The latest business continuity news from around the world

SIFMA issues date for 2018 industry-wide business continuity test

The US Securities Industry and Financial Markets Association (SIFMA) has announced that its next industry-wide business continuity test will take place on Saturday October 13th 2018.

The annual test aims to exercise and verify the ability of firms, markets and utilities to operate through an emergency using backup sites, recovery facilities and backup communication capabilities. It is a validation of market connectivity and interactive processing but is not a full test of internal systems of firms, exchanges and market utilities.

110 securities firms and 62 market organizations took part in the 2017 test and approximately 1,100 communications connections were established between securities firms and banks and the exchanges, markets and utilities. Test transactions on these connections were successful 98 percent of the time. 

More details.

Want news and features emailed to you?

Signup to our free newsletters and never miss a story.


A website you can trust

The entire Continuity Central website is scanned daily by Sucuri to ensure that no malware exists within the site. This means that you can browse with complete confidence.

Business continuity?

Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.

Get the latest news and information sent to you by email

Continuity Central provides a number of free newsletters which are distributed by email. To subscribe click here.