INTELLIGENT DATACENTRES
Boursa Kuwait signs agreement
with Ooredoo to manage disaster
recovery datacentre
s part of its ongoing
commitment to provide a secure,
robust and cost-effective market
place infrastructure, which ensures the
continuity of the operation’s key services
in the case of disasters, Boursa Kuwait has
signed an agreement with Ooredoo Kuwait,
to host the stock exchange’s disaster
recovery (DR) datacentre.
The signing ceremony was held at
the Boursa Kuwait headquarters, in the
presence of Khaled Abdulrazzaq AlKhaled,
Chief Executive Officer, Boursa Kuwait, and
Sheikh Mohammed bin Abdullah Al Thani,
Chief Executive Officer at Ooredoo Kuwait,
as well as other senior representatives from
both companies.
Boursa Kuwait’s datacentre provides a
highly available hosting space that enables
Boursa to remotely run and manage
enterprise applications from a controlled and
secure environment. This will help Boursa
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in safeguarding mission critical data with
the highest level of security and operational
reliability by offering services in-line with the
highest industry standards.
The scope of services for the new
system also includes a secured colocation
area, high-speed connectivity between
main and DR site, high available Internet
connectivity and high available market
participant connections.
Boursa Kuwait will also have multi-
redundant links that will ensure an
uninterrupted connectivity between the main
and DR site in case of a main circuit’s failure.
Khaled Abdulrazzaq AlKhaled, Chief
Executive Officer, Boursa Kuwait, said:
“In line with our vision of creating and
sustaining a robust and resilient stock
market where companies and investors can
thrive, we have been investing our time and
efforts to adopt the best practices across
all aspects of our operations. The new DR
datacentre will further strengthen our IT
DR infrastructure and improve business
continuity within the organisation at a lower
cost with higher service standards.
“We are optimistic that our partnership
with Ooredoo will bring further value to all
our participants.”
From his end, Sheikh Mohammed bin
Abdullah Al Thani, Chief Executive Officer at
Ooreedoo Kuwait, expressed his gratitude
and appreciation to the trust and confidence
Boursa Kuwait had given Ooredoo in Kuwait
to fulfil this mutual agreement.
He said: “Ooredoo is pleased to host
Boursa Kuwait DR solution in its world-
class hosting datacentre located in Kuwait.
Ooredoo datacentre meets Boursa’s
mission critical application requirements
and provides premium quality hosting and
managed services.
“Ooredoo datacentre network platform
and facilities meet the security requirements
and provides high availability and reliability
that address the needs of Boursa.
“Ooredoo is committed to ensuring
synergy in delivery and support and is
looking forward to a successful and long-
term business relationship with Boursa that
will bring real benefit to both companies.
“This partnership comes in tandem with
Ooredoo’s strategy of being a leader in the
market in terms of Digital Transformation and
managed services,” Al Thani concluded.
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