In the fast-paced, volatile world of financial services, constantly maintaining normal business operations is crucial – even in the event of an unexpected disaster. Since we frequently work with our hedge fund and alternative investment clients on developing comprehensive business continuity plans (BCPs), we feel it is important to review and test our own BCP procedures on a regular basis to ensure they will meet our most current business needs in the event of a disaster.
A BCP table top exercise is an informal brainstorming session used to encourage participation from business leaders and other key employees. Once the scenario has been established, the members of the management team will break down what steps need to be taken (and in what order) to ensure all employees are safe and accounted for, communications are made to all necessary parties and the business remains operational.


Even just a few moments of downtime could be extremely costly, so it is essential that firms implement sound business continuity procedures. After this successful meeting, we thought it would be valuable to share some insights on the BCP table top exercise process with our readers to spotlight the importance of this activity. To this end, Lisa Smith - one of our certified business continuity professionals - and her team recently conducted a BCP table top exercise with our management team here at Eze Castle. Read our complete Manager's Guide to DR and BCP for a comprehensive overview on hedge fund business continuty best practices.


The group covers all of the actions necessary to ensure employees are safe and accounted for and the business can continue to operate.
BCP table top exercises are conducted to provide an example of how the management team would work together to get the organization through a disaster.




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