Common use of Systems Compatibility Clause in Contracts

Systems Compatibility. Each Party shall ensure that, on an ongoing basis, its information systems remain compatible and interoperable with the other Party’s information systems. To that end, each Party shall ensure that (i) its information systems comply with the provisions of the Derivatives Service Level Annex, and (ii) any modification one Party brings to its information systems are performed according to the guidelines specified in the Derivatives Service Level Annex, especially with respect to its quality assurance.

Systems Compatibility. Each Party shall ensure that, on an ongoing basis, its information systems remain compatible and interoperable with the other Party’s 's information systems. To that end, each Party shall ensure that (i) its information systems comply with the provisions clauses set out in Appendix 1B of the Derivatives Service Level AnnexAnnex entitled "Technical description of the systems, protocols, communication processes"; and (ii) any modification one Party it brings to its information systems are performed according to the guidelines specified in the Derivatives Service Level Annex, especially with respect to its quality assurance.