|
|
 |
|
|
|
 |
| Main Phone: |
(212) 209-9300 |
| Main Facsimile: |
(212) 209-9427 |
|
|
|
|
|
 |
|
|
|
|
|
|
|
|
|
Mizuho Securities USA Inc. (“MSUSA”) has developed and implemented a Business
Continuity Plan (BCP) designed to address and mitigate the potential consequences
of a significant business disruption.
Our BCP is intended to permit the temporary continuation of the key parts of
our business despite the occurrence of a significant business disruption with
a goal of recovering the key aspects of our business within twenty four hours
or less. Our BCP also is designed to safeguard employees, protect our books
and records, and provide ready access for our clients to any securities and/or
funds in the custody of MSUSA’s bank depositories in the event that we are unable
to achieve a timely recovery.
Our BCP tries to anticipate the various types of events that could interfere with
our ability to operate on a normal basis. Staff have been assigned to specific
recovery responsibilities and trained in special procedures to be followed should
an event occur that could cause a disruption to occur. MSUSA has deployed an
overlapping communications triangle that connects three geographically diverse
locations to ensure flexibility and redundancy in our ability to communicate
internally and externally. All mission critical systems have been duplicated in
each of our data centers with data backed up electronically on a near synchronized
basis at locations over 700 miles apart and also duplicated in physical form and
sent to secure off-site facilities at the end of each business day. We also have
deployed redundant communication lines from multiple locations with industry
utilities, information providers, and clearing organizations. We have established
alternative methods to communicate with our employees, clients and regulators.
We believe that our BCP meets or exceeds all industry standards and regulatory
requirements. We further believe that we have implemented reasonable and prudent
measures to overcome or at least mitigate the consequences of an event that would
otherwise interfere with the normal course of our business. However, because it is
not possible to anticipate the nature, scope, impact and consequence of every
possible business disruption, MSUSA does not represent or guaranty that it will be
able to continue or resume business operations within any specified period of time
under all circumstances.
Our BCP is subject to periodic modification. The updated summary of our BCP will
be posted on our website at www.mizuhosecurities.com. A copy of the summary of our
BCP is available upon request by writing to Mizuho Securities 1251 Avenue of the
Americas, 33rd Floor, New York, New York 10020, Attn: COO.
|
|
|
|
