Clients to BCP Vendors: 'Can You Do It All?'
Ever since the terrorist attacks of Sept. 11, 2001 made disaster recovery and continuous availability top concerns for Wall Street, business continuity planning (BCP) products and services have been maturing rapidly. And while the demand for such solutions had been slowing, say observers, new cost concerns and an integrated approach to risk are reigniting interest.
While business continuity brings to mind blackouts, earthquakes and hurricanes, the recent market volatility may be the latest factor pushing the need for BCP software. "The two most frequent causes of application failures or slowdowns in anybody's financial system is a coding error that has gone untested or undiscovered, or a capacity issue," says Jim Grogan, VP of consulting and product development at SunGard Availability Services, a division of Wayne, Pa.-based SunGard Data Systems. "Systems are generally not architected to run at more than 70 percent of their capacity before unusual things start to happen."
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