Resilience & Security with ChicagoFIRST The Unique Vision of ChicagoFIRST Board of Directors Mike Wallace, Chair BMO Harris Bank
ChicagoFIRST is an investment in collaborative planning with other critical firms and with the public sector before a crisis strikes.
Unprecedented working relationships with public safety officials at the local, state, and federal level, with institutionalized information sharing protocols before, during, and after an emergency or major event.
No other organization combines local preparedness with a national network to enhance regional resilience. This is the unique vision of ChicagoFIRST.
Theresa Enright Oleson, Vice Chair Aon
Bethany Netzel, Secretary CME Group
Katy Hurst Northern Trust Bank
Jeffrey Kenyon MB Financial Bank
Arlan McMillan Kirkland and Ellis
Stan Stavro Bank of America
Curt Schumacher Chicago Board Options Exchange
Kirstin Wells The Options Clearing Corporation
ChicagoFIRST Staff Michael Carano Executive Director
Meetings and Planning
Working groups on business continuity, cyber security, physical security, and regulatory issues meet regularly.
All members and our public sector partners meet quarterly.
Special purpose task forces are assembled for threats and events as needed.
ChicagoFIRST funds itself with membership dues, which gives members complete control over its direction and activities. Annual dues are $18,500 and have not changed since 2004. New members may join at a $10,000 introductory level.
Dues fund two full-time professional staff members. Our Executive Director has over 25 years of financial services, technology, business continuity and public sector experience, and our Deputy Director has over 20 years of security, life safety and association management experience.
Organizations costing little or nothing to join cannot perform as effectively as one with full-time professional staff focused on resilience and security.
Martha Meegan Deputy Director
230 South Clark Street Suite 318 Chicago, Illinois 60604 [email protected]
ChicagoFIRST Members Aon Ariel Investments Bank of America BMO Harris Bank BP Chicago Board Options Exchange Chicago Trading Company CME Group CNA Commonwealth Edison Enova Financial Federal Home Loan Bank of Chicago Federal Reserve Bank of Chicago Fiserv Goldman Sachs Guggenheim Partners Harbor Funds Jackson National Asset Mgmt Kirkland and Ellis MB Financial Bank Mesirow Financial Mizuho Securities Northern Trust Bank Options Clearing Corporation PPM America PrivateBank Synchrony Financial United Airlines William Blair & Company
ChicagoFIRST’s current membership consists of 30 key firms in the Chicago area, up from the original 14 founding members in 2003, and 27 strategic partners from the public and private sectors.
The Business Case for Membership
We provide workshops and tabletop exercises regularly to the membership, often in conjunction with the public sector. Similar efforts typically cost an individual firm up to $40,000, and would not include public sector players that are vital to an effective response. ChicagoFIRST can conduct exercises for individual members at a rate substantially below those of outside consultants.
Our members are equipped to inform their boards of directors and regulators how other critical firms are addressing issues surrounding preparedness, security, and business continuity.
ChicagoFIRST either chairs or serves on the executive committee of important resilience and security partnerships at the national, state, and local levels.
ChicagoFIRST co-chairs the Chicago Public/Private Task Force with the City, which has developed a credentialing plan and is developing downtown evacuation awareness materials.
Our emergency operations plan can be incorporated into member plans as a key component of a firm’s response to and recovery from an event.
Some members rely on ChicagoFIRST staff to such an extent that it saves them the cost of hiring an employee to perform these types of activities. Nationally Connected. Regionally Focused. Uniquely Resilient