Back-up systems key to blackout recovery

Major Wall Street firms, exchanges and financial technology vendors seemed to shift easily to auxiliary systems last month after North America’s largest ever blackout. However, the event is likely to reopen the issue raised by US government regulators regarding minimum distances between operational and back-up facilities, says analyst Michael Haney at Celent Communications, a Boston-based research consultancy for the financial services industry.

Speaking to Risk’s sister publication

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Chartis RiskTech100® 2024

The latest iteration of the Chartis RiskTech100®, a comprehensive independent study of the world’s major players in risk and compliance technology, is acknowledged as the go-to for clear, accurate analysis of the risk technology marketplace. With its…

T+1: complacency before the storm?

This paper, created by WatersTechnology in association with Gresham Technologies, outlines what the move to T+1 (next-day settlement) of broker/dealer-executed trades in the US and Canadian markets means for buy-side and sell-side firms

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