BATS Global Markets completed a successful test of the operations of its U.S. equities exchanges BZX and BYX, and BATS Options, from its disaster recovery (DR) site, as part of its business continuity planning process.
The test involved BATS disconnecting its headquarters near Kansas City from all outside network access for the entire day, mirroring what could happen in a disaster situation. All of BATS’ employees from this area reported to a secure and remote DR site and continued to work, while BATS’ offices elsewhere continued normal operations.
“As one of the world’s largest stock market operators, we take business continuity planning very seriously and yesterday marked the second day this year we have operated our U.S. businesses from our disaster recovery site. This process proves that we have the infrastructure redundancy in place to ensure we are equipped to handle potential disaster scenarios,” says Chris Isaacson, global chief information officer at BATS Global Markets. “Operating our day-to-day business from a back-up facility in a seamless manner, with no disruption in service or performance, is a testament to the ongoing efforts we put into the testing of our business continuity planning process.”
The test was fourth such disconnection of its headquarters in two years. The company also tests its DR site live each month, where since 2008, BATS’ operations, technology, regulatory and surveillance teams based in the Kansas City-area office have operated from the DR site, with the primary headquarters remaining online.
BATS Completes Disaster Recovery Test
BATS Global Markets completed a successful test of the operations of its U.S. equities exchanges BZX and BYX, and BATS Options, from its disaster recovery (DR) site, as part of its business continuity planning process.