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In
response to federal business continuity planning regulations and
guidance, Strohl Systems has released a new version of its Web-based
PLANet business continuity planning tool for credit unions and community
banks. PLANet 2.0, now with a business impact analysis and a testing
module, enables users to completely meet Federal Financial Institutions
Examination Council (FFIEC) and National Credit Union Administration
(NCUA) requirements.
The award-winning PLANet allows community
banks and credit unions, which may have minimal resources or expertise
to devote to BCP, to build and maintain compliant plans quickly
and easily. The Credit Union National Association (CUNA) and other
financial organisations endorse PLANet.
The new BIA questionnaire, when coupled
with PLANet's existing risk assessment module, can provide a complete
picture of an organisation's operational and financial vulnerabilities.
It can help the financial institution develop appropriate and effective
strategies for recovery following business disruptions. The new
‘Test My Plan’ module guides organisations through the
steps of setting goals for each test plan, assigning processes,
employees and resources to the test, recording any problems encountered
during testing, and recording test results.
"PLANet has been our fastest growing
service with nearly 400 financial institutions using it to build
their plans and manage business disruptions," said Brian Turley,
President of Strohl Systems. "This newest version of PLANet
provides community financial institutions with a comprehensive plan
that is exactly what government auditors are now requiring."
Additionally, PLANet 2.0 has 10 new recovery
scripts, three new recovery roles, 33 new reports, enhanced document
management capabilities, a streamlined importing process, many new
fields, and security access settings to manage multiple users.
www.strohlsystems.com

•Date:
26th January 2005 • Region: N.America/World •Type:
Article •Topic:
BC software
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