Republican conventionprompts op risk exercise

New Angel

As Risk was going to press, several financial firms in New York were finalising plans to use the disruption expected during the 2004 Republican National Convention as an opportunity to test some of their business continuity plans. For security reasons, most firms remained tightlipped about the details of how, and even if, they were using the duration of the convention – August 30 to September 7 – as an exercise in operational risk management.

A combination of increased security to cou