Disaster recovery (DR), or business continuity planning, is probably the most pressing issue in financial services IT in the aftermath of the World Trade Center attack in New York on September 11.
"DR is starting to emerge as this year's Y2K," said Henry Young, director of product strategy at financial IT consulting company TS-Associates in London. He was referring to the financial service industry's rush to rectify computer systems ahead of the year 2000 for fear computers would not recogni
The week on Risk.net, October 6-12, 2017Receive this by email
- Quantile, TriOptima face off in cleared swaps compression battle
- Leaked EU doc could shield legacy swaps from clearing grab
- ABS set for revival under US Treasury’s liquidity buffer plans
- SGX, HKEX expect to be among first wave of Mifid II equivalence
- Industry hails potential US relaxation of margin timing rules