Central Banking

New York Fed official stresses third site capacity for FMIs

Richard Dzina considers how market infrastructures can bolster security

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Federal Reserve Bank of New York

Financial market infrastructures should look at technologically diverse, off-network third site solutions, according to Richard Dzina, an executive vice-president at the Federal Reserve Bank of New York.

Dzina said on May 3 that third site capacity was a crucial consideration for systemic market infrastructures planning their response to "the present cyber challenge".

"Market infrastructures need to contemplate technologically diverse, off-network third site solutions, representing an

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