DGCXs signs co-location services agreement with Emaar Technologies
- United Arab Emirates: Thursday, March 07 - 2013 at 17:07
- PRESS RELEASE
Dubai Gold and Commodities Exchange (DGCX) announced that it has signed a co-location services agreement with Emaar Technologies, a subsidiary of Emaar Properties PJSC.
The co-location service will facilitate increased security, higher availability, access to both telecom providers, lower costs and disaster recovery facility for DGCX.
Ahmed Bin Sulayem, Chairman of Dubai Gold & Commodities Exchange, said, "This is an important partnership for DGCX at a time when it is poised to see increased trading volumes following the implementation of its new trading platform and the expansion of its product portfolio. One of the key focuses of the service provided by Emaar Technologies is to prevent any downtime to DGCX's business operations. This partnership will support DGCX in further developing the derivatives marketplace in the UAE and the region."
Gary Anderson, CEO of DGCX, said, "Our partnership with Emaar Technologies allows us to have a secured data center space to host our infrastructure which will increase the speed of transactions for our Members. The co-location services will support enhanced reliability and security for DGCX's new trading platform. Partnerships with leading technology service providers like Emaar Technologies are vital to our efforts to supporting our members in optimizing their trading strategies and maximising profits."
Muzamil Abdul Karim, General Manager of Emaar Technologies, said, "We are very pleased to welcome DGCX as a co-location services partner. One of the key focuses of the service is to prevent any downtime to DGCX's business operations. This agreement is yet another endorsement of the quality and reliability of our services. Our extensive range of clients extending across the property, retail, hospitality, education, financial and healthcare sectors has benefited significantly from our advanced technology solutions and see tremendous value in our offerings."
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.