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Business Continuity Plan on Recent Experience By Thailand Securities Depository.

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Presentation on theme: "Business Continuity Plan on Recent Experience By Thailand Securities Depository."— Presentation transcript:

1 Business Continuity Plan on Recent Experience By Thailand Securities Depository

2 Thailand Securities Depository (TSD) Subsidiary of The Stock Exchange of Thailand (SET) Established on November 16, 1994 The main objective is to develop and promote back-office system.

3 TSD Services TSD services can be provided into 5 main areas;  Securities Depository  Clearing and Settlement Cash Market (Stocks and Bonds) Derivatives Market (Performed by Thailand Clearing House (TCH), subsidiary of TSD)  Registration, and;  Broker Operation Services

4 Incidents to apply BCP Political reasons - Riots - Coup d ’ etat Natural Disasters - Earthquake - Flooding Unable to access to the work place (main site)

5 Problem AreasBCP actions I. Communication between TSD and Bank of Thailand or Settlement Banks Declare emergency and announce BCP In case: TSD system failure - Inspected by IT - Switch link to back up site In case: Bank of Thailand or Settlement Banks system failure - Communicate to settlement banks - Send instructions to banks by e-mail or fax BCP Possible Problem Area

6 Problem AreasBCP actions II. Communication between TSD and Members Switch link to back up site In case: members ’ system operates - Send information to members by e-mail or fax In case: members ’ system failure - Get information from members, TSD operates back office operation on behalf of members - Members use TSD operation site to perform back office operation. BCP Possible Problem Area

7 Problem AreasBCP actions III. Main Site or system Failure Declare emergency and announce BCP Switch link to backup site Connect to back up server and re- check transaction BCP Possible Problem Area

8 Problem AreasBCP actions IV. Main Site and Back Up Site Failure Declare emergency and announce BCP Suspend all settlements Inform all markets for halting all trading BCP Possible Problem Area

9 Crisis Flow And communication

10

11 BCP on COUP D ’ ETAT (Sep 19, 2006) Impacts to Financial Institutions on September 20 Bank of Thailand (BOT) closed All settlement banks closed Stock Market (SET), Bond Market (BEX) and Derivatives Market (TFEX) Closed All financial institutions closed

12 TSD Actions on September 20 Call meeting for the incident according to state BCP Co-ordinate with SEC, BOT and members to announce a special non-business day on September 20 All settlements on September 20 were rolled over to September 21. Pending Settlement Value; - Stock Market : Mil ฿ 2,697 (Mil$ 77) - Bond Market : Mil ฿ 60,309 (Mil$ 1,723) - Derivatives Market : Mil ฿ 22.08 (Mil$ 0.63) (Remark : $1 = ฿ 35)

13 Situation was normal. Market opened and closed on schedule. All systems worked well and smoothly. All settlements on September 21 and so on were rolled over to the next business day. What happened to the next market operation day (September 21) ?

14 What is your best practice, if this kind of incident happens in your market ? Will you roll over all settlements to the following day on and on? Will you settle the extra round for the special non-business day settlement on the following day?

15 Questions and Answers

16 More Information http://www.tsd.co.th

17 Thank you


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