Deltec focuses on resilience and business continuity

Deltec Bank & Trust Limited (“Deltec”) continues to build on its commitment to the delivery of excellent and uninterrupted service to its clients. A robust enterprise risk management framework is an essential of component of Deltec’s business model and the Bank’s newest alliance involving Regus Workplace Recovery (“Regus”) is a clear demonstration of this commitment.

Regus provides dynamic, flexible and guaranteed workplace recovery solutions which offer some of the most resilient options for organizations, including office spaces and support services in over 3,000 locations worldwide for disaster recovery.

Deltec’s alliance with Regus ensures a guaranteed workplace in a First Schedule jurisdiction pursuant to the provisions of the Business Continuity Guidelines issued by The Central Bank of The Bahamas. This initiative goes along with Deltec having established multiple data centers on and off-island and a trained Information & Communications Technology (“ICT”) team that is able to manage an out-of-region data center.

Recently, Deltec announced its partnership with AccuWeather to enhance its preparation for natural disasters and its response, and continues to place emphasis on business continuity management through staff training and awareness.

According to Odetta Morton, Chief Executive Officer for Deltec, “We need to be at the forefront of the development of a sustainable business continuity framework, given the risks relating to climate change and the environment. We have taken a proactive approach to ensuring that we enhance our resilience as a prudent financial institution.”

She added, “We are really pleased with this new alliance and the infrastructure and support offered by Regus.  Ultimately, the goal with our robust disaster recovery and business continuity plan is to ensure that we have the ability to provide continued financial services to our clients at all times, and a critical component of that was to position ourselves to be capable of operating from multiple off-island locations in case of natural disasters and other forms of disruptions.”

It is not enough to build a disaster recovery data center. Organizations are developing robust programs and strategies for recovering critical ICT services and resumption of business operation in case of a crisis. Deltec is pleased to have placed particular focus on business continuity for its clients’ peace of mind.

About Deltec

Deltec is a financial services institution serving the unique needs of global private, corporate and institutional clientele. Deltec stands at the intersection of innovation and tradition, offering global clients the unique combination of institutional expertise and broad resources typically offered by large financial firms, and the bespoke solutions and highly attentive service that only a boutique can provide.  It is the flagship company of Deltec International Group, a diversified independent financial services group, providing through its member companies a range of private banking and fiduciary expertise, fund administration, investment management, digital asset financial services, insurance solutions, and corporate and merchant banking capabilities.

About Regus Workplace Recovery

Workplace Recovery by Regus gives you preferential access to over 3000 workspace locations in more than 120 countries worldwide. With over 90,000 workplace recovery seats available across our network, we can help you get back to work faster if you can’t use your own offices due to power outages, hurricanes, fires, floods, IT failures and more. We offer solutions for organizations of all sizes, including anytime access to fully serviced turnkey offices. For more information, visit