Voluntary Supplier Risk Declaration
The Tripartite Authorities have recommended the adoption of the Voluntary Supplier Risk Declaration (VSRD), so every recovery provider should be supplying clients and potential clients with details of the services they contract to.
You need to make sure that whatever recovery provider you choose to partner with, can furnish you with all the details about the services you are contracting for. This includes:
- an understanding of how many other people are subscribed to the same service
- the proximity to you, of other clients contracted to the same service
- what exclusion zones the provider operates at the site you have contracted to.
ICM worked with the Tripartite Authorities to develop the VSRD which is a means for business continuity suppliers to provide clients and prospective clients with detailed information such as how many times over each seat or service has been sold, the proximity of other subscribed clients and the supplier's invocation history.
Shared Information
ICM believes that such transparency is key to providing our clients with the trusted services that they have come to expect and treats their individual needs with due respect. Our integrated asset management system that enables us to monitor and manage syndication rates on all items of equipment, services and centres, ensures that the data is available for us to share with our clients too – just one area where we stand out from the competition.
Voluntary Supplier Risk DeclarationBusiness Continuity News
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