10. A server for identifying the impact of event occurrences in a managed information network comprising a computer processing device responsive to computer program code on a computer readable storage medium that, when executed, causes the computer processing device to perform steps, the server further comprising: an interface to a manageable entity database having a configuration file, the interface operable to access a configuration file indicative of managed entities of interest in a storage area network, the configuration file for identifying a configuration by: determining, based on a set of business processes, business operations dependent on particular manageable entities; and designating the determined manageable entities as the manageable entities of interest; a rule engine operable to determine relations between the managed entities of interest and other managed entities in the storage area network, the relations indicative of an event at a managed entity having an affect on another managed entity, the rule engine further operable to register for notification of events affecting, based on the relations, the designated manageable entities, wherein the rule engine is operable to parse the manageable entities to identify managed entities of interest, the managed entities of interest including managed entities effected directly or indirectly by an event at another managed entity; and an adapter responsive to the rule engine for receiving an indication of an event affecting a registered manageable entity, the adapter further operable to determine, via the determined relations, other manageable entities affected by a received event; and wherein the adapter is further operable to traverse a cache of effected managed entities and selectively invoking a relation service if no match is found in the cache.
15. The server of claim 10 wherein the adapter is operable to invoke a relation service operable to identify other managed entities effected by a particular managed entity according to the determined relations.