eHosting DataFort(eHDF), the region’s leading managed IT services provider and a member of TECOM Investments, has been selected to host and manage DMCC Tradeflow, the Dubai Multi Commodities Centre’s (DMCC) online trade enabling platform, which enhances commodity trade flows and offers a central registry of ownership for commodities.
Starting as a green field project, it was critical for DMCC to deploy resilient technology and supporting infrastructure. Round the clock availability, constant monitoring, and service recovery to secondary site within 15 minutes were some of the platform’s key requirements.
Following a global search for a managed service provider, DMCC shortlisted 11 service providers from a total of 20, with proven expertise in hosting data centres across India, America, Europe, Singapore and the UAE. DMCC developed software to assess these shortlisted providers on user experience, performance and availability through monitoring their activity. The final selection was based on the data gathered from the service centers. eHDF met DMCC’s detailed requirements and considerations to host the platform’s Tradeflow business.
Yasser Zeineldin, CEO at eHosting DataFort said: “As government entities and organisations move business transactions online, 24/7 monitoring and maintaining high availability becomes the lifeblood of the business. These platforms enable trade and investments that directly impact the economy. Our services enable leading organisations such as DMCC to focus on their core business by investing in a managed robust IT infrastructure to maintain the highest levels of security and availability. We are pleased to partner with DMCC in this strategic project that facilitates global trades in commodities.”
Paul Boots, Director of DMCC Tradeflow said: “The key to success for this project was the ability to build a portal that is user-friendly, meets the functional business needs of the various communities and provides a highly secure platform that complies with the required standards. We worked very closely with our users during the design phase and took note of their recommendations. This gave us confidence on our ability to deliver a reliable and uninterrupted service.”
With world-class data centres, resilient and scalable infrastructure as well as round-the-clock managed operations, eHosting DataFort has established itself as a market leader in the field of hostingand managed IT services. eHosting DataFort has been recognized for its innovative use of new technology in 2009, Best ColocationFacility in 2010 & 2011 and was also awarded the region’s ‘Best Managed Service Provider of the Year’ in 2008, 2009, 2010 and 2011.
DMCC Tradeflow is an online trade enabling platform that offers a secure and transparent central registry of ownership for commodities stored in Dubai. Within the online environment, title of stored commodities can be transferred or pledged within a robust legal and Sharia compliant framework. This unique commodities receipt platform fills a key gap in trade finance in the MENA region, by offering enforceable collateral based trade finance solutions for all participants in the value chain. DMCC Tradeflow allows physical inventories that are stored in DMCC certified and rated warehouses around the UAE to be converted into electronic negotiable instruments, “DMCC Tradeflow Warrants”, governed by a strong and transparent regulatory regime and administered by DMCC.
For more information, please visit www.ehdf.com
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About eHosting DataFort
eHosting DataFort, a fully owned subsidiary of TECOM Investments and is a leading provider of Managed IT services. The organization has obtained a number of notable projects to deliver world-class Managed IT Services to major enterprises across the region including some of the largest organizations e.g. Dubai Financial Market, Tejari, Axiom Telecom, Dubai Municipality, Khaleej Times, Panasonic, Dubai e-government and du.
Website: www.ehdf.com; Email: info@ehdf.com; Phone: +971 4 391 3040; Fax: +971 4 391 3050
About the Dubai Multi Commodities Centre (DMCC)
The Dubai Multi Commodities Centre (DMCC) is the master developer and licensing authority for the Jumeirah Lakes Towers (JLT) Free Zone, one of the largest, fastest growing mixed-use developments in Dubai. Owned by the Government of Dubai, DMCC was established in 2002, by Royal Rule No 4 of 2002, with a mandate to enhance commodity trade flows through the Emirate by providing the physical, market and financial infrastructure required.
DMCC offers a fit-for-purpose regulatory framework, modern infrastructure, free-hold property, innovative products and value-added services. It has successfully attracted key participants throughout the entire commodities sector value chain; as well as businesses ranging from shipping to recruitment, IT to advertising and fashion. JLT-based companies enjoy highly attractive benefits under the free zone status, including 50-year guaranteed 0% corporate and personal income tax, 100 per cent business ownership, full ownership of business premises, and a secure, regulated environment.
As a 200 hectare, mixed-use waterfront master development with a prime central location on Sheikh Zayed Road, JLT nurtures both trade and community living through its commercial, residential and retail property offering. Today, JLT is home to over 4,800 regional and multi-national companies and over 50,000 people living and working in the Free Zone.
Website: www.dmcc.ae; Email: customercare@dmcc.ae; Phone: +971 4 424 9600
Contacts
Nancy Sudheer
APCO Worldwide
Email: nsudheer@apcoworldwide.com
Tel: + 971 4 369 2834
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