BATS Global Markets (BATS), a leading operator of exchanges and services for financial markets globally, has published details of a successful test of its business continuity processes.
As part of the test BATS took its company headquarters completely offline and operated from its Kansas City-area disaster recovery site instead. All of the 110 employees based at BATS’ global headquarters either reported to the DR site and conducted their daily routines from the secure and remote location or worked remotely. The BATS offices in the New York area, Chicago, London and Singapore continued normal operations.
In addition to the twice-yearly BCP test, BATS also tests its local Kansas City DR site each month. For one full day monthly since 2008, the company’s Operations, Technology, Regulatory and Surveillance teams in Kansas City have operated from the local DR site, with the primary headquarters remaining online.
BATS also maintains a DR site in Chicago that serves as a backup for its exchange technology infrastructure that is located in Secaucus, N.J.