- Company Executed Critical Phase of Business Continuity Testing March 14th
KANSAS CITY, Missouri, March 20, 2013 /PRNewswire/ -- BATS Global Markets (BATS), a leading operator of securities markets in the U.S. and Europe, today announced the successful and total operation of its U.S. businesses from its disaster recovery (DR) site on March 14th as part of its Business Continuity Planning (BCP) process.
As part of this BCP test, the company's global headquarters was disconnected from all outside network access for the entire day, mirroring what could happen in an actual disaster situation. All of BATS' Kansas City-area employees reported to the DR site and conducted their daily routines from the secure and remote location.
Joe Ratterman, president and chief executive officer of BATS Global Markets, said "We've always placed a high priority on business continuity planning and feel it's important to test plans regularly. Last Thursday we attempted, and were successful, in taking our headquarters facility completely offline for the first time with no disruption in our service or performance for our customers, who were unaware any location change had taken place."
While March 14th marked the first time BATS' primary office was completely disconnected from outside network access, the company does test its DR site monthly. For one full day each month since 2008, the company's Operations, Regulatory and Surveillance teams have operated from the DR site, with the primary headquarters remaining online.
About BATS Global Markets, Inc.
BATS Global Markets, Inc. (BATS) is a leading operator of securities markets in the U.S. and Europe. BATS develops and operates electronic markets for the trading of listed cash equity securities in the U.S. and Europe and listed equity options in the U.S. BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Chi-X Europe, which operates a FSA-authorized multilateral trading facility. BATS' innovative and proprietary technology was developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. The company is headquartered in the Kansas City, Mo. area, with additional offices in New York and London. For more information, visit www.bats.com.
SOURCE BATS Global Markets