Markets by Trading view

Fusion Risk Management Launches Dynamic Response Console to Empower Organizations to Deliver Real-Time Data-Driven Responses

Facebook
Twitter
LinkedIn

Game-changing console will ultimately transform plan management and empower a data-driven, agile approach to responding to disruptions

LONDON, UK and CHICAGO, ILNovember 4, 2021Fusion Risk Management, Inc. (“Fusion”), a leading provider of operational resilience, risk management, and business continuity software and services, today announced the launch of its Dynamic Response Console, an agile solution which will ultimately transform the way the industry views and executes traditional plan management.

Following the recent launch of Fusion’s Scenario Testing functionality, where clients can test and model ‘what if’ scenarios to measure the impact of different responses, the Dynamic Response Console utilizes the same technology to inform tailored data driven responses to these scenarios. The technology will be particularly useful for large scale events which affect organizations across multiple locations, enabling clients to make better informed decisions based on real-time data, rather than relying on static plans.

“Fusion’s Dynamic Response Console was created to give our clients a more efficient way to access the most up-to date, data-driven, agile response actions. We know that static plans can sometimes be stored across different locations, and large run books can take time to sift through – none of which is efficient during a crisis. Leveraging Fusion’s Dynamic Response Console will enable customers to quickly visualize the impacts of disruption, immediately understand what actions need to be taken to recover and in what order, allowing them to immediately protect the most business critical applications,” said David Halford, Vice President of Continuity Solutions, Fusion Risk Management.

Dynamic Response Console uses the foundational data gathered from a company’s static data plans and reorganizes the information in a way that most efficiently informs an up-to-date response. Users are able to review and edit the responses to improve the visualization and adjust the sequence of response to ensure the most critical applications are recovered first. In the event of a disruption, the system will facilitate action supported by scenario-based, dynamically built responses, bringing to life all the information previously gathered, and then leverage the responses through Fusion’s Incident Manager.

Halford continued, “Dynamic Response Console offers the power to create a tailored response based on a particular scenario and impacted asset. For example, if a customer loses a data center, then the system would pull all the specific actions required associated with that data center and impacted applications. If they lost a site due to a weather event such as a hurricane, the system would automatically aggregate the relevant plans, allowing the client to quickly and efficiently initiate their response.”

Fusion’s Dynamic Response Console will be rolled out via three phases, with the first phase launching in November this year. The first phase will enable clients to generate composite responses based on the scenario and impacted assets from plan and procedure data already stored in Fusion. Over the next 1-2 years, phase two and three of Fusion’s Dynamic Response Console will ultimately deliver real-time, automatically generated response strategies tailored to specific disruptive events, empowering organizations to think beyond static plan management and implement a data-driven approach.

Fusion is highlighting its new Dynamic Console capabilities during its headline sponsorship at BCI World Virtual, Nov. 3-4, 2021.

About Fusion Risk Management, Inc.

Fusion Risk Management is a leading industry provider of cloud-based software solutions for business continuity, risk management, IT disaster recovery, and crisis and incident management. Its products and services take organizations beyond legacy solutions and empowers them to make data-driven decisions with a comprehensive and flexible approach through one system. Fusion and its team of experts are dedicated to helping companies achieve greater operational resilience and mitigate risks within their businesses.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Trending

Write your email to verify subscription

Loading...

Sign up for our free newsletter and receive the latest banking and fintech stories, straight to your inbox - every week