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> "This is a waste of resources, for something that will probably never happen in our lifetime, if ever." Well, whether they were right or not largely depends
by Zenbit_UX 7y ago
> "This is a waste of resources, for something that will probably never happen in our lifetime, if ever."
Well, whether they were right or not largely depends on what you prepared for and how you did it I assume. How does a bank prepare for a pandemic? Stockpile hand sanitizer and toilet paper?
- CaptainZapp 7y ago> How does a bank prepare for a pandemic? Mostly by business continuity planning. For example: Having a spare, idle, fully equipped trading room into which they can split off half of the traders and, by having more space, distance them better. Traders can't really do home office, after all. Expensive? Sure, but much cheaper then having to cease trading due to a pandemie. Banks are in the business of managing risks. And I can assure you that a hell of a lot of thought and planning goes into such events. And a pandemie is actually an event, which is not that unlikely, that a serious, responsible risk planner wouldn't consider it. We see that quite drastically right now.
- aledalgrande 7y agoThe European bank actually has 2 data centers (Rome and Amsterdam) connected via 2 different intranets going through opposite sides of the Mediterranean and they switch the main DC every 6 months to know that the backup works at all times.