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Summary

On June 1, 2018, MAROCLEAR proceeded to the failover of its operational activities on its backup site.

The purpose of this failover is to test the resilience of MAROCLEAR’s information systems and thus comply with the most demanding business continuity standards, recommendations and best practices. This scenario allows the organization to face any potential production shut-down which would affect its activities, be it due to internal or to external factors (natural catastrophes, cyber attacks, breakdown of machines...).

 

Indeed, in its capacity as Central Depository, MAROCLEAR is a financial market infrastructure that plays a fundamental role in the smooth functioning of the capital markets as well as for the fluidity and security of transactions in securities. Making human resources available onsite, the backup site made it possible to carry out all the processing activities normally, according to the usual schedule and deadlines and in a transparent way for all the partners, who also contributed to the success of this failover exercise.

 

Thanks to the strong involvement of all its teams and the mobilization of all the necessary technical and logistical means, MAROCLEAR thus confirms its ability to ensure the continuity of its services and to control the risks that are inherent to activities of systemic importance.