Ensuring business continuity during challenging times


Tim Buckley: Greg, one particular of the inquiries that we have been acquiring from our customers is what are we performing close to small business continuity? What measures have we taken to make positive that regardless of how lengthy the coronavirus goes on regards to how critical it will get that we can continue to continue to keep the operations going? And now to our viewers out there, if you appear behind me, what you’re wanting at is one particular of our buying and selling flooring. Typically you’d see it densely populated. That doesn’t mean that men and women are not operating out there when you just see men and women, each other desk or each third desk. It usually means that we have distanced them adequately, and I must by the way talked about that you are going to discover a Greg and I are sitting apart below. We’re making an attempt to practice social distancing and almost everything that we do. Beyond, social distancing, what are you men performing? What measures have you taken to make positive this procedure carries on? How have you dispersed your staff?

Greg Davis: So it starts truly with the reality that hey, it is a global procedure so we have buying and selling places in the US, buying and selling places in the Uk as very well as Melbourne, Australia. And in addition to individuals global buying and selling places, we also have contingency web sites that we’re leveraging suitable now in every single one particular of individuals places. So we have our staff break up up amongst our primary hubs and individuals contingency web sites, and we have even organized for the reality that if we need to have to, our men and women could trade from home. So we have set up the technology, we have tested the system, so we could have small business as normal, even in a critical function.

Tim: And buying and selling from home is not a thing you are going to soar to. I mean you men like the collaboration that transpires on the flooring even when men and women are unfold out. It’s just a lot less difficult to happen there. That reported, if we have to go there, we definitely ready to do it.

Greg: Completely.

Tim: Security is going to be the exact definitely no matter whether if someone’s at home as it is going to be the exact if we’re buying and selling from home, as if you’re buying and selling from below.

Greg: Completely.

Tim: Now, I must point out Greg that the rest of Vanguard’s operations, no matter whether they’re speaking to an affiliate at Vanguard, what ever space of Vanguard is supporting the client, individuals places have been dispersed too. That we have taken measures to go associates apart. Relocating amongst distinctive structures. People are operating from home. They are dispersed amongst our web sites as very well so. We’re having the measures to make positive that we continue small business as normal below or as shut to as normal as possible

Greg: Completely.