- Success Stories
Derivium Tradition (India) & Genev Capital, are a part of Tradition Group - one of the world's largest inter-dealer brokers for OTC & exchange cleared FX, Bonds, High yield credits, rates & credit derivatives., Energy , Freight & Commodities
We got a call from a worried Mr. Ashish Ghiya, MD at Derivium Tradition, around March 25th informing that the Mumbai government has ordered the lockdown as a precautionary measure to contain the spread of COVID-19, and everyone is required to work from home from tomorrow. Ashish was worried if the front-office and back-office systems used will be available for the team to work from home. The business continuity plan was triggered and it was a real test of our preparedness for the business continuity
Another test of our preparedness was when Mumbai experienced an extremely rare event of a complete power outage for half of the day on a Monday morning!
We told Ashish that the team can continue to work from home as if they are working from office. There is no change required in their behaviour and the systems are ready and equipped. Ashish was surprised and relieved with the answer as he expected us to ask for a couple of days to get the systems ready for everyone to access and use from home, though he was still a bit skeptical. After a week, we got a call from Mr. Jagdish Udeshi, GM at Derivium, thanking us for the smooth transition to WFH for the entire staff without any glitches at all.
When Mumbai experienced an extremely rare event of a complete power outage for half of the day on a Monday morning, the systems were up and running during the power outage thanks to our IT infrastructure team who closely monitored the situation and ensured that all the critical components of the IT infrastructure are available during the power outage and the UPS sustains the load till the power supply is restored.
For last 7 months, the entire organisation is working from home without any interruption in the functioning of digital systems at Derivium Tradition & Genev Capital, where we have implemented straight through processing of fixed income broking & trading deals, of high volumes, frequency & complexity, as a strategic digital solutions partner for last 12 years!
Business continuity planning
Windows Servers, MS SQL Server, LAN, Internet Leased Line
12 years and ongoing