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Business Continuity Management
The Business Continuity Management (BCM) program at Strate is managed by
The ERM Division which:
- Oversees the establishment and maintenance of:
- Effective business continuity plans which are capable of supporting all core business activities of the depository;
- Identifying areas of weakness and, in conjunction with the relevant business resources, developing and testing appropriate business continuity capabilities;
- Provides effective co-ordination of all BCM testing to ensure that identified plans are, in fact, capable of supporting the relevant service and/or function and that the recovery time and point objectives can, indeed, be met; and
- Promotes awareness and preparedness across the organisation and with those parties with whom Strate has direct interfaces such as its Participants, the JSE and the Central Bank.
In recognition of its role in the South African financial services industry, Strate has
been particularly mindful of the obligation to ensure state-of-the-art preparedness
across all of its key services. Recent enhancements to the Strate network, and the
introduction of high levels of virtualisation across these services, ensure that
disruptions are kept to a minimum and that recovery from disruptions can be effected
with a minimum delay - often without any impact on downstream users.
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