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Qatar Stock Exchange conducts a successful sector-wide business continuity test As part of its regular business continuity processes, Qatar Stock Exchange (QSE), brokers and business partners have successfully conducted a sector-wide business continuity exercise at QSE’s premises. The scenario involved a major disaster striking QSE premises and primary data centre/center during the pre-opening phase of the trading session. During the simulated outage, QSE moved all critical IT and business operations to the secondary disaster recovery and business continuity operations site while all brokers and business partners shifted their connectivity to the same site, allowing for the resumption of a safe and orderly trading session. At the end of the test, post-trading procedures were securely undertaken and connectivity moved back to the primary site, thereby ensuring the normal resumption of trading on the next day following the exercise. Commenting on the test, QSE CEO, Rashid Al-Mansoori stated: "We are delighted at the positive 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 their supervision of the event. It is a clear indication of our willingness to ensure business continuity in case of major BCP events for the benefit of the local and international investor community. Nevertheless, we will not rest on these laurels and we are actively working on new initiatives to reduce the fail-over timespan and these will be tested during the next BCP event" •Date: 12th December 2014 • Middle East •Type: Article • Topic: BC tests & exercises
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