Business Continuity Planning
VF Securities (“VF” or the “Firm”) has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions are unpredictable, we will maintain flexibility in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Our Business Continuity Plan
We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan addresses: data backup and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counterparty impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.
Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within four to six hours. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 24 hours. In either situation, we plan to continue in business and notify you through our website, www.vestedfinance.co or https://vested.co.in/.
Access to your Accounts
Although as indicated above, Vested works hard to ensure that customers will continue to have access to their accounts in the event of a business disruption, it is possible that there may be some temporary disruption or change in the manner in which you account.
To best prepare for such contingencies, we suggest that you become familiar with the various means through which can access your account and place trades:
- Online at vestedfinance.co
- On the Vested Mobile app
- In the case of a disruption, by telephone at (+91) 95-1337-5607
- In the case of a severe disruption, our clearing firm, DriveWealth, will also take orders or service request through their Client Services Team at:
- US: 1(800) 461-2680
- International: +1973 559 6750
Although Vested has taken comprehensive steps to provide for business continuity, no plan can eliminate all risk or delay resulting from an unplanned business interruption or disruption in service. In the unlikely event that Vested has determined that it cannot resume operations within a reasonable amount of time, Vested will provide as much advance notice as possible regarding its ongoing operations.
Vested conducts regular assessments and updates and tests our plan to ensure we have taken steps necessary to protect our customers. Updates to our plan will be reflected in this statement at least annually for any material changes.
For more information – If you have questions about our business continuity planning, you can contact us on our website at https://vested.co.in/.