JP Morgan Chase 2014 Annual Report Download - page 145

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JPMorgan Chase & Co./2014 Annual Report 143
The Firm has established comprehensive tracking and
reporting of resiliency plans in order to proactively
anticipate and manage various potential disruptive
circumstances such as severe weather, technology and
communications outages, flooding, mass transit shutdowns
and terrorist threats, among others. The resiliency
measures utilized by the Firm include backup infrastructure
for data centers, a geographically distributed workforce,
dedicated recovery facilities, providing technological
capabilities to support remote work capacity for displaced
staff and accommodation of employees at alternate
locations. JPMorgan Chase continues to coordinate its
global resiliency program across the Firm and mitigate
business continuity risks by reviewing and testing recovery
procedures. The strength and proficiency of the Firm’s
global resiliency program has played an integral role in
maintaining the Firm’s business operations during and
quickly after various events in 2014 that have resulted in
business interruptions, such as severe winter weather in the
U.S., tropical storms in the Philippines, and geopolitical
events in Brazil and Hong Kong.