SIA announces business continuity guidelines for "Unexpected Market Close"

This is the second set of guidelines since the Depository Trust & Clearing Corporation, in mid-March, published its draft plan to address interruptions in daily processing due to unscheduled closings or a protracted system failure. The plan summarises how DTCC would handle these incidents and also encourages industry participants to assess their own operations.

John Panchery, SIA vice-president and managing director, systems and technology, said: “This paper is the result of four months of

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: