Transcript Document

Business Continuity Plan on
Recent Experience
By Thailand Securities Depository
Thailand Securities Depository (TSD)
Subsidiary of The Stock Exchange of Thailand (SET)
 Established on November 16, 1994
 The main objective is to develop and promote backoffice system.

TSD Services

TSD services can be provided into 5 main areas;
1. Securities Depository
2. Clearing and Settlement
 Cash Market (Stocks and Bonds)
 Derivatives Market (Performed by Thailand Clearing
House (TCH), subsidiary of TSD)
3. Registration, and;
4. Broker Operation Services
Incidents to apply BCP



Political reasons
- Riots
- Coup d’etat
Natural Disasters
- Earthquake
- Flooding
Unable to access to the work place (main site)
BCP Possible Problem Area
Problem Areas
I.
Communication
between TSD
and Bank of
Thailand or
Settlement
Banks
BCP actions



Declare emergency and announce
BCP
In case: TSD system failure
- Inspected by IT
- Switch link to back up site
In case: Bank of Thailand or
Settlement Banks system failure
- Communicate to settlement
banks
- Send instructions to banks by email or fax
BCP Possible Problem Area
Problem Areas
II.
Communication
between TSD and
Members
BCP actions



Switch link to back up site
In case: members’ system
operates
- Send information to members
by e-mail or fax
In case: members’ system failure
- Get information from members,
TSD operates back office
operation on behalf of members
- Members use TSD operation
site to perform back office
operation.
BCP Possible Problem Area
Problem Areas
III.
Main Site or
system Failure
BCP actions



Declare emergency and
announce BCP
Switch link to backup site
Connect to back up server
and re-check transaction
BCP Possible Problem Area
Problem Areas
IV.
Main Site and
Back Up Site
Failure
BCP actions



Declare emergency and
announce BCP
Suspend all settlements
Inform all markets for halting
all trading
Crisis Flow
And communication
BCP on COUP D’ETAT (Sep 19, 2006)
Impacts to Financial Institutions on September 20




Bank of Thailand (BOT) closed
All settlement banks closed
Stock Market (SET), Bond Market (BEX) and
Derivatives Market (TFEX) Closed
All financial institutions closed
TSD Actions on September 20



Call meeting for the incident according to state BCP
Co-ordinate with SEC, BOT and members to announce a
special non-business day on September 20
All settlements on September 20 were rolled over to
September 21.
Pending Settlement Value;
- Stock Market : Mil฿ 2,697 (Mil$ 77)
- Bond Market : Mil฿ 60,309 (Mil$ 1,723)
- Derivatives Market : Mil฿ 22.08 (Mil$ 0.63)
(Remark : $1 = ฿35)
What happened to the next market
operation day (September 21) ?




Situation was normal.
Market opened and closed on schedule.
All systems worked well and smoothly.
All settlements on September 21 and so on were
rolled over to the next business day.
What is your best practice, if this kind of
incident happens in your market ?
Will you roll over all settlements to the following day on
and on?
 Will you settle the extra round for the special nonbusiness day settlement on the following day?

Questions and Answers
More Information

http://www.tsd.co.th
Thank you