Trading Turret Vendor Stresses Logistics in Disaster Planning
Business continuity planning (BCP) requires a comprehensive and global approach, says Thierry Charvet, marketing manager for trading solutions at Orange Business Services. A provider of trading turrets to major financial firms around the world, Paris-headquartered Orange is often called on to help in disaster recovery preparation.
Firms need to think through staff requirements, logistics and psychology when doing their planning, says Charvet. A trading firm needs a backup facility that is fully equipped, clean and ready to run--old equipment half covered in dust is not acceptable. Also important, he notes, is that firms remember that in the event of a disaster their staff will be on edge and must have facilities that put them at ease. He suggests having a psychologist available to help them feel secure so they can focus on work.
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