On 12 November 2013 the National Settlement Depository (NSD), the Moscow Exchange Group and the National Clearing Centre, all part of the MOEX Group, conducted BCP testing with the Bank of Russia, which was aimed at checking the interaction between them in emergency cases:
- the internal procedures which would be activated in emergency cases and during recovery times were tested
- the Moscow Exchange crisis centre held an emergency meeting
During the BCP testing members of the crisis teams exchanged information in real-time mode and the trading participants were informed via the automated SMS notification system. As a result, the BCP testing was recognized as being successful.
In addition, NSD announced that on 16 October 2013 it tested its recently modernized back-up site, which envisaged recovery simulation of the most critical business processes. As a result, the improved capabilities of the modernized NSD back-up site and NSD's ability to ensure the uninterrupted servicing of its clients were confirmed.
Impact on investors: The successful results of the joint BCP testing confirm the safety of the local market infrastructure and its readiness to ensure integrity of investor assets.