Oct
23
What is 'recovery time' in IT disaster recovery?

Warning: one man’s understanding of ‘recovery time’ is rarely the same as the next man’s. Why is this dangerous? Because the longer your business is without IT systems and data, the worse the impact on your business. So you need to understand exactly when to expect what from your IT disaster recovery.

Oct
9
At last! Financial services companies hail trust in packaged cloud

As predicted by technology analysts at Gartner and Ovum, cloud adoption by financial services companies is on the increase. According to our September survey of 237 directors and managers, nearly one in every five (18%) financial services companies is today using cloud services to protect their IT. So what exactly has brought about this change? And what does it mean for the financial services sector?

CASE STUDY - Pactum Asset Management

When asset management firm, Pactum, got the green light for their office move, they had to work quickly. They needed to find a fully integrated IT solution that would allow staff to work and collaborate remotely. To comply with stringent Financial Conduct Authority (FCA) regulations, they also needed business critical security and disaster recovery.

Cloud Direct’s packaged cloud services ticked all their boxes. They removed 90% of Pactum’s IT responsibilities, saving time and money. It even integrated with Bloomberg.

It was the only such solution Pactum could find.

Oct
7
Four critical reasons why financial companies prioritise disaster recovery today

Financial organisations are increasingly reliant on IT. Regulatory bodies like the Financial Conduct Authority (FCA) encourage the financial sector to take action to protect their IT systems, and they specify the standard of disaster recovery expected. But technology moves fast. Data and services are growing too. Hence our extreme dependence on IT systems. But what if we’re hit by flood, fire, a computer virus or corruption due to upgrades?

Oct
2
Four repellent repercussions of failing to test your business continuity plans

A slow recovery from IT downtime can kill a business. And the slower the recovery time, the greater the financial impact. Plus there’s the effect on your business reputation. Find out here why it’s so important to regularly test your business continuity and IT disaster recovery plans.

Sep
25
10 key components of a business continuity plan

In violation of Financial Conduct Authority (FCA) regulations, thousands (15%) of financial services companies don’t have a business continuity plan in place. This is despite strict FCA demands that financial services companies are able to maintain core systems if the worst should happen. Here are 10 essential areas to address when you’re writing - or simply refreshing - your business continuity plan.