HOME PRESS ALPHA DATA TRADING ON SUCCESS OF DUBAI GOLD & COMMODITY EXCHANGE’S NEW PLATFORM

Alpha Data trading on success of Dubai Gold & Commodity Exchange’s New Platform

Fayez IbbiniWith an average of over 2.7 million contracts at an average annual value of USD114.7 billion, since its inception in 2005, the Dubai Gold and Commodity Exchange (DGCX) has With such rapid success, however, comes the need to keep pace with the changes, demands, and trading volumes of an international exchange and to maintain and continue DGCX’s expansion strategy into global markets, Alpha Data was chosen and the preferred partner to overhaul their systems and applications platforms.quickly established itself as a significant regional and international exchange in the last seven years.

Conducted by Alpha Data’s team, the project involved creating a completely new IT infrastructure including work on its data centres, switches and firewalls, as well as adding a DR site, which was previously not present with the legacy technology.

One of the immediate gains realised from this project is that the DGCX can now offer a trading capacity of more than 10 times the previous infrastructure would allow. From start to finish, the project was conducted in only three weeks and deployed HP DL 380 G8 servers and Red Hat Enterprise Licenses.

Commenting on the completion of the project, managing director of Alpha Data, Fayez Ibbini, said: “We are pleased to have played our part in helping DGCX realise its next stage in growth and development and with Alpha being chosen as systems integrator for this project, it further demonstrates the technical skills of our team and the strong emphasis we place on building trust and strong relationships with all our clients.”

 

 

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