US Agencies’ Paper Focuses on Back Office
RECOVERY AND CONTINUITY
WASHINGTON, D.C.--Three US federal governmental agencies have clearly focused their latest set of disaster recovery and business continuity (DR/BC) guidelines on clearing and settlement activities, sidestepping the front-office trading operations issues.
The trio also backed away from its previous guideline that suggested firms locate their disaster recovery site hundreds of miles away from their primary offices.
The Federal Reserve System, the Office of the Comptroller of the Currency (OCC) and
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