CSE launches 'disaster recovery system'

The Chittagong Stock Exchange yesterday launched a disaster recovery system (DRS) to ensure continuity in trading even during catastrophic natural disasters or national emergency.
The system was introduced at the head office of bourse along with its Dhaka office, the port city bourse said in a statement yesterday.
The system refers to specific steps taken to resume operations in the aftermath of a catastrophic natural disaster or national emergency, according to the statement.
In information technology, such steps may include restoring servers or mainframes with backups, re-establishing private branch exchanges or provisioning local area networks to meet immediate business needs.
The central bank mandated introduction of DRS for local banks.