Pandemic Exercise Yields Middling Results

"The results don't surprise me," says Steve Crowe, head of U.S. sales for trading systems for BT Global Financial Services. "Because of the conversations I had ... with all of these institutions in terms of disaster recovery and business continuity, they sort of know they are not ready," Crowe says.

The exercise, the full results of which were recently released, was designed to enhance the industry's understanding of the systemic risk to the sector, test firms' response to an H5N1 influenza

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DORA stalls over identifier dispute

A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.

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