Sat, Aug 1, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Eze Castle Integration advises funds to adopt disaster recovery plans

Tuesday, August 21, 2012

amb
Bob Guilbert
Bailey McCann, Opalesque New York:

Global hedge fund technology provider, Eze Castle Integration, has released a series of materials advising funds to take a more proactive approach to disaster recovery and business continuity plans. The firm created the Disaster Preparedness Knowledge Center in order to help hedge funds prepare for the upcoming hurricane and winter weather seasons, after extreme weather incidents earlier this year caused some funds to be out of business for several days until power was restored.

Disaster recovery plans are typically the responsibility of IT shops, as they primarily involve creating data backups and system redundancies in order to ensure that no information is lost in the event of some type of outage or disaster event. Business continuity plans differ in that they generally take a more holistic view of the business overall and include planning for issues like where to go in the event of a fire.

"When people hear the word disaster, they tend to think of the worst possible things, extreme weather, flooding, etc. But realistically, it can be something smaller like a significant comms room outage or a pipe bursting that can have a disastrous effect despite being relatively small compared to other types of disaster that could happen," explains Bob Guilbert, managing director at Eze Castle Integration, in an interview with Opalesque.

......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  3. Other Voices: Same day reporting and the evolving role of fund administrators[more]

    By: Scott Price, Head of Business Development and Client Management for North America, Maitland Ernst & Young’s latest glob

  4. Cowen Group, Inc. to acquire Conifer Securities[more]

    Cowen Group, Inc. and Conifer Securities, LLC had announced the signing of a definitive agreement under which Cowen will acquire Conifer Securities, the prime services division of Conifer Financial Services LLC. The transaction, the terms of which have not yet been disclosed, was approved by the boa

  5. Cargill’s Black River Asset to shut down four hedge funds[more]

    Komfie Manalo, Opalesque Asia: Cargill Inc.’s $7.4 billion Black River Asset Management said it was closing four hedge funds with a combined $ 1 billion in assets and start returning investors money over the next several months, various media said. The hedge funds represent 15% of Black River’

 

banner