Method and system for providing disaster recovery services using elastic virtual computing resources

A method and system provides disaster recovery services in an expandable environment of virtual computing resources, according to one embodiment. The method and system provide a financial service with a primary financial service system, according to one embodiment. The method and system operate, on virtual computing resources in a second computing environment, a disaster recovery system for the primary financial service system, and the second computing environment is a virtual computing resources service provider computing environment that provides requested quantities of virtual computing resources for use by the disaster recovery system, in exchange for payment, according to one embodiment. If a loss of service for the primary financial service is detected, the method and system execute a secondary financial system from the disaster recovery system, within the second computing environment, by allocating additional virtual computing resources to the disaster recovery system within the second computing environment, according to one embodiment.