GAO report slams industry and regulators alike for absent plans


WASHINGTON, DC -- The US General Accounting Office (GAO) issued a report scrutinising the business continuity plans of 15 financial organisations involved in trading or clearing, finding that a majority of these firms have yet to develop contingency plans effective enough to withstand a large-scale disruption.

While all 15 firms reviewed by the GAO were found to have established physical and information security measures following the September 11 terrorist attacks, nine of the firms have yet to

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Next-generation technologies and the future of trading

At a webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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