Operational outages in large value payment systems [electronic resource] /
David C. Mills.
- London : Henry Stewart Talks, 2010.
- 1 online resource (1 streaming video file (36 min.) : color, sound).
- Effective oversight of payment and settlement systems : maintaining financial plumbing .
- Henry Stewart talks. Marketing & management collection. Effective oversight of payment and settlement systems .
Animated audio-visual presentation with synchronized narration. Title from title frames.
Contents: Large value payment systems (LVPS) are important for the financial system -- The need for reliable liquidity sources to facilitate settlement -- Operational outages can negatively impact a LVPS -- Operational outages are costly -- Example of an operational outage -- Factors that determine the impact of operational outages -- Network topologies -- Participant's strategic behavior -- Participants, operators and central banks can take steps to mitigate an outage's impact -- Fedwire during 9/11/2001 -- Federal reserve response to 9/11/2001 -- Federal reserve liquidity measures -- Multi-bank outages.
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