Business Continuity and Disaster Recovery in Financial Services
Tenth Annual Conference
Thursday January 27th 2011
Thistle Marble Arch, London W1
Having weathered the worst financial crisis in a generation, financial institutions continue to face threats that demand highly professional business continuity planning. The recent air cargo bomb scare underlines the continuing terrorist threat, while the surge of cyber attacks has highlighted the increasing implications of hacker's strategies. Unexpected events such as the so-called "flash crash" in the US in May this year or the disruption of the LSE Turquoise trading platform in November pose another challenge for BC professionals.
Although dramatic in their impact it is the ongoing challenges that occupy most of the business continuity manager's time. For instance the degree of integration between business continuity and overall company security, or persuading the top management that business continuity management is a compelling area for investment in these straitened times.
The programme for this year's conference, now in its tenth year, aims to combine coverage of both the sudden high impact, events and the continuing work-a-day challenges. For the first time since these conferences began, there is a new Government so we open with some thoughts on politicians' perceptions of the role and importance of BCM. This is backed up later in the day by expert analysis of the current state of national security and resilience.
Additionally, the financial authorities' names and roles are going to be changing in the coming year; already the title 'Tripartite Group' has been dropped, so this gives new interest to the views of the FSA , the Bank of England and HM Treasury.
The practical impact of a sudden crisis on a wide area is now under more and more scrutiny, so two sessions are devoted to this experience, Exercise Orion, a major project across several southern counties, and a further one across the city of Manchester.
Financial institutions have always been aware of the need for a link between business continuity and security but there is now more concentration on the need to integrate the two. Similarly, the cyber threat to business continuity has long existed but is now at the forefront of official concern. Separate sessions are is devoted to these subjects. Finally the conference looks at how heads of business continuity can re-invigorate their roles in two sessions, one presented by an adviser to BP.
The day's programme will include:
- Business continuity in the political context
- Financial authorities panel
- Lessons from Exercise Orion
- Recent major failures of trading systems and their implications
- Integrating business and security within a major organisation
- Major cyber threats to firms’ security and business continuity
- National security and resilience in 2011
- The Manchester City wide exercise
- A new model for resilience and preparedness
- BCM: compliance or a compelling presentation
This conference should be attended by all business continuity managers in financial institutions and their advisers.
Chairmen
Rick Cudworth, UK Head of Resilience and Business Continuity Division, Deloitte
Andy Tomkinson, MBCI, Partner, Adtapt
Keynote speaker
Lord Cotter, Former Liberal Democrat Spokesman in the House of Lords on Business, Innovation and Skills
Regulatory panel
John Milne, Sector Manager for Financial Stability, FSA
Kathy McCarthy, Head of Business Continuity Unit, Bank of England
James Snook, Head of Financial Sector Resilience, HM Treasury
Speaker panel
Tim Armit, Managing Director, Clifton Risk Management
Lyndon Bird, Technical Director, Business Continuity Institute
Jeff Brooker, MBCI, Head of Security and Business continuity, HM Revenue & Customs
Tobias Feakin, Director, National Security & Resilience, Royal United Services Institute
Clive Furness, Managing Director, Contango Markets
Peter Jopling, Security Sales & Strategy Manager, Software Grp, IBM UK Ltd
Roland Trott, Group Business Continuity Management Adviser, BP
Roy Wilsher, Chief Fire Officer, Hertfordshire and Programme Director, Exercise Orion
Morning chairman
Rick Cudworth, UK Head of Resilience and Business Continuity Division, Deloitte LLP
08:15 Coffee and registration
08:55 Chairmen’s opening remarks
9:00 Keynote address - Business continuity and the political context
Lord Cotter, Former Liberal Democrat Spokesman in the House of Lords on Business, Innovation and Skills
09:30 The Financial Authorities
John Milne, Sector Manager for Financial Stability, FSA
Kathy McCarthy, Head of Business Continuity Unit, Bank of England
James Snook, Head of Financial Sector Resilience, HM Treasury
10:15 Lessons from Exercise Orion
- Testing the effects of countrywide significant earthquake
- A multi-agency exercise led by Hertfordshire Fire and Rescue Service
- Could your organisation cope?
Roy Wilsher, Chief Fire Officer, Hertfordshire and Programme Director, Exercise Orion
10:50 Morning coffee
11:10 Recent major failures of trading systems and their implications
Clive Furness, Managing Director, Contango Markets
11:45 Integrating business continuity and security within a major organisation
- Common objectives: managing risks by understanding what is strategically and operationally important
- Similar challenges: skills that consider protection to recovery; organisational designs to enable effective control across risks that include IT
Jeff Brooker, MBCI, Head of Security and Business Continuity, HM Revenue & Customs
12:20 Major cyber threats to firms' security and business continuity
- The growing threat from malware
- Detecting and responding by integrating change management within your infrastructure
Peter Jopling, Security Sales & Strategy Manager, Software Grp, IBM UK Ltd
12:55 Lunch
Afternoon Chairman
Andy Tomkinson, MBCI, Partner, Adtapt
14:00 BCI Update
Lyndon Bird, Technical Director, BCI
14:15 National security and resilience in 2011
Dr Tobias Feakin, Director, National Security & Resilience, Royal United Services Institute
14:50 The Manchester City-wide exercise
- The first independent simultaneous exercise of all organisations affected by a single incident involving Emergency Services, Council, University, Retail Malls, Banks and Communications
- The approach, how it was run and the lessons learnt
Tim Armit, Managing Director, Clifton Risk Management
15:20 Afternoon tea
15:35 A new model for resilience and preparedness
- Defining typical attributes
- Assessing and building enhanced capabilities
- The case for simulations and war games to understand probability, risks and strengthen preparedness
Rick Cudworth, UK Head of Resilience and Business Continuity Division, Deloitte LLP
16:10 BCM: Compliance or a compelling proposition?
Roland Trott, Group Business Continuity Management Adviser, BP
16:45 Chairman's summary and close of conference
This conference is accredited by both the Solicitors' Regulation Authority and the Securities and Investment Institute for 6 Continuing Professional Development Points