Moscow Exchange selects DataSpace as primary data centre and services provider

Source: Moscow Exchange

Moscow Exchange, Russia"s leading exchange platform for equities, bonds, derivatives, currencies, money market instruments and commodities, today announced that it has chosen Moscow-based DataSpace as its primary data center facility and services provider.

Following an initial stage in 2015—during which time DataSpace will serve as a backup facility for MoEx—the DataSpace1 Moscow data center, which was recently awarded Tier III Certification of Operational Sustainability-Gold by the Uptime Institute (July 2014), will assume the role and function as Moscow Exchange"s primary data center. DataSpace1 will host trading, clearing and depository technology as well as MoEx"s colocation clients.

In addition to its most recent award from Uptime—the global data center authority—DataSpace1 was the first Russian data center to receive Tier III Certification of Design (November 2010) and Tier III Certification of Constructed Facility (September 2011), making DataSpace the only commercial data center operator to complete the full cycle of Tier III certifications in Russia and Continental Europe, and only the fifth in the world.

Sergei Poliakoff, Moscow Exchange Chief Information Officer, said, "Having completed a rigorous analysis of existing and prospective offerings in the data center market, we are pleased to announce that we have selected DataSpace as our primary data center. The combination of physical security offered, operations expertise and Tier III Gold rating from Uptime were key factors in our decision making process. We are looking forward to fully deploying our primary trading infrastructure in a new home by May 2016."

David Hamner, DataSpace Chairman commented, "We are honored to have been given this opportunity to serve MoEx and proud that DataSpace1 was selected for its peerless level of security, reliability and operational excellence. We look forward to working closely with MoEx for many years to come and hope that our strong partnership will serve as a great example, furthering the development of the Russian data center market."

Sergey Rasskazov, DataSpace President, "The requirements to operate large and continuously increasing data volumes are becoming more and more sophisticated, meaning companies must make significant investments in order to meet these requirements on their own. Today a growing number of customers choose outsourced service providers because it allows them to meet the growing requirements for security and reliability and at the same time makes more sense from an operational and economic standpoint. The data center market has responded to this new model by continuing to grow, both in volume and quality."

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