A disaster is anything that prevent an organization core business functions from operating properly, and disaster recovery planning are the most critical elements of a business but are often ignored. Therefore, businesses must make a well- structured plan and document for disaster recovery strategies and business continuation, even before a catastrophe occurs.rnMuch of the research undertaken previously are in financial sector disaster recovery planning, mostly they were focused on investigation for the implementation of disaster recovery planning in banking sector. This paper attempts to demonstrate ways of designing an architectural framework for the implementation of high available disaster recovery site with active-standby implementation architecture and business recovery strategies with minimum downtime and no data loss.rnThe study employed a design science research with case study method and purposive sampling was used to select participants from permanent employees of ECX in Addis Ababa head office and regional offices. Interview questions were designed using disaster recovery planning process to collect data, and the results were transcribed and converted into visualization.rnBased on the findings, this study identified all business critical applications, the dependency of each critical business applications, resource mapping of each critical business applications and developed a framework of recovery strategies and finally tested the framework in a virtual environment.