FMA provides the capability for real time, asynchronous mirroring of financial messages, from one geographic site to another.

The Backup Centre should be situated in a different geographical site then the primary site (especially if the primary site is situated in an area with a history of earthquakes, flooding or other natural disasters). Our recommendation is that important market players should have two functional backup centres located in two widely different locations. Hardware, software and telecommunications facilities of the Hot Backup Centres should be identical to the ones in the primary site.

FMA transmits transactions in real time from the primary platform to the secondary platform. Because what is being transmitted is single transactions and not database replicas, the system is efficient from the communications costs point of view.

Besides the basic transaction mirroring engine, FMA offers:

• a monitoring subsystem (from both business and technical perspective)
• a procedure and event management subsystem providing:
• working procedures management (create, update & disseminate)
• BC&DR (business continuity and disaster recovery) support
• planned events support
• eLearning support

FMA