Disaster recovery

121 articles tagged with this keyword

/inclusion

Economic conditions, energy, cost of living rank highly in ethical risk factors for UK businesses

What is ethical risk? Ethical risk consists of the risks that could impede an organisation’s ability to live up to its ethical values and standards which impact consumer trust, reputation, and financial performance.

/crypto

Crypto remains divisive amid Russia's invasion of Ukraine

While the long-lasting effects of the war in Ukraine on cryptocurrency remain unknown, drastic changes across the crypto industry have been felt since Russia’s invasion began eight days ago.

/retail

Santander accidentally sends customers £130m

According to The Telegraph, Santander is attempting to claw back from its competitors a sum of £130 million, which was erroneously sent to 75,000 accounts on Christmas day, as the result of a payments duplication.

/payments

ECB told to fix crisis management, comms and disaster recovery after Target2 outage

A Deloitte review of an extended Target2 outage last year identifies crisis management as a key failure in the recovery efforts of the European Central Bank.

/cloud

Barclays, HSBC, Lloyds and others hit by major DNS outage

Late Thursday afternoon Akamai reported a problem with its Edge DNS service, resulting in outages at thousands of websites.

/sustainable

ADB launches $50 million fund to support SDG-minded startups

The Asian Development Bank (ADB), has established the ADB Ventures platform to feed investment and support to Asian startups which are developing solutions aimed at achieving the UN Sustainable Development Goals (SDGs).

/sustainable

Triodos Bank CEO: 'Bankers should be eco-warriors'

Presenting at the Bristol Distinguished Address Series, Dr Bevis Watts, chief executive of Triodos Bank UK spoke on the essential role banking must play in driving action on climate change.

/cloud

How the cloud increases capacity and agility

The cloud propels financial institutions (FIs) forward and provides the opportunity to scale in line with market demands such as volatility in the capital markets space, new regulations in banking and payments or increasing data assets in the insurance industry.

/cloud

Leveraging cloud migration to power digital transformation

The volume of data has exploded, and it is becoming increasingly important for financial institutions (FIs) to manage and derive value from their data. However, harnessing data is not a simple task and an increasing number of organisations are leveraging cloud to unlock new value.

/cloud

Building the future of capital markets with the cloud

The cloud has been a catalyst for accelerated development in capital markets. Firms are now using the cloud to become more agile and to increase the pace of innovation delivered to end users.

/Disaster recovery

Geopolitics and the impact of political uncertainty on financial services

At Sibos 2019, industry experts will be discussing today’s payments landscape and how banks now need to balance their customer demands for speed with regulatory demands for financial crime and risk controls.

/Disaster recovery

ASX blames outage on 'unprecedented' hardware failure

The Australian Securities Exchange (AS) has blamed an "unprecedented" hardware failure for problems on Monday that forced the bourse to open late and close early.

/Disaster recovery

Finextra paper explores blockchain as an enabler of operational resilience

Distributed ledger technology could help with damage limitation in the event of service disruptions, as the paper ‘How to get a head on operational resilience’ discusses.

/Disaster recovery

Barclays offers contingency payment channel to corporate customers

Barclays Bank has launched a cloud-based contingency channel for corporate customers to funnel payments in the event of an online outage or other problems at client sites.

/Disaster recovery

Nasdaq and Nyse propose mutual back-up plan

Two rival exchanges, the New York Stock Exchange (Nyse) and Nasdaq OMX, are planning to provide back-up to each other's closing auctions in order to prevent a repeat of the outage that hit Nyse earlier this month.

/Disaster recovery

Singapore Exchange preps S$20m technology investment after outages

The Singapore Exchange is set to spend S$20 million upgrading its technology and freeze its fees after being reprimanded by the city state's regulator over outages last year.

/Disaster recovery

BofE rapped over crisis management failings in RTGS breakdown

The Bank of England has been told it needs to improve contingency arrangements and strengthen its crisis management framework following an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last year.

/Disaster recovery

Bank of England appoints Deloitte to probe Chaps breakdown

The Bank of England has appointed Deloitte to conduct an independent review of the ten-hour breakdown in the operation of the UK's high value payments system, Chaps, last month.

/Disaster recovery

Ulster Bank fined EUR3.5 million over IT meltdown

The Central Bank of Ireland has slapped a EUR3.5 million fine on Ulster Bank over IT governance failures that resulted in approximately 600,000 customers being deprived of banking services during a month-long period in 2012.

/Disaster recovery

Hong Kong signs for Swift RTGS backup system

Hong Kong Interbank Clearing Limited (HKICL) has signed up to deploy Swift's new Market Infrastructure Resiliency Service (MIRS), which provides a backup to the territory's real time gross settlement (RTGS) system in the event of a catastrophic breakdown.