HBOS is looking to differentiate itself from its competitors by becoming one of the first organisations to gain formal accreditation for business continuity planning.
The bank plans to have key parts of its business audited independently to ensure they meet the new BS25999 business continuity standard, said Chris Green, head of business continuity at HBOS.
"We want to use it to demonstrate compliance, but we also want to use it as a market differentiator," he said.
Green will use this week's Business Continuity Expo in London to highlight how the new standard will help HBOS and other organisations target their business continuity spend most effectively.
BS25999 is designed to help firms identify interdependencies between different parts of the business, technology and processes. It also enables them to identify key staff with specialist knowledge.
The standard has attracted widespread interest, selling more copies than any other UK standard since it was launched last December.
The UK Accreditation Service is also developing a business continuity accreditation process.
Green expects it will take three months to accredit a typical business unit within HBOS. For firms starting from scratch, it could take up to 18 months to build the programme, identify key products and put in place recovery strategies.
Related article: Scottish Power signs up for standard
Comment on this article: [email protected]