Business Continuity

Business Continuity Plan Summary

North Sea Securities, LP (the “Firm”) has developed a Business Continuity Plan detailing how we will respond to a significant business disruption (“SBD”). Since the timing and impact of disasters and disruptions is unpredictable, we 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 Us – If after an SBD you cannot contact us as you usually do you should visit our website at:

Our Business Continuity Plan – We plan to quickly recover and resume business operations after an SBD and respond by safeguarding our employees and property, making a financial and operational assessment, protecting our books and records, and allowing our Firm to transact business. In short, the Firm’s Business Continuity Plan is designed to permit our Firm to resume operations as quickly as possible, given the scope and severity of the SBD.

Our Business Continuity Plan addresses: data back-up and recovery; mission critical systems; financial and operational assessments; alternative communications with clients/investors, employees, and regulators; alternate physical location of employees; critical suppliers, contractors, and bank impact; and regulatory reporting.  Every emergency situation poses unique problems based on external factors, such as time of day, location and severity of the disruption.  Since our Firm does not hold customer accounts or funds, and all client and firm-related materials are backed up to secure cloud-based storage, an SBD will not impact our customers’ ability to transact business

Varying Disruptions – SBD’s can vary in their scope and severity.  In a disruption to only our Firm or a building housing our Firm, we will transfer our operations to an unaffected site, or to an alternate available local site where our Firm would expect to recover and resume business as soon as its affected communication systems are restored, which we expect would occur within 24 hours. In a disruption affecting a district, city, or region where our Firm is located, we will transfer our operations to an available alternate site, and recover and resume business as soon as our affected communication systems are restored, which we expect to occur within two business days. In either situation, we plan to continue in business, and notify you by telephone or other available communication means about how to contact us.

For more information – If you have questions about our business continuity planning, you can contact us at:


North Sea Securities, LP

100 Park Avenue, 16th Floor

New York, New York 10017