Bahrain Bourse has introduced that it has began migrating to Amazon Net Companies (AWS) because of the elevated availability and safety it is going to obtain and to extend the pace and efficiency of its purposes whereas lowering operational prices.
The primary section of the migration contains transferring backup and catastrophe restoration options to the cloud, with plans to undertake superior knowledge analytics companies to construct clever and modern buying and selling companies.
“Now we have adopted AWS as a part of our digital transformation efforts and for its means to offer us with even larger ranges of safety and efficiency,” stated Shaikh Khalifa, chief govt of Bahrain Bourse. “We’ll proceed emigrate Bahrain Bourse’s expertise infrastructure to AWS to extend the innovation we are able to provide to clients and consistent with the Bahrain Authorities’s Cloud First Coverage. With AWS, the flexibility to retailer and share knowledge at considerably larger speeds will permit us to ship our companies extra effectively to all stakeholders. We’re excited to proceed to discover extra superior cloud options that can considerably enhance our service supply and allow us to be extra globally aggressive.”
Utilizing AWS, Bahrain Bourse will benefit from a variety of safety instruments together with encryption, DDoS mitigation and monitoring and logging to make sure they proceed to keep up the very best ranges of safety for his or her purchasers.
Bahrain Bourse can even be capable to retrieve archived knowledge inside minutes, enabling it to be extra responsive in offering well timed and important knowledge to purchasers and to satisfy any regulatory necessities extra shortly.
Because it expands its adoption of AWS, Bahrain Bourse will proceed to discover new methods to assist purchasers with extra superior buying and selling instruments, leveraging knowledge lake instruments resembling Amazon Easy Storage Service Glacier and AWS Glue, in addition to analytics companies of knowledge resembling Amazon Redshift. Amazon Kinesis Knowledge Analytics and Amazon QuickSight.
Vinod Krishnan, Head of MENA, AWS, stated: “It’s thrilling to see bold monetary establishments like Bahrain Bourse remodeling the best way they innovate and serve their clients via cloud expertise. With AWS, Bahrain Bourse can improve its efficiency whereas enhancing safety and decreasing prices. We look ahead to persevering with to assist the Bahrain Bourse in its digital transformation journey.”