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Tuesday, October 10, 2017

Nasdaq Fund Network #2017 - 4
Nasdaq to Include MFQS System in SIFMA Disaster Recovery Test on Saturday, October 14, 2017

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What you need to know:

    On Saturday, October 14, 2017, Nasdaq will participate in the Securities Industry and Financial Markets Association (SIFMA) annual industry-wide business continuity test.

    Mutual Fund Quotation Service (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 MFQS from its disaster recovery location on Saturday, October 14, 2017, as part of the SIFMA annual industry-wide business continuity test.

On October 14, 2017, MFQS will operate out of Nasdaq’s back up data center in Chicago, Illinois. The standard Saturday testing hours are 9 a.m. to 12 p.m. U.S. Eastern Time (ET).

What is the SIFMA industry-wide test?

Since 2003, SIFMA 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 the SIFMA Industry Testing page.

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 Saturday, October 14, 2017.

MFQS CTCI subscribers may use the test as an opportunity to verify connectivity to Nasdaq’s Chicago 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 11, 2017.

Nasdaq will conduct an open conference call for MFQS testing participants on October 14, 2017. The call details will be sent to registered MFQS subscribers upon registration.

Who should I contact for more information?

For MFQS testing inquiries, please contact Nasdaq Mutual Fund Operations at +1 301 978 5307 (Option 6).

For general inquiries about the SIFMA industry-wide test, please contact U.S. Market Operations at +1 212 231 5180.

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