DCV Activates a backup site in USA

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11 July 2012 News Headline Hits: 412

DCV Activates a Backup Site in USA
Dear Participant: Santiago Monday, February 2, 2011 Within the framework of the alliance with The Depository Trust & Clearing Corporation (DTCC), main custody of securities in the world, Depósito Central de Valores (DCV) enabled a site of recovery in the installations of DTCC in USA. The realization of this project places DCV in the highest level in Chile regarding disaster recovery and businesses´ continuity. Last january 28, the new recovery site of DCV in USA was enabled. Thus, the company protects its operational continuity in case any catastrophe affects the country, as it happened with the last earthquake, february 2010. The recovery site of the company, that was previously located in the city of Concepción, was taken to USA. The new installations became operational by the end of january when a group of executives of DCV enabled the infrastructure to receive synchronously the data from Santiago. The above mentioned, joins the two data processing centers that DCV has in Santiago, which operate remotely and where the information is well-protected and duplicated. For this reason, we can safely say that before a situation of force majeure, DCV will maintain its operations alive, fulfilling its premise that in case of any catastrophe in Santiago, its services will be the last to operate and the first to recover. “The earthquake of february 2010, generated a tactical change in the company, as it evidenced that the DCV backup site could not be at only 500 Km. from Santiago. In 2009 we had already analyzed the necessity of having the capacity of processing market operations in Concepción and we acquired the equipment in order to boost this center”, highlights the Technology Manager of DCV, Nelson Fernández. “We searched for alternatives out of the country and in the context of the alliance with DTCC, we knew of the excellent quality level of its technological infrastructure, which is now available for DCV and, in the future, for other entities of the Chilean market that are considering hosting their backup sites in other safe locations”, adds the executive. Phases Phase1 considered the installation of such an infrastructure that it allows reestablishing the services – in a 70% of the capacities –, in two hours, only with a loss of time of 5 minutes. Phase 2 of the project – that starts next march -, considers reaching a 100% in the processing capacity and reducing the time of loss from minutes to seconds. The implementation of this project places DCV– company of critical mission for the security market -, in the highest standards of security and continuity of operations in the country. NEWS DOWNLOAD PDF FORMAT Depósito Central de Valores; Depósito de Valores S.A. Fernando Yáñez González General Manager

DCV Activates a Backup Site in USA

Dear Participant:

Santiago Monday, February 2, 2011

Within the framework of the alliance with The Depository Trust & Clearing Corporation (DTCC), main custody of securities in the world, Depósito Central de Valores (DCV) enabled a site of recovery in the installations of DTCC in USA. The realization of this project places DCV in the highest level in Chile regarding disaster recovery and businesses´ continuity.

Last january 28, the new recovery site of DCV in USA was enabled. Thus, the company protects its operational continuity in case any catastrophe affects the country, as it happened with the last earthquake, february 2010.

The recovery site of the company, that was previously located in the city of Concepción, was taken to USA. The new installations became operational by the end of january when a group of executives of DCV enabled the infrastructure to receive synchronously the data from Santiago.

The above mentioned, joins the two data processing centers that DCV has in Santiago, which operate remotely and where the information is well-protected and duplicated. For this reason, we can safely say that before a situation of force majeure, DCV will maintain its operations alive, fulfilling its premise that in case of any catastrophe in Santiago, its services will be the last to operate and the first to recover.

“The earthquake of february 2010, generated a tactical change in the company, as it evidenced that the DCV backup site could not be at only 500 Km. from Santiago. In 2009 we had already analyzed the necessity of having the capacity of processing market operations in Concepción and we acquired the equipment in order to boost this center”, highlights the Technology Manager of DCV, Nelson Fernández. “We searched for alternatives out of the country and in the context of the alliance with DTCC, we knew of the excellent quality level of its technological infrastructure, which is now available for DCV and, in the future, for other entities of the Chilean market that are considering hosting their backup sites in other safe locations”, adds the executive.

Phases

Phase1 considered the installation of such an infrastructure that it allows reestablishing the services – in a 70% of the capacities –, in two hours, only with a loss of time of 5 minutes.

Phase 2 of the project – that starts next march -, considers reaching a 100% in the processing capacity and reducing the time of loss from minutes to seconds.

The implementation of this project places DCV– company of critical mission for the security market -, in the highest standards of security and continuity of operations in the country.

NEWS DOWNLOAD PDF FORMAT

Depósito Central de Valores; Depósito de Valores S.A.

Fernando Yáñez González
General Manager