New Options For Business Continuity Management Software

Stephanie Balaouras

With SunGard's acquisition of Strohl Systems, it would seem that the options for business continuity management software have dwindled. While SunGard will continue to support both Paragon and LDRPS, LDRPS will be its go forward platform. This leaves the main challengers, COOP Systems, eBRP, and OfficeShadow and lesser known vendors such as Business Protection Systems International (BPSI), CPACS, KingsBridge (formerly Binomial), and a few others. COOP Systems has gained a lot of momentum in recent months, in September, IBM Business Continuity and Resiliency Services (BCRS) selected COOP Systems as its strategic partner for BCM software.

But there are new options emerging from governance, risk, and compliance (GRC) vendors. For example, Archer Technologies has added a business continuity management module to its GRC SmartSuite Framework. I recently saw a demo of the offering and I found it to be intuitive and comprehensive. It's also closely aligned with the British Standard for Business Continuity Management, BS 25999. I also recently met with MetricStream, they have also added a BCM module to their GRC platform. Provided that you've already purchased the core GRC platform from one of these vendors, buying the BCM module is significantly less expensive that buying or subscribing to a tier 1 stand-alone BCM offering. Tier 1 offerings start at US$100K and average sales prices can be in the hundreds of thousands of dollars. The add-on modules to these GRC platforms will start between $30K-$50K.

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