Financial Information Forum Joins FSSCC; Financial Services Sector Coordinating Council Membership Increases to 31, Representing Thousands of Financial Services Organizations.
NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- New York-based Financial Information Forum (FIF (Fractal Image Format) A graphics file format from content management company Interwoven, Inc. San Jose, CA (www.interwoven.com) that stores fractal images with compression ratios as high as 2,500:1. FIF was originally from MediaBin, Inc. ) has signed on as the newest member of the Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page. Sector Coordinating Council for Critical Infrastructure Protection Department of Defense (DOD) program to identify and protect assets critical to the Defense Transportation System. Loss of a critical asset would result in failure to support the mission of a combatant commander. and Homeland Security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security
Department of Homeland Security
executive department - a federal department in the executive branch of the government of the United States (FSSCC FSSCC Financial Services Sector Coordinating Council ), a network of 30 other financial services industry associations and trade groups that work together to protect the national financial infrastructure by coordinating the private sector's preparation for events that could disrupt the normal business of financial services, such as terrorism, natural disasters or cyber attacks.
FIF, a collaborative network of 40+ leading market data vendors, service bureaus, exchanges, and financial institutions, addresses issues relating to relating to relate prep → concernant
relating to relate prep → bezüglich +gen, mit Bezug auf +acc technology, regulatory, and market innovations. FIF members are focused on ensuring that market data and processing services lead to informed and efficient trading.
"FIF brings together the most significant market data originators, vendors and service bureaus -- a group of market participants previously unrepresented unrepresented adj → nicht vertreten in FSSCC," said Donald F. Donahue, Sector Coordinator and Chairman of the FSSCC. "Outreach and education is a strategic goal in FSSCC's 2005 agenda, and we welcome the contributions of FIF and their members on these fronts as we work together to enhance business continuity preparations."
"Financial information technology is the lifeblood of the securities industry," said Manisha Kulkarni, Executive Director, FIF. "Ensuring that the securities industry operates effectively during a crisis requires concerted effort on the part of the entire financial information community. Through our participation in FSSCC, we look forward to working with other associations and utilities to share and collaborate on the lessons learned to date, to effectively prepare for emergencies."
About the Financial Information Forum:
The Financial Information Forum (FIF) addresses the issues that impact the financial information industry, from real-time decision support through securities processing. FIF provides a collaborative environment for subscribers to benefit from technology, regulatory, and market innovations. Through FIF's Business Continuity Planning Business Continuity Planning (BCP) is an interdisciplinary peer mentoring methodology used to create and validate a practiced logistical plan for how an organization will recover and restore partially or completely interrupted critical function(s) within a predetermined (BCP BCP Best Current Practice(s)
BCP Business Continuity Planning
BCP Business Continuity Plan
BCP Book of Common Prayer
BCP Banco Comercial Português
BCP Bureau of Consumer Protection (US Federal Trade Commission) ) Committee, FIF maintains a members' BCP Web site to share contact information, and to keep members alert and updated on the current status of operations during disasters. Financial institutions, vendors, and exchanges are encouraged to join the Financial Information Forum, which serves as a focal point focal point
See focus. for coordination and communication on behalf of the industry. Prospective subscribers should contact the FIF Program Office at firstname.lastname@example.org or call 212.422.8568 for additional information.
About the Financial Services Sector Coordinating Council for Critical Infrastructure Protection and Homeland Security (CIP/HLS)
The Financial Services Sector Coordinating Council for Critical Infrastructure Protection and Homeland Security (www.fsscc.org) is a group of private sector firms and financial trade associations that works to help reinforce the financial services sector's resilience against terrorist attacks and other threats to the nation's financial infrastructure. In this capacity, the Council works with the Department of the Treasury, which has direct responsibility for infrastructure protection and homeland security efforts for the financial services sector. It serves under the overall guidance of the Department for Homeland Security, under Homeland Security Presidential Directive Noun 1. Presidential Directive - a directive issued by the President of the United States; usually addressed to all heads of departments and agencies
directive - a pronouncement encouraging or banning some activity; "the boss loves to send us directives" 7. Since most of the sector is privately owned, the Treasury appoints a private-sector Coordinator with whom to work on these issues. Treasury Secretary John Snow appointed Mr. Donahue to this role in May 2004. The Sector Coordinator also serves as Chairman of the Council.
The Council members include:
America's Community Bankers American Bankers Association American Council of Life Insurers American Insurance Association American Society for Industrial Security International BAI BITS/The Financial Services Roundtable ChicagoFIRST, LLC Chicago Mercantile Exchange CLS Group Consumers Bankers Association Credit Union National Association The Depository Trust & Clearing Corporation Fannie Mae Financial Services Information Sharing and Analysis Center, LLC Financial Information Forum Futures Industry Association Independent Community Bankers of America Investment Company Institute Managed Funds Association The NASDAQ Stock Market, Inc. National Association of Federal Credit Unions National Association of Securities Dealers (NASD) NACHA - The Electronic Payments Association New York Board of Trade The Clearing House Securities Industry Association Securities Industry Automation Corporation The Bond Market Association The Options Clearing Corporation VISA USA Inc.