FINANCIAL INDUSTRY

ASSISTANCE WITH YOUR EMERGENCY FUEL PROGRAM

Today’s financial industry works under increasing scrutiny and regulation. Smart businesses are looking for ways to minimize exposure and maximize continuity and security. Our emergency fuel program satisfies the redundancy requirements placed on financial institutions by insurance companies. Essentially, we support and maintain your backup generator; however, no bank or financial firm can keep going without people. Therefore, we also provide emergency fuel for your employees, so they can be there to keep your doors open during demanding times.

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The same goes for insurance companies. Following a devastating event that cripples the utility infrastructure, the last thing a company needs is insurance adjusters who simply cannot answer the call. Whether it’s providing vehicle fuel for adjusters who are first to the field or keeping an office building backup generator topped off, Foster Fuels Mission Critical can deliver in the wake of a disaster—allowing you to spend your time serving your customers.

WHAT IS THE COST OF DOWNTIME IN THE FINANCIAL INDUSTRY?

How bad is downtime for a financial company? As long as you get things back up and running relatively quickly, you can contain the problem of downtime, right? If this is your way of thinking, the statistics on financial industry downtime might surprise you.

The cost of downtime in the financial industry can be massive. The truth is, losing only a few minutes of power can have tremendous consequences. According to survey data, the cost of downtime to online brokerages is 6.48 million dollars per hour. While not all financial industry businesses have that level of exposure, research shows that the average bank or financial institution loses about $224,000 per year due to downtime.

However, the cost of downtime for your financial industry business can be more than just financial. A solid financial business is built on trust. When you’re handling people’s money, they want the peace of mind of knowing that you are an institution they can count on. If you’re stuck without power for any length of time, you can’t provide the service your clients need when they need it. That can mean a loss of consumer confidence, which can be devastating for your business far beyond the immediate financial repercussions.

With statistics like these, it’s easy to see why, for a financial corporation, a backup fuel supply is important. And yet, for a surprising number of companies in the financial industry, emergency preparedness and fueling is not a top priority. Significant downtime due to loss of power is inevitable unless you have a reliable source of generator fuel to help your financial corporation stay up and running. Enlist the services of Foster Fuels. You can always rely on fuel services from Foster Fuels’ Mission Critical division for financial corporation emergency fuel.

FUEL SECURITY THAT GOES BEYOND REGULATION

Make sure you are always prepared to serve your customers and know that you are in full compliance when you choose Foster Fuels for emergency fuel services. Financial organizations and insurance companies alike will gain and maintain consumer confidence by staying up and running. Remaining fully operational in the midst of a critical incident is a great way to accomplish that task, and we can guarantee fuel during an outage to ensure your business does just that. With 20 years of experience in critical facilities, our services have evolved to meet the needs of the modern financial company. Our knowledge shines through in every engagement as we work with you to ensure your fuel needs are fully met.

Learn more about how we can support your emergency fuel needs.

PLAN FOR DISASTER RECOVERY

Read about our work with FEMA during Hurricane Sandy.

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What Our Customers Think

Thank you for your outstanding support during the humanitarian relief efforts after Hurricane Sandy. We here at DLA Energy appreciate your committed support to those impacted by the storm. Your herculean effort and dedication has helped millions of Americans during this devastating period. Your leadership on the ground and swift response to DLA Energy, FEMA, and state and local governments was critical the mission success

Giovanni Tuck, Brigadier General, USAF Commander

Each of your members displayed a willingness to go above and beyond the call to ensure multiple delivery missions to facilities. You kept the principal Aerial Port of Debarkation generations filled for constant use for all Joint Warfighter’s benefit so they could meet mission. Your Emergency Response Team was prepared and again, integrated across the board with key stakeholders.

Matt Ott, CDR, SC, US Navy

The thanks goes out to you and your outstanding crew. I handled life support for the main port in Port-au-Prince, and while Foster Fuels was present, fuel was not just taken care of, but incredibly flexible and adaptive to multiple needs. It was as easy as simply talking with your folks and they leaned forward and took care of the need.

1Lt Travis Michelena, JLC, Haiti

I just wanted to take a moment and commend your company and the fine crew that I had the pleasure of working with during the Kentucky Ice Storms. In my short time with FEMA and working seven major disasters, I have never worked with any contracting team that was more professional and such a pleasure to work with. We faces incredible weather conditions and long hours but I never heard one complaint out of the entire crew. The only thing I heard was what can we do now and how can we better complete and make the mission a success.

John Formet, Sr FEMA Region IV Logistics Accountable Property Manager