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Subject:	Re: Retention Schedules v. Backup Schedules
From:	John Lipinski <[log in to unmask]>
Reply To:	[log in to unmask]
Date:	Tue, 11 Dec 2007 12:56:48 -0800
Content-Type:	text/plain
Parts/Attachments:	text/plain (52 lines)

How long the bank retains trades, for example, is completely different to how often it must backup the trading database to perform a system recovery.
A backup schedule is based on system recovery requirements. For example, in a high volume trading system with a requirement to recover in no more than 1 hour, you may need to take a backup 3 times a day. Or, in a low volume system with a requirement to recover in no more than 1 hour, you may be able to take a backup once a week.
A retention schedule is based on legal or regulatory requirements. For example, because the bank is required to keep tax records for 7 years, then the procedure to remove tax records that are older than 7 years is specified in a retention schedule.
John Lipinski
512-241-7381
[log in to unmask]
NEON Enterprise Software
www.neonesoft.com

Donna Grove <[log in to unmask]> wrote:
What is the difference between a Retention Schedule and a Back up Schedule
for electronic records/email?

An IT Executive in our company is convinced that they are the same.

Although I am convinced that they are different I could use assistance in
convincing IT.

Any help would be very much appreciated.

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