Qatar Stock Exchange conducts successful industry-wide BCP test

23/03/2015 10:27 AST

As part of itsregular BCP procedures, Qatar Stock Exchange, brokers and business partnerssuccessfully conducted an industry-wide BCP exercise at QSE premises. Theproposed scenario involved a major disaster striking QSE primary data centre during the continuoustrading phase of the trading session. During the simulated outage, QSE movedall critical IT operations to thesecondary DR site while all brokers andbusiness partners shifted their connectivity to the same, allowing for theresumption of a safe and orderly trading session within less than one hour. Atthe end of the BCP test, connectivitymoved back to the primary site, thereby ensuring the normal resumption oftrading on the next day following the exercise.

Commenting onthe occasion, QSE CEO, Rashid Al-Mansoori stated: "We are delighted at thepositive outcome of this BCP test and we want to thank all brokers, business partners,and the participating QSE staff for this success as well as the QFMA for theirsupervision of the event. Recent enhancements to our trading platform now allowus to fail-over trading operations and to resume trading with all previoustrades and open orders standing within less than one hour. It is a clearindication of our willingness to ensure business continuity in case of majorBCP events for the benefit of the local and international investor community.


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