Business Times

CSE awaits systems failure report from MIT

The Colombo Stock Exchange (CSE), whose systems crashed on September 19 is awaiting a comprehensive analysis from Millennium IT (MIT), its service provider, on the flaw while gearing to invest in a sophisticated system, according to CSE sources.

“We expect the MIT report this week and plan to upgrade and invest in our system accordingly to provide an uninterrupted service,” a source told the Business Times, adding that this is the first time that such a hardware failure occured in the database servers shortly after trading opened. Trading was then halted for the rest of the day and all earlier trades cancelled.

Top to the page  |  E-mail  |  views[1]
SocialTwist Tell-a-Friend
 
Other Business Times Articles
Another IMF review mission expected in Dec: Cabraal
Deutsche Bank has no claim over Sri Lankan Government in oil hedging issue
CSE probing Asian Alliance foul play
SEC charges offenders, warns there’ll be more
United Motors seeking more acquisitions
Oasis in the city
COMMENT - Visitors and online visas
Climate for investment yet to improve in Sri Lanka:US Ambassador
DMS Electronics wins Microsoft award for the second successive year
RDB launches scheme for small and medium scale entrepreneurs
Online visas
Microsoft extends IT training grant for migrant workers
EFutures increases financial software service portfolio
Sino - Sri Lanka trade shows record US$ 2.1 billion volume
Serene wins again at World Luxury Hotel Awards
Fortress scoops prestigious ‘prize’ at World Luxury Hotel Awards
CPC: Petroleum tenders continue to be manipulated
Sir Richard Branson, US actor Edward Norton at Maldivian environmental summit
Over 250 educational institutions, 20 countries at EDEX Expo 2012
Multi Finance’s post-tax profits grows phenomenally by 334 %
ComBank cuts rates on Gold Loans
FIDIC World Consulting Engineers Conference in Davos
Sri Lanka Exporters’ Forum revived
‘Get the basics right’, urges management expert
Insurance industry steady growth this year: IBSL
Bank of Ceylon moves to adopt IFRS
SilverNeedle Hospitality launches in Asia including Sri Lanka
Youth project at soon-to-open Jetwing Lagoon
Iran invites Lankan exporters to trade shows
Sri Lanka setting up first electronics incubator
eMarketingEye to host Online Marketing Conference
MARKSS Healthcare opens regional distribution hub and warehousing complex
SriLankan Airlines says cuts losses, plans to return to profitability
Tourism and hospitality trade fair in October
Micromax launches Van Gogh X450 mobile phone
Industry calls for removing price bands, reinstating circuit breakers
SEC appoints expert panel to thrash out policy
SEC's Prathilabha to feature SEC Chairperson, its DG
Do not be greedy, rely on small profits
CSE to introduce risk mitigation systems in 2012
World Bank team to present consultation papers on SEC Act next month
Finance firms welcome new tight laws
New GK repayment plan blocked by depositor’s move
Seminar on property development
Colombo bourse tests resistance levels
CSE awaits systems failure report from MIT
Sri Lankan entreprenuers invited to vie for new Asian awards scheme
SL financial institutions face increase in cyber threats

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 1996 - 2011 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved | Site best viewed in IE ver 8.0 @ 1024 x 768 resolution