WTC attacks redefine and underline need for business continuity planning


NEW YORK -- The attack on the World Trade Center (WTC) on September 11 demonstrated the necessity of business continuity plans and disaster recovery centres.

Interdealer broker Icap, formerly Garban-Intercapital, took a major hit in the disaster and was out of commission for a couple of days, according to financial service network Moneyline's chief executive Jon Robson.

Mike Sheard, director of corporate affairs at Icap, said the firm's Electronic Trading Community (ETC) transaction system co

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