How to build a robust disaster recovery plan?

investcloud blog, wealth management cloud

InvestCloud can closely recall the second-costliest hurricane, known commonly as Superstorm Sandy, which was a Category 3 hurricane that affected 24 states in the US and will see its third anniversary in October 2015. Its impact was so severe that the New York Stock Exchange and Nasdaq closed for two days due to power outages and flooding in the tri-state area. The economic impact of this event trickled down to various sectors, including communications and transportation, as the hurricane flooded the streets of New York, New Jersey, and even destroyed parts of the subways.

The aftermath of Sandy, coupled with New York’s role as a major player in the global economy, brought a growing focus on disaster recovery in the financial technology industry. Read more:

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