July 6, 1994
TO: OPERATIONS COMMITTEE NO. 14-94
ICI MUTUAL MEMBERS NO. 14-94
RE: INVESTMENT MANAGEMENT INDUSTRY DISASTER RECOVERY SURVEY
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The Investment Company Institute's Operations Department and ICI Mutual Insurance Company are
jointly participating in a long-term project to gather background information regarding management plans that
the industry has developed for re-establishing business operations following a disaster event.
Enclosed is a copy of a comprehensive survey that was developed based on data that was gathered from
industry consultants, commercial companies providing disaster recovery services, and Institute members who
have developed their own plans. The survey's structure incorporates recent developments in the disaster
recovery area and is designed to gather plan details not only for data communications recovery but for
operations and telecommunications recovery of specific critical functions such as transfer agency and portfolio
trading.
Please note that the survey is designed to be answered for the investment management complex as a
whole. We request that where appropriate, you coordinate your responses with others in your organization who
have disaster recovery responsibility for the critical functions identified and/or with the person(s) primarily
responsible for the disaster recovery function at your complex, including the development, implementation and
oversight of the plan. If your complex receives two copies of the survey we also request that Operations
Committee and ICI Mutual members coordinate their responses in completing the survey.
This survey is being conducted solely to gather facts and consolidate statistics on the industry's practices
in the disaster recovery area. All individual firm data submitted on this survey will be kept on a confidential
basis by the Institute and ICI Mutual Insurance Company. Please note ICI Mutual Insurance Company will
not utilize survey response information for the purpose of underwriting specific accounts.
Any questions you have regarding this survey may be referred to Kathleen C. Joaquin at ICI Mutual
Insurance Company at (202) 326-5465. Please complete and return by August 15, 1994 the enclosed survey to
the attention of:
Kathleen C. Joaquin
ICI Mutual Insurance Company
1401 H Street, NW, Suite 1100
Washington, DC 20005
Thank you for your interest and participation in this survey.
Donald J. Boteler Donald E. O'Connor
Vice President - Operations Executive Vice President
Investment Company Institute & Chief Operating Officer
ICI Mutual Insurance Company
Enclosure