In the event of a disaster, TAP intends to continue to maintain business relations with its clients to the extent applicable. Given the nature of the business and our disaster recovery testing results, we anticipate being able to recover from a disaster within two to four hours. In the event that a disaster affects the operation of our current location, the employees of TAP will conduct business from their home offices. In addition, TAP has implemented back up storage facilities to facilitate business recovery.
In the event that business operations are affected, clients of TAP may reach an employee of the Firm by contacting Frederick Davis Terry at 917.806.6135.
TAP maintains a Business Continuity Plan that provides a course of action for the assessment of a significant disruption to Firm business and for the continuation of Firm business following such an event. The Business Continuity Plan consists of firm-wide disaster recovery plans and includes a plan of coordination and communication in the event of a significant disruption to our business. During such an event, the plan would oversee the re-establishment and continuation of business processes pursuant to the Business Continuity Plan. The Business Continuity Plan establishes the evaluation of the disruption, instituting the appropriate plan of action, and coordinating recovery efforts.
The Business Continuity Plan is designed to address significant business disruptions of varying scope including, but not limited to:
TAP-only business disruption.
Disruption to TAP’s main office in which business is conducted
Disruption to a business district in which TAP business is conducted.
City-wide business disruption.
In each of these scenarios, TAP’s Business Continuity Plan provides for an evaluation of the scope of the business disruption, and sets forth various plans of action and recovery facilities for the continuation of the Firm's business, as well as alternative means for the dissemination of information to employees and clients. The Business Continuity Plan serves as a guide that addresses how TAP will continue to conduct business during each of the above scenarios, to the extent that is possible pursuant to an evaluation.
It is TAP’s intention to minimize the recovery time necessary to resume operations. Clients should be assured they will have prompt access to TAP through adequate back-up systems.
The Business Continuity Plan is subject to modification based on changing circumstances and assessment of need.