6  BIS Review BIS Review 155/2009  For this reason, financial institutions and operators of payment and settlement systems have been making efforts to develop and improve backup systems. Within these efforts, the strengthening of utilities services including a backup communication network and power supply has been one major challenge.
Furthermore, to enhance alternative arrangements for critical settlement functions, it is important to set up contingency staffing arrangements while securing a backup for hardware and software. As we all know, FISC has been making significant contributions in this area.