General Outline
Princeton Value Partners (PVP) is dedicated to the continuity of its critical business processes. In the event of an incident resulting in a significant disruption of PVP’s business, PVP has implemented a business continuity plan (BCP) designed to permit the firm to continue its business operations with minimum disruption.
The BCP identifies the key components for recovery of business operations and deals with emergency response activities, emergency recovery, and rehabilitation of damaged facilities and materials. In that spirit, we are committed to ensuring the continuation of services to PVP’s clients, even when events occur that could potentially disrupt our business.
Elements of the BCP include: offsite mirroring of systems that have been designated mission-critical. For those functions that are outsourced to a third party, conducting periodic due diligence on the business-continuity capabilities of our key service providers.
Other Elements of the BCP
Plan procedures include, but are not limited to, the following:
- Identification of time sensitive functions, critical functions and services to sustain operation;
- Guidelines for continuing, restarting or resuming operations in the event of a business interruption;
- Interactions with clients, vendors and/or regulators;
- Systems recovery priorities;
- Identification and documentation of internal and external dependencies;
- Recovery tasks by function