Business Continuity Plan
We have adopted a business continuity plan to respond to the possibility of a future significant business disruption. As part of our plan, we have established back-up facilities and arrangements for our data and personnel. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. The following is a summary of how we respond to business disruptions of varying scopes:
We plan to quickly recover and resume business operations after a significant business disruption by making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers 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 supplier, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.
If the disruption is prolonged for any reason, we will continue to divert Customer calls to our backup call center. We will also forward Customer mail to the backup location so that we can respond to any written requests. We will post information on the website to update you regarding the nature of the disruption and the planned recovery time.
If, for any reason, the disruption is so significantly widespread that we are unable to carry on business at all, we will post instructions on our website letting you know how you can access your funds.
Beekman Capital Management Ltd will continually update this plan to make sure we are able to service your accounts in the event of all types of business disruptions. A written copy of the summary of our BCP is provided to customers at account opening, posted on the Firm’s website, and provided to customers upon request.
Although we have taken steps to develop detailed business continuity plans, unforeseen circumstances may create situations where we are unable to fully recover from a significant business interruption. However, we believe our planning and implementation process reduces the risk in this area. Our ADV Part II is available upon request.
If you have any questions, please call Mary Palmer at 914 776-3301 or email us at mpalmer@beekmancapital.com. Copies of this plan will be available on our website at www.beekmancapital.com.