Mubasher hosts mirrors at ISPs across Saudi to resolve network lag

Mubasher has reassured users in the Kingdom of continued real-time stock market information service with Mubasher Pro Version 8, the latest high-performance version of the real-time stock market information service.

Mubasher has installed Site Connection Managers (SCMs) at Internet Service Providers (ISPs) across Saudi Arabia. The SCMs serve as mirrors of the Mubasher portal, and are linked via direct high speed connection to Mubasher's central data centre. Each SCM costs approximately SR (Saudi Riyal) 50,000. The new configuration allows Mubasher users to receive price quotes and information in real time, irrespective of ISP or current traffic loads on the KSA network.

Mubasher's decision to invest in SCM sites follows a sharp upsurge in Mubasher's popularity that resulted in unexpectedly high traffic volumes overwhelming the bandwidth of the ISP-hosted country-wide intranet, which in turn resulted in investors experiencing delays in receiving stock updates.

Eng. Mohammed Al Ballaa, Chairman, National Technology Group (NTG), said, "Mubasher's innovative real-time financial services have seen very high demand in the Kingdom of Saudi Arabia, resulting in connectivity issues for some of our users. We are co-operating closely with the ISPs towards resolving the issue, and have temporary extended a network of SCM mirrors throughout the Kingdom to absorb traffic until Saudi Telecom Company can upgrade its network to optimally deal with demand for services. We have taken prompt action to address user issues, and we are working towards further initiatives that will further enhance service delivery quality."

Mubasher Pro Version 8 is a highly advanced real-time service that can be run on a workstation via a powerful windows client application. Most suited for banks, investor lounges, branches, dealers, fund managers, portfolio managers and active investors, the service allows investors to view a wide range of information organized in multiple windows on a single screen enabling access to 80 stock exchanges worldwide.