Counterparty Business Continuity Plan (BCP)

Pangaea will work with the client to develop a formal plan to rapidly exit one of their financing ¬†counterparties in response to a sudden event. ¬†The plan is a combination of preparatory steps and the development of a “playbook” that includes the following:

  • Identifying the critical personnel, data, reports and tools needed to manage the transfer of assets
  • Development of a detailed plan for transferring assets to other financing providers
  • 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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