MF Global Disaster Recovery Summary
The purpose of this document is to summarize the MF Global Business Continuity
and Disaster Recovery plan. The plan is designed to identify the strategies,
resources and actions necessary to resume essential business function for
critical operational units (departments), in the event of an unplanned disaster
or loss of facility. The plan has been developed, documented and exercised to
ensure a full business recovery including implementation, course of action and
contingency planning.
Dedicated recovery site, regionally located.
Dedicated generators that supply power for continuous operations.
Real-time recovery built for critical applications and servers.
Telecommunication strategy devised to switch both voice and data the building
management conducts semi-annual building evacuations and these procedures are
also located within the corporate disaster recovery plan. Home-based computer
access is available to key MF Global employees.
Our Contingency Planning program includes plan development, plan maintenance and
project management.
Plan Development
Plan Development includes plan creation by the corporate disaster recovery
coordinator with assistance from each business unit's disaster recovery
coordinator.
Each plan's data summary includes the following elements:
- Processes
- Supplies
- Teams
- Telecommunications
- Reporting structure
- Assets
- Employees
- Vital records
- Call lists
- Workstations
- Vendors
- Documents
- Customers
- Scripts and procedures
- Software
- Exercise results
- Equipment
Plan Maintenance
Plan Maintenance consists of ongoing maintenance and
enhancement activities, including at least two exercises per business unit per
year. Additional exercises can be scheduled if the business unit requires it.
The Disaster Recovery Coordinator and each business unit recovery team conduct
their exercises and make modifications to their plans between exercises.
Project Management
Project Management involves comprehensive project
management assistance during the initial and subsequent plan maintenance phases
of the project.
The business unit head(s) are responsible for the
signoffs on completed and approved disaster recovery plans.
The corporate requires that the Board of Directors sign
off on the contingency plans.
MF Global Management team and staff committed to
maintaining and improving comprehensive disaster recovery and business
continuity planning. The recovery plans are workable documents designed to
provide immediate and subsequent recovery from any unplanned business
interruption.
The following list covers the type of unplanned business
disruptions:
- Firm-only disruption
- City-wide business disruption
- Regional disruption
- Business district disruption
- Building only disruption
Registered Office : MF Global Ltd., Clarendon House, 2 Church Street, Hamilton,
HM 11, Bermuda
