158 articles tagged with this keyword
News/Disaster recovery
US regulators are urging banks to develop contingency plans for dealing with a widespread outbreak of avian flu after a planning exercise conducted last year found that more than one-third of participants had no business continuity strategies in place.
28 January 2008
IBM is reporting a EUR42.3 million IT outsourcing contract with Cajasol, the Spanish savings bank formed by the merger of Caja San Fernando and El Monte.
17 December 2007
State-run Union Bank of India (UBI) has moved its national branch operations to a common server and storage system infrastructure supplied and implemented by IBM.
18 October 2007
The National Bank of Belgium has signed a six year contract, worth EUR8.5 million, with telecomms outfit Colt for the provision of a disaster recovery system.
11 October 2007
US-based trading and treasury systems vendor Wall Street Systems has unveiled an ASP version of its back office clearing and settlement system at Sibos, citing the possibility of reduced implementation time and operating cost as the reasons for the release.
01 October 2007
The US financial services industry is to conduct a market-wide business continuity and disaster recovery test to assess the sector's readiness for dealing with an avian flu pandemic.
25 May 2007
The US government's watchdog agency says some key financial markets participants are still not fully prepared for dealing with a widespread outbreak of avian flu and has called on regulators to set deadlines by which firms should have contingency plans in place.
02 May 2007
UK vendor Reuters is reporting five deals with banks in Asia Pacific for its Kondor+ trade and risk management product suite.
05 April 2007
The European Commission is calling for feedback on how best to safeguard the region's electronic communication networks against disruption from malicious attacks and natural hazards.
19 January 2007
UK banks are being forced to re-evaluate contingency strategies to ensure businesses remain open in the event of a bird flu epidemic after a planning exercise organised by UK regulators found that increased staff absences could lead to branch closures and empty cash machines.
05 January 2007
CLSA Asia-Pacific Markets, a Hong Kong-based subsidiary of Credit Lyonnais, has contracted with IPC Information Systems for the installation and management of a Voice over IP (VoIP) communications network covering dealing sites across 11 markets.
14 September 2006
London's financial district is to conduct a market-wide business continuity test to assess firms' readiness for dealing with an avian flu pandemic.
Bank of America has appointed FBI official Donna Bucella to the position of business continuity executive.
17 August 2006
The UK's Association for Payment Clearing Services (Apacs) has contracted with IT outsourcing firm Attenda Limited for the provision of disaster recovery services.
18 July 2006
Former Nyse CTO Roger Burkhardt has joined open source database company Ingres Corporation as president and chief operating officer.
13 July 2006
IBM is introducing a consulting service designed to help businesses plan for a widespread outbreak of avian flu.
09 June 2006
The high profile G30 advisory group is reporting only patchy progress in international efforts to meet the 20 recommendations it laid down three years ago for improving global clearing and settlement systems.
24 May 2006
Many companies may be underestimating their H5N1 risk if they plan for a worst-case scenario based on the 1918 influenza pandemic, according to US-based Risk Management Solutions (RMS).
05 May 2006
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
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