September 30, 2004
Alamo Capital, provide financial services using computer and telephone
systems. The events of September 11, 2001 emphasized the importance
of the capital mark ets to our economy. As a result, we have been
working on improving our responses to various situations that have
the potential to impact our ability to serve you. This disclosure
document is designed to provide you with information on how we have
approached and/or plan to approach various situations that we may
encounter.
Overview of Alamo Capital
Alamo Capital, a Member Firm of the NASD, SIPC and MSRB is a full-service
brokerage firm providing customers with execution services on all
major exchanges and access to all major mark ets. These functions
are provided primarily in Walnut Creek , California with various
broker, and trading systems.
Our business continuity planning ("BCP") first insures
the safety and security of our employees. The events of 9/11 emphasized
the unique skill sets of personnel who work in our industry and
the need to put their safety first so that after an interruption
they are able to continue serving our customers. In addition to
protecting our personnel, our BCP and daily operations are focused
on preserving our critical firm and customer data through daily
back ups which are then moved off-site via media and/or real time
and near real time electronic copies of our data at remote locations.
Our industry is heavily interconnected with data connections ranging
from dial-up modem communication, dedicated private lines, and in
many cases, the Internet through encrypted sessions.
Business Continuity Planning Response Scenarios
The details of our BCP are proprietary and contain information
which is confidential and in many cases potentially harmful to Alamo
Capital and our customers if publicly available. The following series
of scenarios are presented to disclose to you our planned approach
for dealing with a variety of hypothetical Significant Business
Disruptions (SBD's), but based on the number of variables present
in each situation. Alamo Capital can not guarantee we will follow
these procedures.
Scenario 1: An event occurs, like 9/11, which causes the complete
shut down of securities trading, clearance/settlement or other banking
services nationwide.
Alamo Capital plans to continue business during this type of event
and will await the reopening of the affected institutions. Unless
a securities industry holiday is declared, we plan to be open each
business day until full functionality is restored. The recovery
time in this scenario will be dependent on the timing specified
by the impacted organizations. We plan to be ready to open when
they reopen.
Scenario 2: A specific exchange is unable to trade. (nationwide)
Alamo Capital plans to continue business during this type of event
and will route order flow to alternative exchanges. Our recovery
time objective for this scenario is less than one hour.
Scenario 3: Our headquarters location is closed. (Single building,
city wide, business district)
Alamo Capital plans to continue business during this type of event
and will transfer mission critical activities to our other offices.
Assuming no access to and no power to the building, the planned
recovery time objective for mission critical activities is four
hours.
Our planned recovery times for business resumption may be negatively
impacted by the unavailability of external resources and other circumstances
beyond our control.
As we continue to test our plans and as conditions in our firm
and the industry change, we will revise the plans as considered
necessary. Whenever we update this disclosure document we will promptly
place a copy of it on our website. You may request a hard copy of
this disclosure in its current revision be sent to you any time
by mail.
Clients may reach Alamo Capital at (925) 472-5700
|
