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Dhaka Stock Exchange unveils advanced data center

EditorPollock Mondal
Published 20/11/2023, 13:24
© Reuters.

DHAKA - The Dhaka Stock Exchange (DSE) has launched a new ANSI/TIA-942 Rated-3 data centre today, marking a significant advancement in its technological capabilities. The state-of-the-art facility is designed to bolster the reliability and efficiency of trading activities on the exchange with its sophisticated cooling systems and electrical equipment.

The new data centre, located at the Nikunja area, is a critical infrastructure upgrade for the DSE. It began operating its advanced servers and network components on Sunday last week, ensuring uninterrupted transactions on what is now a highly reliable trading platform. This development is expected to enhance the overall trading experience for market participants by providing a stable and secure environment for transaction processing.

The inauguration of this facility was commemorated with an opening transaction ceremony that took place last Sunday. Notable attendees included DSE Chairman Professor Dr. Hafiz Muhammad Hasan Babu, COO M. Saifur Rahman Majumder, and Acting CTO Tariqul Islam, who collectively oversaw the successful deployment of the new systems.

This move is part of a broader effort by the DSE to modernize its technological infrastructure and maintain its competitiveness in the global financial markets. With this launch, the exchange demonstrates its commitment to adopting cutting-edge technologies to meet the growing demands of investors and stakeholders in an increasingly digital economy.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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