LCH.Clearnet, a subsidiary of LSE, with headquarters in London, is a clearinghouse hosting many of the major exchanges and platforms as well as a wide range of the OTC markets.
Financial firms process and store sensitive information that is vulnerable to tampering. Unauthorized access to this data has to be averted to avoid the potential for identity theft and market manipulation. Institutions have to block security breaches and monitor access to restricted areas. External and internal auditors mandate they have comprehensive security systems in place to prevent security violations.
Sabre installed cameras and access control systems for LCH.Clearnet when the company moved to a new location in New York City. The clearinghouse uses the security system to provide an audit trail of who enters and leaves the building and restricted areas. The data can be referenced in the event of a security breach.
Having a meticulous security plan will complement the stringent compliance procedures that LCH.Clearnet has to maintain. The Exchange has peace of mind knowing that Sabre Integrated installed a security system that will deter security threats.