Source: Borsa Italiana
TAS Tecnologia Avanzata dei Sistemi, Italian market leader in order routing among banks, brokers and stock exchanges, and BIt Systems, Information & Communication Technology Company of the Borsa Italiana Group, signed an agreement to supply a joint service called "Disaster Recovery Teletrading".
This service will provide financial intermediaries with a Teletrading platform to guarantee disaster recovery of the accesses to Borsa Italiana and interconnection of their customer banks.
Disaster Recovery Teletrading will be activated by simply connecting to one of the three technological multimarket BIt Systems' HUBs where the technological infrastructure of access to markets will be located.
TAS and BIt Systems will provide fully specialised support on the infrastructure, the applications and all components related to markets connected through the HUBs: Borsa Italiana, MTS, Xetra, Eurex, CME (Chicago Mercantile Exchange).