BSI issues first ISO 22301 certificate within global financial services market

Press release - 19th July 2012

BSI Spain has awarded Bankinter certification to ISO 22301, the new international standard for societal security and business continuity management launched in May this year.

Bankinter is the first organization to be issued an ISO 22301 certificate by BSI and is also the first financial institution in the world to undergo successful independent assessment and demonstrate compliance with the new global standard.

The scope of certification identifies that Bankinter operates a robust Business Continuity Management System (BCMS) which covers the following: processes of identification, authentication and signing on financial operations; their electronic evidence through the Internet; the mainframe banking operational information system; and the Equities Electronic Trading Infrastructure for its Tres Cantos and Alcobendas sites.

Marcio Viegas, Managing Director BSI Iberia and France said: “It is evident from Bankinter’s certification that the organization takes a proactive stance to reducing risk and ensuring the resilience of the organization against unexpected disruptions. The business continuity management system implemented and maintained by Bankinter provides a rigorous mechanism to ensure that key products and services can be effectively restored should disaster strike, and that the bank is serious about protecting its corporate reputation.”

ISO 22301, which has evolved from the internationally recognized and well-respected British Standard BS 25999, endorses a plan of management practices and preventive solutions to protect an organization against unexpected disruptions which may affect ability of the company to operate, such as a loss of power, severe weather conditions, epidemics or unstable political or economic situations.

About BSI

BSI (British Standards Institution) is a global organization that equips businesses with the necessary solutions to turn standards of best practice into habits of excellence. Formed in 1901, BSI was the world’s first National Standards Body and a founding member of the International Organization for Standardization (ISO).

Over a century later it continues to facilitate business improvement across the globe by helping its clients drive performance, reduce risk and grow sustainably through the adoption of international management systems standards, many of which BSI originated. Famed for its marks of excellence including the instantly recognizable Kitemark®, BSI’s influence spans multiple sectors including aerospace, construction, energy, engineering, finance, healthcare, IT and retail. With over 70,000 clients in 150 countries, BSI is an organization whose standards inspire excellence across the globe.