The latest business continuity news from around the world

US financial industry business continuity exercise takes place

As part of the ongoing financial industry backup site testing initiative that began in 2003, SIFMA led an industry-wide business continuity exercise on Saturday, October 24th, 2015.

The exercise aimed to test the financial industry's ability to ‘operate through a significant emergency using backup sites, recovery facilities and backup communications capabilities.’

Industry-wide exercises follow a consistent format whereby firms submit test orders and transactions from their backup sites to markets and utilities.

All major US-based exchanges, markets and industry utilities were invited to take place and the exercise involved test transactions for commercial paper, equities, options, futures, fixed income, settlement, payments, Treasury auctions and market data.

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.