CLS plans business continuity improvements

"We’re planning to migrate one of those sites to New York or possibly elsewhere, to get that greater geographic separation," De Feo explained in a speech at the Sibos conference in Singapore last week. He did not specify when the move would take place, but said it would be sometime in "the next few years".

Concurrent

"There will be two sets of operational staff at each of those sites concurrently managing the service. One could take over from the other and complete the day’s business if one of

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