Backup pool (central memory unit; protection scheme)

In banks and insurance companies, a central server that automatically stores every file saved on a single computer. Lost or accidentally deleted files can then be retrieved from this directory. By appropriately designing this main storage, it is possible for the authorized persons (the management) to have an overview of all business transactions at all times. – An indemnification institution that guarantees customers’ deposits with an institution in the event of insolvency. – See pool, bond, covered, security obligation.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/