FAP USA, L.P. (the "Firm") has developed a Business Continuity Plan to ensure the Firm's preparedness and adaptability to respond to events that significantly disrupt our business operations. The Firm's Business Continuity Plan provides for variations in our response to an actual event since the timing and impact of disasters and disruptions are unpredictable. Please keep that in mind as you review the below information summarizing the Firm's Business Continuity Plan.
Our Business Continuity Plan - The Firm plans to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting our Firm's books and records, and allowing us to transact business. In short, our Business Continuity Plan is designed to permit our Firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our Business Continuity Plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical suppliers, contractors, bank and counter-party impact; regulatory reporting.
It is our Firm's practice to back up our electronic records on a daily basis and maintain these records in a geographically separate location.
Every emergency situation poses unique problems based on external factors, such as time of day, location and severity of the disruption.
In the event of an SBD involving the loss or destruction of its Main Office computer hardware equipment, our employees at this location would relocate operations to their homes. In the event of an SBD involving the loss or destruction of its Branch Office computer hardware equipment, employees at this location would relocate operations to their homes. Our Firm estimates that it will be able to resume normal business operations since technology is active from their home locations. In the event that the data servers located at our office location are unresponsive, our Firm's archived information would be obtained from hosted data archive provider. Our Firm estimates that it would take approximately three business days to fully restore data from the online archives.
In the event of an emergency situation which results in the loss or destruction of our file server, we estimate that it may take up to one business day to restore this system. In the event that the data servers located at our office location are unresponsive, archived information would be obtained from hosted data archive provider. Our Firm estimates that it would take approximately one business day to fully restore data from the online archives.
Varying Disruptions - Significant business disruptions can vary in their scope, such as only affecting Grace Building, 1114 Avenue of the Americas, New York, New York, a single building housing our Main Office, the business district where our Main Office is located, the city where our Main Office is located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe.
For more information - If you have questions about our business continuity planning, please contact:
Chief Compliance Officer
461 Fifth Avenue
New York, NY 10017
Tel:+1 646-582 5781