INDEPENDENT CASE STUDY

CASE STUDY Atlantic Finance is a leading accounting and financial services firm based in the Caribbean. They currently have an outstanding team who puts their clients needs first at every turn. The difference in their way of doing business, and that of others in their industry, is remarkable. Atlantic Fiinances practice includes consulting, accounting, tax & compliance services, auditing & assurance and wealth planning. They are supremely devoted to their clients welfare and success, pride themselves on being trusted advisors, and, over the years, have reaped what theyve sown.

ISSUE Atlantic Finance had been growing significantly for a number of years and, in many ways, had outgrown their core technology. Atlantic Finance was facing an ever-increasing business need for redundancy, disaster recovery, and, like most businesses worth their salt, an always-on, always-available system for them and their clients. Atlantic Finance also had a serious need for a reliable, secure data backup solution.

APPROACH External IT Risk Managers (ITRM) conducted a comprehensive IT-Health Assessment and strategy study. They analyzed, evaluated, and made recommendations for all aspects of their technology environment. These areas were evaluated from an operational, financial and strategic perspective. The assessment charted a path forward for Atlantic Finance in which theyd realize more value from their technology. These IT Risk Managers also put special emphasis on their data backup and recovery needs.

RESULTS ITRM completed a technology refresh, utilizing leading technology solutions, VMware, Cisco and EMC. They also implemented its Managed IT Service solution. One of the key IT Risk Managers managed service offerings that gives Atlantic Finance peace of mind is an off-site data backup and business continuity solution. This solution backs-up Atlantic Finances data continuously throughout the day to redundant data centres. In the event of a failure or disaster, the data can be recovered quickly and the backup appliance can act as redundant file and system server. The real result: Atlantic Finance can concentrate all their efforts, even that of their IT team, toward improving outcomes for their clients.

Deliverable: Prepare a well-defined prioritized catalogue of risks that ITRM would have produced during their assessment. Assumptions would have to be made. Describe how the governance of Risk Management into the Atlantic Finances governance structure can establish momentum, facilitate communication, and organize structure.

WORD COUNT: minimum 2000 words