HAEGERSTOWN, Md. — To expand its reach even further to assist credit unions with their business continuity planning, Ongoing Operations, LLC acquired Baltimore-based CU Recover on April 3.
CU Recover provides business continuity planning products for credit unions' business including impact analysis, business continuity plans and a maintenance facility that distributes workload and responsibility so that all critical employees are involved. Ongoing Operations said it intends to use the intellectual property and technology assets from the acquisition to provide CUs with improved plans and tools for both disaster recovery and business continuity, the CUSO said.
"CU Recover has been an outstanding product for many of Ongoing Operations clients," said Kirk Drake, CEO of Ongoing Operations. "By acquiring CU Recover, Ongoing Operations now owns the methodology, software, and solution for providing credit union focused business continuity plans for collaborative credit unions and will continue to enhance its unique credit union features."
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