Mon, Nov 24, 2014
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. Regulatory - Stringent rules for hedge funds make the financial system fragile[more]

    From FT.com: …It is one thing to impose a regulatory burden when there is a clear need to do so. Banks are underwritten by taxpayers via deposit insurance as well as the too-big-to-fail safety net; they need to be reined in, and if they shrink as a result, that may be welcome. But it is another thin

  2. Investing - Apple: Hedge funds are crazy about it, Greenlight Capital took stake in Citizens Financial after IPO, Tiger Global added to Hertz, exited Dollar General last quarter, Oberweis sells NQ Mobile stake as Valiant adds shares, Whitney Tilson sticks to losing bet on MagicJack shares, Brigade Capital backs €90m Quinn sale[more]

    Apple: Hedge funds are crazy about it From Techinsider.net: Apple Inc. is still the most popular stocks among hedge funds. According to a recent report by hedge fund tracking site Insider Monkey, more than one out of 5 hedge funds are invested in Apple Inc. At the moment there are

  3. Greenlight Re CEO says hedge fund reinsurance strategy buzz is validating[more]

    From Artemis.bm: The attention being paid to the hedge fund reinsurance business model and the fact that others are now looking to leverage bits of it within their own strategies, is validating for reinsurer Greenlight Capital Re, according to CEO Bart Hedges. There has been an increasing buzz

  4. Legal - Hedge fund manager fights £8m tax tribunal ruling[more]

    From FT.com: A hedge fund manager who may have to repay £8m in tax is trying to overturn a tribunal ruling that found he had attempted to shelter millions in an avoidance scheme. Patrick Degorce, chief investment officer at Theleme Partners, lost a tax tribunal case last year. HM Revenue & Customs c

  5. Europe - Hedge funds face exit tax as Iceland central bank discusses plan[more]

    From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca