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March 23, 2009. | News

Penta joins Dubai International Financial Centre

Dubai International Financial Centre

Penta has been granted a license to operate and provide full-service managed hosting services to companies in the Dubai International Financial Centre (DIFC) as the only provider of its kind within the DIFC district. Penta CEO Farhad Khalilnia commented:

“The timing of our entry to the Dubai International Financial Centre could not be better. In today’s economy, as businesses are looking to optimise their IT expenditures, we strongly believe that Penta can help keep costs under control with predictable pricing, while still providing the flexibility to grow when demand resumes. Additionally, Penta is fully compliant with industry standards including SAS70 Type II certification, which assures financial clients that we meet the highest standards for IT auditing and security and have the appropriate controls and safeguards in place.”

Flexibility and scalability

Penta’s model of service gives financial institutions the flexibility to scale their IT infrastructures without the upfront expense of buying the physical hardware, licenses and redundancy which are necessary to ensure 100% uptime. Khalilnia continues:

“From its inception, Penta has treated client information with the same level of privacy and security found in a private bank. Joining DIFC is a reflection of our commitment to provide high-performing technology solutions with the same level of privacy and security as provided by the world’s finest banking and financial institutions. We look forward to leveraging our position within DIFC to bring our ‘private banking’ model of IT services to new markets.”

World-class technology partners

Penta’s technology partners include leading providers such as Microsoft (Gold Certified Partner), VMWare (Enterprise Partner), HP, Cisco, Citrix, Checkpoint, IBM, BlackBerry and many more.  The company’s data hosting facilities include two world-class mirrored data centers (Geneva and Zurich, Switzerland) and its new state-of-the-art data centre in DIFC (Dubai). These facilities provide 24/7 redundant services that ensure optimum performance, business continuity and disaster recovery.

Abdulla Al Awar, Managing Director of DIFC Authority said:

“Advanced IT infrastructure is a critical requirement for financial service providers, whose operational efficiency depends on the timely, accurate and secure dissemination of accurate information. With its vast expertise in delivering managed hosting services, Penta Corporate Hosting will add considerable value to the pool of expertise available for financial services providers in DIFC. We look forward to supporting Penta in establishing its operations and expanding its business.”

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