Disclosures
Business Continuity Plan Disclosure Statement
Overview
XT Capital Partners LLC (“XT Capital;” “the Firm”) has created and
implemented a business continuity plan (“BCP”) in an effort to mitigate the
effects related to unforeseen business interruptions. This BCP is designed
to enable the Firm to continue or resume its third party marketing services
in the event of an emergency or significant business disruption (“SBD”).
Communications and locations of Employees during a disruption
In the event of an SBD, XT Capital will communicate with its employees in
several different ways. The Firm will employ a calling tree, which would be
implemented by management in the event of an SBD. The BCP also addresses the
relocation of staff to alternative back-up locations. Recovery time for most
of the applications involved in the Firm’s services and relocation to
alternate locations are expected to range from immediate to 24 hours.
Communications with Customers
XT Capital currently communicates with its clients using the phone, email,
fax, US Mail, its website, and in person. In the event of an SBD, XT Capital
will assess which means of communication are still available and use the
means closest in speed to the means used in the past. Additionally, if all
traditional means of communication are not available, XT Capital will post
emergency contact information and instructions on its web site (www.XTCapital.com
) regarding access to XT Capital representatives.
Books & Records
XT Capital maintains its hard-copy books and records and electronic records
primarily at its Main Office and back-up books and records at alternate
locations. If records are lost as the result of a business disruption or for
any other reason, XT Capital has the means to physically recover data from
both physical and electronic back-up locations.
Vendors and Counterparties
XT Capital’s BCP may need to rely upon the recovery and restoration of
services provided by various critical business constituents both at its
primary and alternate locations. XT Capital has considered the extent to
which the Firm may be able to depend upon these business relationships
during an SBD as a part of its decision to do business with the
constituents. Where possible the Firm has engaged and/or vetted alternate
arrangements in order to avoid business disruptions in the case of a
business constituent not being able to provide needed goods or services in
an emergency.
Disclosure
XT Capital’s BCP is designed to address the continued operation of the Firm
in the event of an emergency situation or SBD. However, all risks of
business interruption cannot be eliminated and XT Capital cannot guarantee
that systems will always be available or recoverable following an SBD.
Furthermore, XT Capital has no control over and must rely upon the disaster
recovery plans of its various critical business constituents and vendors. In
the event that material changes are made to this BCP, XT Capital will send
an updated copy to all of its clients.
The information contained in this disclosure is provided by XT Capital for
informational purposes only, and nothing contained herein shall be construed
to amend, supplement or otherwise modify any of the terms and conditions set
forth in any customer agreement between you and XT Capital.
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