What is now being called a historic storm, Sandy crippled transportation, knocked out power for millions and killed at least 64 people with a massive storm surge that caused epic flooding.
Thomson Reuters Financial & Risk business unit continues to monitor very closely the path of Hurricane Sandy and its potential effect on the East Coast of the U.S. and in particular on our data center locations and services. We are drawing on information from the U.S. government, state advisories and Reuters News coverage as we review plans dynamically to ensure we are fully prepared to respond to any change in the situation.
SIFMA (Securities Industry and Financial Markets Association) is providing updates on market openings and closures at www.sifma.org.
Thomson Reuters systems and services are currently fully operational, and comprehensive, tested business continuity plans are in place, including the following measures, to support Financial & Risk customers.
- Our data centers and operations teams in the U.S. are fully staffed, with essential employees in local accommodations. Remote monitoring is in place outside the East Coast.
- Our data centers are supported by generators should they lose power, and relevant local utilities have verified that they are on emergency preparedness and ready to respond.
- The Thomson Reuters Emergency Management Committee (EMC) in the Americas is meeting regularly, with mirror teams in Europe and Asia on standby to take the lead on emergency management activities in case of widespread power and connectivity outages in the U.S.
- Should any of our systems or products encounter issues, this will be communicated to customers via our normal alerting mechanisms.
In the event of an incident or significant disruption, Thomson Reuters Support Centers, Service Alerts and other customer communication channels will be used to provide proactive information to customers.
If you have questions, please contact your local Thomson Reuters Support Center or your Thomson Reuters account team
Forecasters are warning that Sandy could be more destructive than last year’s Hurricane Irene, which caused billions of dollars in damage across the U.S. Northeast. Today’s graphic shows the top ten costliest mainland US tropical cyclones. Once the storm is over, where do you think Sandy will rank?
Follow the latest updates, photo and video of Hurricane Sandy.
Hurricane Isaac drove water over the top of a levee on the outskirts of New Orleans yesterday, but the multibillion-dollar barriers built to protect the city after Hurricane Katrina were not breached. Approximately 409,000 Louisiana customers of utility Entergy Corp were without power as of Wednesday morning, the company reported. Today’s graphic lists the 10 most expensive hurricanes in U.S. history.
What kind of economic impact do you think hurricane Isaac will have?
Natural disasters like March’s earthquake in Japan will cost the global economy a record $350 billion this year, with losses for the insurance industry second only to 2005 when Hurrican Katrina hit New Orleans. Today’s graphic ranks the ten most costly insured disaster losses in 2011.
Thomson Reuters Director of Consumer Research Jharonne Martis says lost sales from Hurricane Irene have forced retailers to employ steep discounts, which could hurt margins, especially among apparel stores.
Today’s graphic tracks the aftermath of Hurricane Irene. As the east coast tries to recover from the storm, many people are faced with damages to their homes, their town, transportation problems and more. Below, we can see the number of power outages, evacuations and deaths that are currently accounted for. Did you experience Hurricane Irene? If so, feel free to tell us what it was like in the comments section.