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GSS Notes

November 3, 2003

Euroclear plans business contingency revamp
Settlement system Euroclear plans to implement a new business
continuity programme built on a framework of three data centres to
store and process transactions. Euroclear maintains that the
arrangements will enable each of its entities to resume their technical
operations within one hour of a local disaster, such as a fire or a
bomb, or within three hours of a major regional disaster that disables
both primary data centres. It will also be able to work in its new
business contingency environment for up to two years.

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