Business Continuity Contingency Arrangements

From Open Risk Manual
Revision as of 14:22, 16 March 2020 by Wiki admin (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)


Business Continuity Contingency Arrangements are the provisions set in place ex-ante to help mitigate the impact of a Business Disruption event. These will be typically part of a Business Continuity Plan


The type of contingency arrangements will depend on the nature of the organization and its business and may include:[1]

  • Hot Site
  • Cold Site
  • Buddy Organizations (within the sector)
  • Split-Operations
  • Work from Home Arrangements
  • Prioritization of services/operations


  1. Business Continuity Planning and Crisis Management, FRBNY, 2015