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Rives, Leavell & Co. (RLC) has developed a Business Continuity Plan for the purposes of both internal and external business disruptions. Internal business disruptions can affect our firm's ability to communicate and do business, such as a fire in our building. External business disruptions prevent the operation of the security markets or a number of firms, such as a terrorist attack, a city flood, or a wide-scale, regional disruption. We recognize the importance of preparing for disaster scenarios and the importance of taking the necessary steps to provide for business continuity and contingency planning.
RLC's Business Continuity Plan identifies means by which the firm will respond to disasters including its ability to continue serving customer needs and providing access to funds and securities. RLC does not hold customer accounts and receives no customer funds or securities. In case of a significant business disruption, we will direct customers to Reliance Trust Company ("Reliance"), 1100 Abernathy Rd., 500 Northpark Building, Suite 400, Atlanta, GA.,30328, (phone: 404-266-0663: toll free phone: 800-845-4040/800-241-5569) regarding access to funds or securities.
Our Business Continuity Plan addresses the business units and information technology assets necessary to support operations critical to the firm. RLC relies on Reliance Trust Company to maintain backup facilities which are equipped and designed to sustain our critical operations until we can return to our regular facilities or occupy new facilities. Our Plan, in addition to the necessary facilities and technology supporting it, are regularly reviewed and adjusted as necessary.
The firm's response to business disruptions will be dependent upon whether utilities and the industry exchanges have been affected. In the event of any significant disaster, the firm will bring together resources to determine the course of action that will allow for efficient communication to clients and employees, while also ensuring clients access to their funds and securities.
We have developed this Plan to ensure that our business operations will go on so that we can fully serve our clients and employees in good times and in bad times. While RLC believes the above to be a fair and accurate representation of its Business Continuity Plan, it may from time to time amend or revise the Plan as necessary to support current business needs and developments.
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