---
title: Company: Functions
description: Enter the functions of your reporting company that are supported by ICT third-party services — these records must exist before you can assign contracts to functions.
---

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# Company: Functions

## Enter the functions of your reporting company that are supported by ICT third-party services — these records must exist before you can assign contracts to functions.

#### Fields covered on this page:

- [Function ID](https://support.copla.com/company-functions#Function-ID)
- [Select reporting company's function](https://support.copla.com/company-functions#reporting-company-function)
- [Function's name](https://support.copla.com/company-functions#Function-name)
- [Importance assessment](https://support.copla.com/company-functions#Importance-assessment)
- [Reasons for criticality](https://support.copla.com/company-functions#Reasons-for-criticality)
- [Does external function support time-critical operations?](https://support.copla.com/company-functions#external-function-support)
- [Last importance assessment date](https://support.copla.com/company-functions#Last-importance-assessment-date)
- [Function's recovery time limit](https://support.copla.com/company-functions#Function-recovery-time-limit)
- [Function's recovery data loss limit](https://support.copla.com/company-functions#Function-recovery-data-loss-limit)
- [Impact if function stops](https://support.copla.com/company-functions#Impact-if-function-stops)
- [Impact if outsourced function stops](https://support.copla.com/company-functions#Impact-if-outsourced-function-stops)

---

### `Function ID`

A sequential number that Copla Registry combines with the prefix "F" to generate a unique function identifier for this record.

#### What to enter

**Enter a sequential number —** `1`**,** `2`**,** `3`**, and so on.**

The same function operated under two different licensed activities requires two separate function records with two separate IDs.

**NOTE:**

- The function identifier is a key value in the register. It must be unique and used consistently across all records that reference this function.

*If you're having issues, see [My function identifier is invalid](https://support.copla.com/my-function-identifier-is-invalid?hsLang=en).*

[Back to top](https://support.copla.com/company-functions#top)

---

---

### `Select reporting company's function`

The licensed activity of the reporting company that this function supports.

#### What to enter

**Select the licensed activity from the list that corresponds to this function.**

If the function is not linked to any licensed activity — for example, an IT support or HR function that enables core activities — select `Support function`.

[Back to top](https://support.copla.com/company-functions#top)

---

---

### `Function's name`

The internal name used by the reporting company to refer to this function.

#### What to enter

**Enter the function name as it is defined in your entity's internal organisation.**

There is no prescribed list of function names — use whatever terminology your entity applies consistently.

[Back to top](https://support.copla.com/company-functions#top)

---

---

### `Importance assessment`

Whether this function has been assessed as critical or important, and the outcome of that assessment.

#### What to enter

**Select** `Yes` **if the function has been assessed as critical or important.**

Select `No` if it has been assessed and determined not to be critical or important. Select `Assessment not performed` if no assessment has been carried out.

**NOTE:**

- The importance assessment is the entity's own determination based on its internal assessment and applicable sectoral regulations.
- There is no prescribed list of functions that must be classified as critical or important.

*If you're having issues, see [Criticality, RTO, RPO, and special values issues](https://support.copla.com/criticality-rto-rpo-and-special-value-issues?hsLang=en).*

[Back to top](https://support.copla.com/company-functions#top)

---

---

### `Reasons for criticality`

A brief explanation of why this function has been assessed as critical or important.

#### What to enter

**Enter a plain-text explanation of up to 300 characters.**

Focus on the operational or regulatory reason — for example, the function's role in delivering a core service, its regulatory classification, or the impact its disruption would have.

**NOTE:**

- This field is required only when the importance assessment is `Yes`.

[Back to top](https://support.copla.com/company-functions#top)

---

---

### `Does external function support time-critical operations?`

Whether the outsourced function is essential for time-sensitive operations of the reporting company.

#### What to enter

**Select** `Yes` **if disruption to this function would affect operations that are time-critical — for example, payment processing or real-time trading.**

Select `No` otherwise.

[Back to top](https://support.copla.com/company-functions#top)

---

---

### `Last importance assessment date`

The date on which the reporting company last assessed or reviewed the criticality or importance of this function.

#### What to enter

**Enter the date in YYYY-MM-DD format.**

If no assessment has been performed, enter `9999-12-31`.

*If you're having issues, see [Criticality, RTO, RPO, and special values issues](https://support.copla.com/criticality-rto-rpo-and-special-value-issues?hsLang=en).*

[Back to top](https://support.copla.com/company-functions#top)

---

---

### `Function's recovery time limit`

The maximum time in hours that this function can be unavailable before it seriously affects the reporting company's operations.

#### What to enter

**Enter a whole number of hours.**

If the recovery time objective is less than one hour, enter `1`. If the RTO has not been defined, enter `0`.

**NOTE:**

- When the same ICT service supports several functions, the RTO for the service must comply with the shortest RTO across all functions it supports.
- Enter each function's own RTO independently — do not average across functions.

*If you're having issues, see [Criticality, RTO, RPO, and special values issues](https://support.copla.com/criticality-rto-rpo-and-special-value-issues?hsLang=en).*

[Back to top](https://support.copla.com/company-functions#top)

---

---

### `Function's recovery data loss limit`

The maximum amount of data loss in hours that the reporting company can accept after an outage affecting this function.

#### What to enter

**Enter a whole number of hours.**

If the recovery point objective is less than one hour, enter `1`. If the RPO has not been defined, enter `0`.

*If you're having issues, see [Criticality, RTO, RPO, and special values issues](https://support.copla.com/criticality-rto-rpo-and-special-value-issues?hsLang=en).*

[Back to top](https://support.copla.com/company-functions#top)

---

---

### `Impact if function stops`

The assessed impact level on the reporting company if this function is discontinued or significantly disrupted.

#### What to enter

**Select** `Low`**,** `Medium`**, or** `High` **based on the entity's own assessment.**

Select `Assessment not performed` if no assessment has been carried out.

*If you're having issues, see [Criticality, RTO, RPO, and special values issues](https://support.copla.com/criticality-rto-rpo-and-special-value-issues?hsLang=en).*

[Back to top](https://support.copla.com/company-functions#top)

---

---

### `Impact if outsourced function stops`

A description of the operational impact on the reporting company if the outsourced part of this function stops.

#### What to enter

**Enter a plain-text description of the impact.**

Describe what would happen to the entity's operations if the ICT third-party service supporting this function became unavailable.

[Back to top](https://support.copla.com/company-functions#top)

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