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IDX Mandates Backup System

23 December 2014 14:34 WIB

Direktur Utama BEI Ito Warsito (kiri) bersama Ketua Komite Perdagangan Parlemen Finlandia Mauri Pekkarinen (tengah) dan Duta Besar Finlandia untuk Indonesia Kai Sauer (kanan) melihat pembukaan perdagangan saham di lantai Bursa Efek Indonesia, Jakarta, Selasa (17/4). ANTARA/Rosa Panggabean

TEMPO.CO, Jakarta – The Indonesia Stock Exchange (IDX) requires all securities firm to have a backup system as a way to handle system failures and as part of crises management procedures.

IDX president director Ito Warsito said the concept known as business continuity plan (BCP) is able to handle tech-related operational issues of all types.

"BCP is a planning device that contains measures to support organizations in ensuring that all main business activity is not interrupted," he said yesterday.

IDX yesterday launched the availability of this system for the members of the exchange. The bourse authority developed the system with other self-regulatory organizations, PT Kliring Penjaminan Efek Indonesia, PT Kustodian Sentral Efek Indonesia, and the exchange members.

FAIZ NASHRILLAH

Indonesia Stock Exchange (IDX)


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