160 articles tagged with this keyword
News/Disaster recovery
Federal regulatory agencies in the US say that clearing and settlement organisations and other firms that play significant roles in critical financial markets are now considerably more resilient to wide-scale disruptions than before September 11.
28 April 2006
Germany's Berenberg Bank has signed a ten year contract, worth EUR2 million, with telecomms provider Colt for data back-up and disaster recovery services.
29 March 2006
US regulators are urging financial institutions across the country to devise contingency plans for dealing with a possible widespread outbreak of avian flu.
20 March 2006
Business continuity requirements are set to drive the uptake of fully-converged voice over IP networks on the trading floor from zero to 54% within the next three years, according to research undertaken by Finextra on behalf of BT.
06 March 2006
The Financial Services Technology Consortium (FSTC) says 15 financial institutions and technology companies are participating in a project to create benchmarks for business continuity planning.
27 February 2006
The US Financial Services Sector Coordinating Council has issued a paper warning banks that their current business continuity measures may not be adequate for dealing with a widespread outbreak of bird flu.
25 January 2006
The Tokyo Stock Exchange has recruited Yoshinori Suzuki as its new chief information officer with a brief to oversee the upgrading of its electronic trading system.
24 January 2006
Alberto Giovannini, the author of an influential European Commission report on EU cross-border clearing and settlement arrangements, is to chair a special interest MiFID session organised by SunGard at a Finexpo satellite event in London's Docklands next week.
20 January 2006
The UK's Financial Services Authority (FSA) is to urge banks and businesses in the City to devise contingency plans to deal with a possible bird flu pandemic.
16 January 2006
The Philadelphia Stock Exchange has implemented a storage area network (SAN) from Brocade which it is using to comply with SEC regulations for capturing and archiving of electronic trades and issues.
10 January 2006
Banking giant HSBC has drawn up business continuity plans to cope with a bird flu pandemic which it estimates could affect up to 50% of its global staff.
The UK's largest financial insitutions have "highly resilient" IT systems that could recover critical functions quickly after a terrorist attack or natural disaster, but firms could still be at risk because too many back-up sites are located in London, says the Financial Services Authority.
14 December 2005
Finextra is partnering with the trading systems arm of BT to explore the use of IP telephony on the dealing floor.
28 November 2005
Britain's financial sector is conducting a market-wide business continuity test today that will assess firms' readiness for dealing with a major crisis such as a natural disaster or a terrorist attack.
The Tokyo Stock Exchange (TSE) has blamed Fujitsu - which is responsible for the development and support of its trading platform - for its worst ever systems crash last week.
08 November 2005
Large financial firms in the City of London are to be given access to priority telephone networks following the terrorist bombings on 7 July.
02 November 2005
An industry-wide business continuity test conducted by US financial market associations to verify the resilience of US securities markets has been successsfully completed.
19 October 2005
Torrential rainstorms in Mumbai have hit banking transactions across India as banks struggle to keep computer systems running.
29 July 2005
The London Stock Exchange ordered all market participants to switch off their algorithmic trading systems in an effort to relieve downward pressure on pricing following Thursday's bomb attacks in central London.
11 July 2005
A series of bomb blasts have ripped through central London causing widespread disruption and chaos.
07 July 2005
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