Access Securities Business Continuity Plan (BCP)
Access Securities’ Business Continuity Plan (BCP)
Access Securities, LLC. has developed a Business Continuity Plan to provide procedures for response and recovery in the event of a significant business disruption. The purpose of the Plan is to identify responsible personnel in the event of a disaster; safeguard employees' lives and firm property; evaluate the situation and initiate appropriate action; recover and resume operations to allow continuation of business; provide customers with access to their funds and securities; and protect books and records. Please keep in mind that the impact and timing of a disaster is unpredictable and will therefore require us to be flexible in our reaction to the events as they occur.
Contacting Us
If after a significant business disruption you cannot contact us at our main number (800) 331-6171, you should call our alternative number (203) 322-3377 or go to our website for information (www.accesssecurities.com). If you still cannot access us, please contact our clearing firm Pershing LLC at general.customer.service@bnymellon.com or call 201-413-3333 for instructions.
About our Plan
The Plan has been designed to be implemented in the event of a disaster that results in a significant business disruption. The plan addresses: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees and regulators; alternate physical location of employees; regulatory reporting; critical third party impact; and assuring our customers prompt access to their funds and securities if we are unable to conduct business. Whether all or only parts of the Plan are implemented depends on the nature of the disruption. The Firm has designated an Emergency Response Team that is responsible for implementing necessary procedures included in this Plan. The Response Team's action will depend on the nature and scope of the disruption and addresses. The Firm maintains its books and records in both hard copy and electronic format. In the event of an internal or external significant business disruption that causes the loss of the Firm's records (whether hard copy or electronic records), back-up records will be recovered from the back-up site.
Our clearing firm, Pershing L.L.C., maintains important client records for the Firm under the terms of the clearing agreement and in a geographically separate area. Pershing has developed a disaster and recovery plan to recover and retrieve records lost in a disaster affecting the Firm and/or the clearing firm. The Firm has received assurance from Pershing that its plan is consistent with SRO rule requirements and provides adequate protection of customer funds and securities held on behalf of Firm customers and back-up and recovery systems for records retained by them. For more information on their plan and objectives please visit https://www.pershing.com/_global-assets/pdf/disclosures/per-business-continuity.pdf
While it is our goal to continue in business in any given situation, should the business disruption be so severe that it prevents us from doing so, we direct you to contact our clearing firm directly.
Access Securities’ BCP is subject to modification without notification to customers. A summary of the current or amended plan will be made available to customers on request. For further information please contact us at:
Access Securities, LLC.
30 Buxton Farm Road, Suite 310
Stamford, CT 06905
(800) 331-6171