Successful Business Continuity Plan Test

UniCredit Bank Hungary Zrt.
Summary: 
UniCredit Global Securities Services Hungary successfully tested its Business Continuity Plan on Saturday, 12 December 2015.
Mon, 14/12/2015

UniCredit GSS Hungary successfully performed its annual BCP testing on Saturday, 12 December 2015. As announced previously, this was an additional working day in Hungary with the banks and KELER group opened, thus enabling testing in live environment.

As part of the scope of the BCP testing procedures, key personnel of GSS was relocated to the primary back-up site, form where all systems were successfully reset and all Recovery Time Objectives were met during operating hours.

Impact on investors: As a result of the successful testing, UniCredit GSS Hungary’s specific BCP is fully operational and sufficient to restore core services within the set timeframes.