Are positive identification techniques and mantraps used in transitions between security zones?
The Interagency white paper expresses the critical need for the completion of clearing and settlement activities for the day and we have provided what we hope will be useful suggestions in that regard. We would be remiss if we didn’t further point out that the co-location of organizations at multiple, redundant sites has additional advantages relative to business continuity. By building and operating critical financial community campuses on two, three or more site locations that are widely dispersed geographically and connecting them with secure, highly available proprietary communication links, a far more resilient architecture is created. This co-location strategy would provide an even higher probability of the timely completion of settlement and clearance, and also continued normal trading activity in all unaffected geographic regions, should the controlling market authorities feel that was desirable. Cessation or restriction of activity in any critical financial market outside of t
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