Operating From Disaster Recovery Site (DRS)

CDSL is pleased to announce that it has implemented a new, state-of-the-art business continuity programme with effect from December 20, 2003, that will strengthen safeguards for the financial markets against operational failure due to any disaster. After successful testing of operations from CDSL's DRS with few DPs on December 6, 2003, all users of the CDSL system were connected to DRS on December 20, 2003, to carry out the entire operations seamlessly, including inter-depository transactions. CDSL system users were automatically connected to CDSL's DRS from start of day (SOD), without any special efforts at the user's end. The key standards include the use of another seamlessly operational data centre to store and process transactions of beneficial owners. This new arrangement will enable all users to resume their technical operations within an hour of any event that disables the primary data centre. CDSL's fully functional state-of-the-art DRS is situated at a remote location, where data is simultaneously updated from the main site through a high-speed connectivity.