SINGAPORE, 11 MARCH 2009 – IT services and solutions company Datacraft has helped India’s leading stock exchange in implementing a highly resilient and robust network to support its expansion.
According to Datacraft, the exchange will expand into 500 tier II towns in the coming months, which would require the capacity of its trading system to be doubled.
Because of this expansion, there was the need to upgrade its existing network infrastructure to improve its services to existing customers as well as address the growth in trading volume.
“The contract required Datacraft to migrate the Exchange’s existing system to a robust and scalable network infrastructure that can support additional 500 trading partners across India and ensure fast and secure connectivity,” said a Datacraft representative. “Trading partners will also have seamless access to real-time market data from their trading terminals.”
“The additional challenge for Datacraft was that they could only implement the solution during non-trading hours, so as to ensure business continuity,” said Sunil Manglore, chief executive officer, Datacraft India.
Datacraft will also provide the stock exchange with uptime services, engineering and staging, team empowerment service, design, consultancy and project management, the company said.
