Yieldbroker Response to Coronavirus Outbreak
Yieldbroker response to coronavirus outbreak
As concerns about the COVID-19 (coronavirus) outbreak, and its impact on financial markets and the broader economy continue to escalate, Yieldbroker confirms we are fully capable of operating remotely and well placed to continue to provide a trusted and consistent service.
Taking a proactive stance, Yieldbroker undertook a successful working from home Business Continuity Plan test in February 2020, with full participation by Sydney and Singapore based employees. Our business development, software development and market operations teams are fully operational from remote locations to support our platform and client trading and data activities. Over the past 12 months we have also taken steps to separate business functionality and thus able to mitigate risk of interruption of service (for example, our Singapore office includes both sales and software development staff resources).
Recent client feedback suggests that we should expect an uptick in platform activity as more participants begin to operate remotely, utilising Yieldbroker’s unique trading, best execution, straight through processing, pricing and compliance functionality.
Yieldbroker introduced staff travel restrictions and quarantine requirements in January 2020. Our response team have developed operational procedures in the event a staff member is diagnosed with COVID-19, and will continue to review BCP and pandemic responses to varying contingencies.
The Yieldbroker electronic trading platform has been operational for over 20 years and thus have extensive pricing history. This is available from Yieldbroker direct as well as via our partner Refinitiv to assist our clients with scenario analysis, valuation and compliance and other requirements. For more details visit https://www.yieldbroker.com/w/data.
Direct all enquiries to our Helpdesk.
Phone (within Australia): 1800 220 550
International: +61 2 9994 2890
London Desk: +44 203 769 0355