{"id":980,"date":"2020-04-29T15:48:00","date_gmt":"2020-04-29T15:48:00","guid":{"rendered":"https:\/\/www.integral.com\/?p=980"},"modified":"2024-02-22T17:43:14","modified_gmt":"2024-02-22T17:43:14","slug":"the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times","status":"publish","type":"post","link":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/","title":{"rendered":"The FX industry can achieve \u201cbusiness as usual\u201d at these most unusual of times"},"content":{"rendered":"\n

As novel COVID-19 has swept the globe, financial institutions can still remain focussed on trying to operate business as usual and serve their clients. No doubt this continuity can be achieved largely in part with access to the right technology.<\/strong><\/p>\n\n\n\n

We are facing the biggest black swan event of our generation. The impact of COVID-19 has surpassed all other crises in the last 50 years, at least in terms of its far-reaching impact on global economies and everyday life. <\/p>\n\n\n\n

The current crisis has forced businesses of all kinds to shutter their physical offices. Firms with the wherewithal to do so have now transitioned their operations and employees to a 100% remote working condition. No doubt that the impact of this disruptive event will continue to be felt professionally and personally by many people for several more weeks, if not months to come.<\/p>\n\n\n\n

We should also recognize that it was no small feat for so many financial institutions to move quickly into business continuity plan (BCP) protocol. Being able to make prices and manage risk remains a business-critical mission, especially at a time when we\u2019ve seen huge volume and volatility spikes, as well as impact on liquidity. <\/p>\n\n\n\n

Yet working in BCP mode means doing all the above while also problem-solving for load on one\u2019s technology infrastructure or perhaps even an inability to easily access systems remotely. Fortunately, many obstacles this time were mitigated by the fact that quite a number of firms have already moved significant parts of their infrastructure to cloud-based services.<\/p>\n\n\n\n

The FX industry has yet again proven its inherent resilience and we should be very proud of our response thus far. Let\u2019s give recognition and kudos to the teams at banks, financial institutions, and technology platforms working tirelessly to keep operations running and maintaining business continuity. Here at Integral, I was proud of the fact that our move to working remotely was practically seamless, and largely business as usual as we focused on how to continue serving our clients.<\/p>\n\n\n\n

Indeed, now is exactly the time to be focused on serving clients, and serving them well. To do this, I firmly believe that half the battle is simply having the right systems and infrastructures in place, and to be able to access it wherever you are working. Technology has a critical role to play in this prolonged BCP situation we find ourselves in. <\/p>\n\n\n\n

I believe many of us will also be asking ourselves what exactly the new normal will be once we emerge from this period of remote work. I firmly believe that together we will get through this and emerge stronger. When we get to the other side, I would not be surprised if the banking industry also begins to take a closer look at their infrastructures and their readiness for similar events in the future.<\/p>\n\n\n\n

Just as one wouldn\u2019t say \u201cNow that coronavirus isn\u2019t a threat, I\u2019m not going to wash my hands,\u201d businesses will not be able to argue that cloud is still an optional item in their technology strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"

As novel COVID-19 has swept the globe, financial institutions can still remain focussed on trying to operate business as usual and serve their clients. No doubt this continuity can be achieved largely in part with access to the right technology. We are facing the biggest black swan event of our generation. The impact of COVID-19 […]<\/p>\n","protected":false},"author":8,"featured_media":268,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[37],"tags":[],"class_list":["post-980","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"\nMaintaining FX Business Continuity in Unprecedented Times<\/title>\n<meta name=\"description\" content=\"Discover how the FX industry maintains business as usual during unprecedented times through advanced technology and strategic resilience.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The FX industry can achieve \u201cbusiness as usual\u201d at these most unusual of times\" \/>\n<meta property=\"og:description\" content=\"Discover how the FX industry maintains business as usual during unprecedented times through advanced technology and strategic resilience.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/\" \/>\n<meta property=\"og:site_name\" content=\"Integral\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-29T15:48:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-22T17:43:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/12\/red-bg.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1209\" \/>\n\t<meta property=\"og:image:height\" content=\"569\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Integral\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Integral\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/\"},\"author\":{\"name\":\"Integral\",\"@id\":\"https:\/\/www.integral.com\/#\/schema\/person\/6cb65378b685845246fe216e3798ae98\"},\"headline\":\"The FX industry can achieve \u201cbusiness as usual\u201d at these most unusual of times\",\"datePublished\":\"2020-04-29T15:48:00+00:00\",\"dateModified\":\"2024-02-22T17:43:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/\"},\"wordCount\":525,\"publisher\":{\"@id\":\"https:\/\/www.integral.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/12\/red-bg.png\",\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/\",\"url\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/\",\"name\":\"Maintaining FX Business Continuity in Unprecedented Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.integral.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/12\/red-bg.png\",\"datePublished\":\"2020-04-29T15:48:00+00:00\",\"dateModified\":\"2024-02-22T17:43:14+00:00\",\"description\":\"Discover how the FX industry maintains business as usual during unprecedented times through advanced technology and strategic resilience.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#primaryimage\",\"url\":\"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/12\/red-bg.png\",\"contentUrl\":\"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/12\/red-bg.png\",\"width\":1209,\"height\":569},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.integral.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The FX industry can achieve \u201cbusiness as usual\u201d at these most unusual of times\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.integral.com\/#website\",\"url\":\"https:\/\/www.integral.com\/\",\"name\":\"Integral\",\"description\":\"Your trusted FX technology partner\",\"publisher\":{\"@id\":\"https:\/\/www.integral.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.integral.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.integral.com\/#organization\",\"name\":\"Integral\",\"url\":\"https:\/\/www.integral.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.integral.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/11\/Nav-logo-yellow.svg\",\"contentUrl\":\"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/11\/Nav-logo-yellow.svg\",\"width\":107.246,\"height\":30.123,\"caption\":\"Integral\"},\"image\":{\"@id\":\"https:\/\/www.integral.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.integral.com\/#\/schema\/person\/6cb65378b685845246fe216e3798ae98\",\"name\":\"Integral\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.integral.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f4dcfc51e0664850f03b3a9d8abe7c3acf738076aa58e5a0f4b0b44f34bb0e0f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f4dcfc51e0664850f03b3a9d8abe7c3acf738076aa58e5a0f4b0b44f34bb0e0f?s=96&d=mm&r=g\",\"caption\":\"Integral\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Maintaining FX Business Continuity in Unprecedented Times","description":"Discover how the FX industry maintains business as usual during unprecedented times through advanced technology and strategic resilience.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/","og_locale":"en_GB","og_type":"article","og_title":"The FX industry can achieve \u201cbusiness as usual\u201d at these most unusual of times","og_description":"Discover how the FX industry maintains business as usual during unprecedented times through advanced technology and strategic resilience.","og_url":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/","og_site_name":"Integral","article_published_time":"2020-04-29T15:48:00+00:00","article_modified_time":"2024-02-22T17:43:14+00:00","og_image":[{"width":1209,"height":569,"url":"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/12\/red-bg.png","type":"image\/png"}],"author":"Integral","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Integral","Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#article","isPartOf":{"@id":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/"},"author":{"name":"Integral","@id":"https:\/\/www.integral.com\/#\/schema\/person\/6cb65378b685845246fe216e3798ae98"},"headline":"The FX industry can achieve \u201cbusiness as usual\u201d at these most unusual of times","datePublished":"2020-04-29T15:48:00+00:00","dateModified":"2024-02-22T17:43:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/"},"wordCount":525,"publisher":{"@id":"https:\/\/www.integral.com\/#organization"},"image":{"@id":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#primaryimage"},"thumbnailUrl":"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/12\/red-bg.png","articleSection":["Blog"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/","url":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/","name":"Maintaining FX Business Continuity in Unprecedented Times","isPartOf":{"@id":"https:\/\/www.integral.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#primaryimage"},"image":{"@id":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#primaryimage"},"thumbnailUrl":"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/12\/red-bg.png","datePublished":"2020-04-29T15:48:00+00:00","dateModified":"2024-02-22T17:43:14+00:00","description":"Discover how the FX industry maintains business as usual during unprecedented times through advanced technology and strategic resilience.","breadcrumb":{"@id":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#primaryimage","url":"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/12\/red-bg.png","contentUrl":"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/12\/red-bg.png","width":1209,"height":569},{"@type":"BreadcrumbList","@id":"https:\/\/www.integral.com\/the-fx-industry-can-achieve-business-as-usual-at-these-most-unusual-of-times\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.integral.com\/"},{"@type":"ListItem","position":2,"name":"The FX industry can achieve \u201cbusiness as usual\u201d at these most unusual of times"}]},{"@type":"WebSite","@id":"https:\/\/www.integral.com\/#website","url":"https:\/\/www.integral.com\/","name":"Integral","description":"Your trusted FX technology partner","publisher":{"@id":"https:\/\/www.integral.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.integral.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.integral.com\/#organization","name":"Integral","url":"https:\/\/www.integral.com\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.integral.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/11\/Nav-logo-yellow.svg","contentUrl":"https:\/\/www.integral.com\/wp-content\/uploads\/2022\/11\/Nav-logo-yellow.svg","width":107.246,"height":30.123,"caption":"Integral"},"image":{"@id":"https:\/\/www.integral.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.integral.com\/#\/schema\/person\/6cb65378b685845246fe216e3798ae98","name":"Integral","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.integral.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f4dcfc51e0664850f03b3a9d8abe7c3acf738076aa58e5a0f4b0b44f34bb0e0f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f4dcfc51e0664850f03b3a9d8abe7c3acf738076aa58e5a0f4b0b44f34bb0e0f?s=96&d=mm&r=g","caption":"Integral"}}]}},"_links":{"self":[{"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/posts\/980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/comments?post=980"}],"version-history":[{"count":1,"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/posts\/980\/revisions"}],"predecessor-version":[{"id":3490,"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/posts\/980\/revisions\/3490"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/media\/268"}],"wp:attachment":[{"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/media?parent=980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/categories?post=980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.integral.com\/wp-json\/wp\/v2\/tags?post=980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}