KUALA LUMPUR, 21 JANUARY 2009 – The Malaysian financial services industry should take a proactive approach to disaster recovery (DR) during the current economic downturn, according to the International Association of Software Architects (IASA).
IASA is the association focused on the software architecture profession through the advancement of best practices and education while delivering programmes and services.
IASA Asia Pacific chairman Aaron Tan Dani said back up plans for disaster recovery and business continuity must be a priority to Malaysia’s financial services industry (FSI), as well as to Malaysia’s economy in general.
“A solid banking and finance framework reflects the country’s agility and stability which are key prerequisites to attracting foreign and local investments into the country,” said Malaysian deputy finance minister Dato’ Kong Cho Ha. “It is imperative that our financial institutions ensure continued operations during unexpected disruptions.”
“The IASA is here to support Malaysia’s financial services industry through education and advocacy,” added IASA Malaysia president Hasan Ganny Hanif. Our members are experts in software architecture and have vast knowledge in business continuity planning. By leveraging on this, our Malaysia FSIs can better prepare against unforeseen operational interruptions.”
Continue learning best practices
IASA Malaysia vice-president, architecture standard and guidelines, Jimmy Yeo called upon local FSIs to continue learning and tapping upon ‘best practices’ worldwide in business continuity planning to ensure the country’s banking system could withstand any eventuality that may occur.
