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May 2010

CIBC Mellon's readiness for G-20 Summit

The upcoming G-20 Summit is being hosted in the Metro Toronto Convention Centre on June 26 & 27.  The theme of Toronto's Summit is "Recovery and New Beginnings” and the G-20 members will focus on topics including recovery from the financial crisis and will work collaboratively to implement initiatives from past Summits aimed at sustaining growth.

Although the G-20 will be an exciting time to showcase Canada’s leadership on the world stage, significant crowds are expected to gather which will bring heightened security in the downtown core during this time.

As a CIBC Mellon client, you can be confident that our people, systems and technologies will be well-prepared for this event. We have developed comprehensive G-20 Summit readiness and business recovery plans focused on ensuring that we continue to deliver the high level of service and operational excellence that you expect from CIBC Mellon during the weeks surrounding the G-20.

Our preparations for the G-20 include:

• A G-20 planning team that is preparing all areas of our company.
• A dedicated G-20 information centre to help every CIBC Mellon employee clearly understand how to maintain high service levels and security during the Summit.
• Additional onsite security at our Toronto offices.
• Full redundancy capability from our offsite business continuity and backup processing centre – which includes workstations exclusively reserved for our use 24/7 and direct links to BNY Mellon processing centres, CIBC systems, the Canadian Depository for Securities and all third-party providers – in addition to our five offices in other Canadian cities which have the capabilities to conduct certain critical business functions.
• Recovery tests and exercises to further prepare our people, systems and third-party providers to respond rapidly and effectively during unforeseen situations.
• A communication process that will be followed to direct critical communications to clients and business partners as necessary.

If you have any questions about our business continuity programs or our G-20 Summit preparations, please contact your relationship manager or client services representative.

BY James Dennison, vice president and chief risk officer, risk management    

 

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Trade Talk® is provided for general information purposes only and CIBC Mellon Global Securities Services Company, CIBC Mellon Trust Company, CIBC, The Bank of New York Mellon Corporation and their affiliates make no representations or warranties as to its accuracy or completeness. Readers should be aware the content of this publication should not be regarded as legal, tax, accounting, investment, financial or other professional advice nor is it intended for such use.

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