Operational Resiliency Committee
The ICI Operational Resilience Committee is a forum of senior leaders from ICI member firms with responsibility for ensuring the resilience of critical business services at the enterprise level. The Committee’s mission is to promote the exchange of insights, experiences, and leading practices that enhance the industry’s ability to anticipate, withstand, and recover from severe but plausible disruptions. Recognizing Business Continuity Planning (BCP) as a foundational element of operational resilience, the Committee will also continue to address crisis management, technology recovery, third-party resilience, and regulatory expectations. Its work is intended to strengthen operational resilience, safeguarding the continuity of essential services to investors and the broader financial markets, while encouraging adaptive capabilities that promote market stability and investor confidence.
Key Issues of Interest
- Anticipate disruption
- Safeguard continuity
- Business resilience
- Business disruption
- Disaster recovery
- Extreme Weather
- Remote work
- Return to office
- Varying scope that could interrupt normal operations
Committee Meetings
The Operational Resiliency Committee holds committee meetings or conference calls as frequently as needed. As a result of the pandemic, presently members meet virtually or hold calls on a weekly basis.
Committee Members
Membership Information
Each member firm may have up to two representatives on the Operational Resiliency Committee.
Colleague Access
Colleague Access gives committee representatives the ability to designate co-workers (i.e., non-committee members) to view committee memos and materials online, receive notification of memos addressed to the committee via ICI Digest and participate in committee calls and meetings.
As committees may deal with confidential policy topics involving draft comment letters and conference calls, ICI limits the number of colleagues per firm who can be designated for Colleague Access. Only committee representatives (not alternates or substitutes) can activate Colleague Access, and colleagues must be employed by the committee member’s firm.
Operational Resiliency Committee representatives may designate a total of four individuals for Colleague Access.