Counterparty Business Continuity Plan (BCP)

Pangaea will work with the client to develop a formal plan for responding to a credit event affecting one or more of their counterparties.  The plan is a combination of preparatory steps and the development of a script (checklist) that includes the following:

  • Assessment of the efficiency of the client’s portfolio allocation to its financing providers (including Basel III considerations)
  • Identifying the critical data, reports and tools needed to evaluate and reduce exposure
  • Development of a detailed plan for moving the assets
  • Identifying and maintaining key contact lists for each provider
  • Communications plans for impacted counterparties
  • Crisis scenario sessions to test the Counterparty BCP

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