Disaster recovery test successfully performed by CDCC and SKDD-CCP

Zagrebacka Banka d.d.
Summary: 
Central Depository and Clearing Company Inc. (CDCC) and SKDD-CCP Smart Clear Inc. (SKDD-CCP) confirmed to have performed successful disaster recovery test on 16 January 2015.
Thu, 22/01/2015

In collaboration with several market participants, including Croatian National Bank, Central Depository and Clearing Company Inc. (CDCC) and SKDD-CCP Smart Clear Inc. (SKDD-CCP) successfully carried out the regular disaster recovery test of both backup information systems by simulation of the breakdown of some individual parts, and the entire production of the central information system of the CDCC and SKDD-CCP. Transfer of the operations to a backup location was performed as well.

After the availability of backup system was tested with direct members, test of backup systems on the backup location was performed including last daily processing cycle. Upon successful testing, the central business production information system of the CDCC and SKDD-CCP was returned to the primary location.

Impact on investors:  Croatian CSD and future provider of CCP services on the market conducted successful disaster recovery test.