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Strohl Systems launches PLANet 2.0

Get free weekly news by e-mailIn 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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