Lehman Goes Virtual for DR/BCP
NEW YORK—Lehman Brothers has installed virtual trading workstations in the homes of approximately 50 of its traders as part of a pilot program to test the viability of working from home in the event of a crisis.
The pilot program began in the summer of 2005 and new workstations have been added on a request basis, says Daniel Gonnella, co-global head of business continuity at Lehman Brothers. In the event of an imminent threat such as a flu pandemic, a large-scale rollout to Lehman employees would
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