NYPPEX EuroAsia maintains a business continuity plan for all of its businesses. In the event of a business disruption, we have plans designed to allow us to continue operations of critical business functions, such as entering client orders, completing securities transactions and providing clients access to their cash and securities. We accomplish this in part by:
- Relocating impacted business to recovery locations.
- Using redundant processing capability at other locations.
- Using business and technology teams to activate and manage the recovery process.
- Adopting a communication plan to ensure that NYPPEX EuroAsia personnel receives emergency notifications and instructions.
We believe, our recovery times will range from nearly instantaneous to approximately 24 hours.
With regard to client assets, nearly all market-traded securities are held in central depositories (such as the Depository Trust Co. in the U.S.) or with custodian banks or depositories maintaining records of the beneficial ownership positions of their customers.
Although we have taken steps to implement sound business recovery plans, we cannot guarantee that systems will always be available or recoverable after a disaster or significant business disruption. However, we believe that our plans for such events is adequate and consistent with many of the best practices in the financial services industry. Any material changes to the above information will be available on our website at www.nyppexea.com or upon request.
For further information regarding our business continuity plans, please contact us at +90-212-283-5040 or at email@example.com.