Disaster Recovery Plans (DRP) is comprehensive statement of actions to be taken before, during and after a disruptive event causes loss of availability of Information Systems. The differences between Disaster Recovery Plans and Business Continuity Plans are not very clear in actual usage. Technically the Business Continuity Plan (BCP) refers to the means by which loss of business may be avoided and it ought to define the business requirements for continuity of operations. Technically, the Disaster Recovery Plan (DRP) deals with the restoration of computer systems with all attendant software and connections to full functionality under a variety of damaging or interfering external conditions.
In daily practice Disaster Recovery often refers to major disruption, such as a flooded building, fire or earthquake disrupting an entire installation. In short we can say that Disaster Recovery Plans addresses the procedures to be followed during and after the loss where as BCP is the preemptive process put in place in preparation for the handling of a disaster. Recovery (post-disaster): The steps required for the restoration of all systems and resources to full, normal operational status.
Who can deliver pre-configured replacement systems to any location within a fixed timeframe).
The primary objective of Disaster Recovery Plan (DRP) is to enable an organization to survive a disaster and to continue normal business operations. Although statistically the probability of a major disaster is remote, the consequences of an occurrence could be catastrophic, both in terms of operational impact and public image.
Develop and implement contingency plans that address both immediate and longer-term needs for the Data Centre and other business facilities.
There are several different types of testing method are available to test the Disaster Recovery Plan which can be used when testing a DRP.
So, DRP testing is required to test these key objectives and ensuring that our Disaster Recovery Plan will be work at the time of any disaster occurs.

Hedge funds and investment firms must react swiftly, methodically and successfully when confronted with unexpected business disruptions or else risk significant financial loss. Effective Business Continuity Planning (BCP) can help minimize financial loss and the negative effects of disruptions on a hedge fund or investment firm’s strategic plans, market position, operations, and reputation. Eze Castle’s Business Continuity Planning Services (Eze BCP) extend beyond technology to focus on critical operations and processes that hedge funds or investment firms must have available if a disaster strikes. This combined expertise means a client gains a custom, comprehensive BCP plan developed and managed by professionals that understand the client’s business. Learn more about Eze Castle's business continuity planning service and how our certified BCP experts can prepare your firm for a disaster.
This guidebook is designed to help hedge fund managers of all sizes develop an understanding of both the BCP and DR planning processes. Our business continuity consultants will identify and prioritize potential business risks and disruptions based on severity and likelihood of occurrence.
Eze Castle’s hedge fund BCP experts will collect information on a wide range of areas from recovery assumptions and critical business processes to interdependencies and critical staff. Development of recovery point objectives and recovery time objectives for critical functions (e.g. Our certified business continuity planners will create department, division and site level plans for your business.
Business continuity plans are living documents and must be updated annually to ensure they account for changes within the firm as well as any changes in risk scenarios.
Primary objective is to provide an alternate processing site and return to primary site within a minimal time frame when ever any disaster occurs in the information systems. In daily practice Business Continuity often refers to disaster recovery from a business point-of-view, or dealing with simple daily issues, such as a failed disk, failed server or database, possibly a bad communications line.

This pre-planning also maximizes the ability of an organization to recover from a disaster. Continuity measures prevent the whole organization from folding by preserving essential systems and resources. Management appreciates the implications of an occurrence; therefore, it should assign on-going responsibility for recovery planning to an employee dedicated to this essential service. The simulation test is important so that employees know what to do when a disaster actually occurs. This level of response requires extensive business continuity planning to ensure all aspects of a firm’s business are evaluated and protected. Our Eze BCP consultants are certified experts in business continuity planning and possess deep knowledge of the unique operations of financial services firms.
And our hedge fund business continuity consultants work with clients to address the full spectrum of BCP. Whereas the Business Continuity Plans (BCP) suggests a more comprehensive approach to deal with the restoration of computer systems with all attendant software and connections to full functionality under a variety of damaging or interfering external conditions that businesses face from time to time.
It is often referred to as the measure of lost time in an application, possibly a mission critical application. Throughout the recovery effort, the plan establishes clear lines of authority and prioritizes work efforts. The company may decide to do a full interruption test while doing a simulation test, but that really depends on if the company has the type of budget that will allow for this type of testing.

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