. If you do not have a Gartner account representative, call +1 203 316 1200 for assistance.

Table of Contents


    
 Analysis

1.0
    
 Background
2.0
    
 Corporate BCM/DR Program Characteristics

2.1
    
 Evolving BCM/DR Requirements

2.1.1
    
 Findings
2.1.2
    
 Implications
2.1.3
    
 Recommended Actions
2.2
    
 Control and Ownership of BCP/DR Programs

2.2.1
    
 Findings
2.2.2
    
 Implications
2.2.3
    
 Recommended Actions
2.3
    
 Budget Information

2.3.1
    
 Findings
2.3.2
    
 Implications
2.3.3
    
 Recommended Actions
2.4
    
 Audit

2.4.1
    
 Findings
2.4.2
    
 Implications
2.4.3
    
 Recommended Actions
3.0
    
 BCM and DR Plans

3.1
    
 Business Impact Analysis Practices

3.1.1
    
 Findings
3.1.2
    
 Implications
3.1.3
    
 Recommended Actions
3.2
    
 BCM Plan Scope

3.2.1
    
 Findings
3.2.2
    
 Further Findings
3.2.3
    
 Implication
3.2.4
    
 Recommended Actions
3.3
    
 DR Plan Status

3.3.1
    
 Findings
3.3.2
    
 Implications
3.3.3
    
 Recommended Actions
3.4
    
 Crisis Communications and Staff Notification

3.4.1
    
 Findings
3.4.2
    
 Implications
3.4.3
    
 Recommended Actions
3.5
    
 Recovery Time Objectives

3.5.1
    
 Findings
3.5.2
    
 Implication
3.5.3
    
 Recommended Action
3.6
    
 Instant Messaging, E-Mail and Calendar Backup and Recovery

3.6.1
    
 Findings
3.6.2
    
 Implication
3.6.3
    
 Recommended Actions
4.0
    
 Recovery Site Characteristics

4.1
    
 Hot, Warm or Cold

4.1.1
    
 Definitions
4.2
    
 Findings

4.2.1
    
 Implications
4.2.2
    
 Recommended Actions
4.3
    
 Use of External Services Providers for DR

4.3.1
    
 Finding
4.3.2
    
 Implication
4.3.3
    
 Recommended Actions

    
 Recommended Reading


List of Tables


Table 1.  
 Which BCM/DR Guidelines Have Affected IT in Your Organization?
 

Table 2.  
 Who Has Primary Ownership of BCM in the Organization?
 

Table 3.  
 Who Audits the BCM Process?
 

Table 4.  
 Types of Disasters for Which the Company Plans
 

Table 5.  
 Types of Issues for Which the Company Plans
 

Table 6.  
 Types of Impacts Affecting Firms
 

Table 7.  
 Status of DR Plans
 

Table 8.  
 Levels of Testing
 

Table 9.  
 Outcome of DR Tests
 

Table 10.  
 Recovery Time Objectives for Mission-Critical Business Functions
 

Table 11.  
 Longest Planned Outage
 

Table 12.  
 Work Area Recovery
 

Table 13.  
 Recovery Site Status
 

Table 14.  
 Line-of-Business Recovery Site Status
 

Table 15.  
 DR Service Providers
 

List of Figures


Figure 1. 
 DR Budget as a Percentage of Data Center Budget: 2003 Through Projected YE06
 

Figure 2. 
 Number of Months Kept for Instant Messaging, Calendars and E-Mail Backups
 



Browse Topics:
 
Security Management
Disaster Recovery
Business Continuity Management
Regulatory Compliance
Banking Business Strategies
Investment Services Business Strategies




© 2006 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner's research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.




Resource Id: 499400