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Global Equities, a Paris-based institutional financial services company, has won the prestigious Trophee de L’Innovation for pioneering use of technology. Global Equities won the award for an innovative approach to business continuity and disaster recovery.
In partnership with Orange Business Services, Equinix and Inavem, Global Equities was keen to create a back-up site that would work equally well for its people and its technology.
While many Paris-based financial institutions choose disaster recovery sites located close to central Paris, Global Equities needed its DR operations to remain accessible and functioning even if public transport in central Paris was no longer available. The best partner responding to this geographical demand and also offering the best infrastructure was Equinix.
The Equinix Paris Saint-Denis (PA2) Internet Business Exchange (IBX) centre, situated 60km outside of Paris, was chosen for its secure and redundant physical infrastructure and its strong track record of uptime, along with Equinix’s leadership with financial services companies and disaster planning. Power operations at the centre include a high-performance backup system that provides backup power in the event of utility power disruption. Security features 24-hour security officers and hundreds of surveillance cameras.
The scenario planning took a year and included plans for relocating the families of Global Equities’ employees to a hotel next to the disaster recovery site.
Global Equities is also unique in being the first non-government organisation to engage with INAVEM, a government-run body usually involved with assisting victims of accidents and disasters in France and also in Europe alongside Victim Support Europe. Global Equities sought INAVEM’s expertise for creating and implementing a program that would help its employees in case of psychological trauma.
The decision by Global Equities to base the disaster recovery site in a high-performance data centre, its commitment to the welfare of its employees and the full replication of the company’s operations, all contributed to it winning the Trophée de L’Innovation.
www.global-equities.com

•Date: 19th June 2008• Region: W.Europe •Type: Article •Topic: Financial sector
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