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While the financial services has not been hit in the last year by any external events of systemic proportions, such as a large-scale act of terrorism or a flu pandemic, it has recently had to contend with the credit crisis, which has resulted in the temporary closure of a number of financial markets, such as the inter-bank money market, the leveraged loan market and the securitisation market. The resulting lack of liquidity has severely tested the business continuity plans of a wide range of financial institutions and caused the first run on a UK bank in over 100 years.
The last year has also seen a number of institution-specific incidents. In February, the failure of a DR server in New York caused an 800 point drop on the Exchange; while, at one point, one major bank in the UK experienced the complete breakdown of its ATMs. These are good illustrations of how mundane problem – drilling through an outside power cable, for example, or failure of the air conditioning – can have serious repercussions for an institution. With financial services, in particular, even the temporary failure of electronic support and information systems can have far-reaching, even international impact. Concern about these kinds of disasters automatically extends to concern about the business continuity plans of the suppliers of these systems.
Looking to the immediate future, the implementation of MiFID on 1st November is likely to set in motion significant changes to the structure of financial markets that will test the assumptions of many business continuity plans.
Now in its seventh year, this conference has become the premier forum for the discussion of business continuity and disaster recovery issues in the financial services sector.
This conference should be attended by business continuity managers in all FSA regulated financial institutions.
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 Confirmed Speakers
Conference Chairmen Tim Armit, Managing Director, Clifton Risk Management Rick Cudworth, Partner, Deloitte Jamie Jameson, MBCI, Principal Consultant, Link Associates John Milne, Head of Business Continuity Management, Financial Services Authority
Keynote Address Chris Duffield, Chief Executive, Corporation of London
Financial Industry, Infrastructure and Supplier Speakers Michael Brown, Group Security Manager, Callcredit, EuroDirect, GMAP Consulting Mike Errity, Director, Business Continuity and Resilience Services, UK, Ireland and South Africa, IBM Angela Hobley, Business Continuity Manager, Bank of England Alex Merriman, Executive Director, Wholesale and Regulation, British Bankers' Association Ron Miller, Managing Consultant, Sungard Availability Services Mike Osborne, Managing Director - Business Continuity, ICM Computer Group Antonio Padilla Carrique, Banco Sabadell Atlantico Kathryn Wakeman, Global Head of Resiliency Risk, EMEA, JP Morgan Chase Andrew Wallace, Chairman, APACS Cash Risks Group Rebecca Wallace, Resilience & Recovery Project Manager, Financial Services Authority Caroline Woolley, Team Leader, Forensic Accounting and Claims Practice, Marsh
Policy, Infrastructure and Business Continuity Industry Speakers Dr Sandra Bell, Director, Homeland Security and Resilience, Royal United Services Institute Pauline Cornwell, Membership Development Manager, Business Continuity Institute Steve Dance, Head of Consulting, Glen Abbot Rachel Hill, Project Manager, Flood Incident Management Tidal Thames Defences, The Environment Agency Angela Hobley, Business Continuity Manager, Bank of England Charlotte Hume, Crisis Solutions Allen Johnson, Managing Director and Consultant, Scenaris Ltd Rosie Murray, Consultant, Awareness Raising for Trauma Peter Power, Director, Visor Consultants Sue Stallard, MBCI, Partner, Adtapt Andy Tomkinson, MBCI, Partner, Adtapt Peter Viner, Director and Consultant, Scenaris Ltd
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