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Thursday, October 2, 2014

Nasdaq Fund Network #2014 - 6
Nasdaq to Include MFQS System in SIFMA Disaster Recovery Test on October 25, 2014

System Impacted:

Interfaces Impacted:

  • MFQS Computer-to-Computer Interface (CTCI)
  • MFQS Secured Website
  • Mutual Fund Dissemination Service (MFDS)

Contact Information:

What you need to know:

  • On Saturday, October 25, 2014, Nasdaq will participate in the Securities Industry and Financial Markets Association (SIFMA) annual industry-wide business continuity test.
  • Beginning with the 2014 test, Nasdaq will include the Mutual Fund Quotation Service (MFQS) and associated client interfaces in the SIFMA test.
  • MFQS pricing agents and market data vendors are strongly encouraged to test and verify connectivity to Nasdaq 's back up data center in Ashburn, Virginia.

What is happening?

Nasdaq will operate the Mutual Fund Quotation Service (MFQS) from its disaster recovery location on Saturday, October 25, 2014, as part of the SIFMA annual industry-wide business continuity test.

On October 25th, MFQS will operate out of the Nasdaq 's back up data center in Ashburn, Virginia. The standard Saturday testing hours are 9 a.m. to 1 p.m., Eastern Time (ET).

What is the SIFMA industry-wide test?

Since 2003, the Securities Industry and Financial Markets Association (SIFMA) has coordinated an annual industry-wide business continuity test in October. This SIFMA test is intended to exercise the financial industry's ability to operate through a significant emergency using backup sites, recovery facilities and backup communications capabilities across the industry. The test is supported by all major exchanges, markets and industry utilities. For details, please refer to http://www.sifma.org/services/bcp/industry-testing/.

Who should participate in the test?

Nasdaq strongly recommends that all MFQS subscribers with direct data center access participate in the MFQS / SIFMA test on October 25th.

MFQS CTCI subscribers may use the test as an opportunity to verify connectivity to Nasdaq’s Ashburn data center. MFQS website users and MFDS subscribers are also welcome to participate in the disaster recovery test.

How do I register for the MFQS disaster recovery test?

MFQS subscribers should email the testing registration form to Nasdaq Mutual Fund Operations no later than Wednesday, October 22, 2014.

Nasdaq will conduct an open conference call for MFQS testing participants on October 25th. The call details will be sent to registered MFQS subscribers upon registration.

Will NASDAQ OMX be operating other systems at its disaster recovery facility on October 25th?

Yes. Nasdaq will support all exchange systems for the SIFMA test. Nasdaq will post a separate Equity Trader Alert with testing registration information for its exchange systems.

Is it possible to verify MFQS CTCI connection to Nasdaq disaster recovery location prior to the SIFMA test?

Yes. MFQS CTCI subscribers may schedule a “telnet only" connectivity test to Nasdaq’s disaster recovery site on weekday evenings. Firms should email Nasdaq Trading Services with their firm’s name, MPID, IP addresses and CTCI ports when requesting a time.

Who should I contact for more information?


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