TY - ADVS AU - Mills,David C. TI - Operational outages in large value payment systems T2 - Effective oversight of payment and settlement systems : maintaining financial plumbing, PY - 2010/// CY - London PB - Henry Stewart Talks KW - Bank liquidity KW - Payment N1 - 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; Access restricted to subscribers UR - https://hstalks.com/bm/1683/ UR - https://hstalks.com/bm/p/463/ ER -