Avior Business Continuity Plan

This document is strictly the property of Avior Capital Markets Holdings Proprietary Limited (“Avior Capital Markets”). The disclosure of this document is only intended for the authorised recipient thereof..

Any reference in this document to “Avior” shall be deemed to be a reference to Avior Capital Markets Holdings Proprietary Limited and each of its subsidiaries (as applicable). The provisions of this document apply per the authorisations and regulations that apply to Avior Capital Markets and its subsidiaries.

Avior Capital Markets has developed Business Continuity Plans for the Avior Group on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, Avior will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Avior – If after a significant business disruption you cannot contact us as you usually do by telephone or email, you should contact Avior via the Contact Us form. 

Avior’s 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 Avior to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Avior’s business continuity plan addresses: data backup and recovery; all mission critical systems; financial and operational assessments; alternative communications with clients, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and access to client account information.

Avior’s Regulators, backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, the Regulator objective is to restore its own operations and be able to complete existing transactions and accept new transactions as soon as practical possible. Your orders could be delayed during this period.

Varying Disruptions – Significant business disruptions can vary in their scope, such as only Avior, a single building housing Avior, the business district where Avior is located, the city where Avior 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 Avior or a building housing Avior, Avior will transfer our operations to a local site when needed and expect to recover and resume business within 1 day. In a disruption affecting Avior’s business district, city, or region, Avior will transfer our operations to a site outside of the affected area, and recover and resume business within 3 days. In either situation, Avior plan to continue in business, transfer operations to Avior’s other business premises if necessary, and notify you through Avior’s website www.avior.co.za.

If the significant business disruption is so severe that it prevents Avior from remaining in business, Avior will assure our clients prompt access to their account information.

For more information – If you have questions about our business continuity planning, you can contact Avior via the Contact Us form.