Bahrain outsourcing move

Lightspeed Communications (LSC) has marked its Bahrain debut with the launch of its flagship ‘iVault’ solution. The data centre – driven by technology provided by Gulf Business Machines (GBM) – is the first to enable financial institutions and others to securely host their mission-critical systems.

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By  Simon Duddy Published  March 14, 2005

Lightspeed Communications (LSC) has marked its Bahrain debut with the launch of its flagship ‘iVault’ solution. The data centre – driven by technology provided by Gulf Business Machines (GBM) – is the first to enable financial institutions and others to securely host their mission-critical systems. Following global regulatory trends such as the Sarbanese-Oxley Act and the Basel II Accord, the Bahrain Monetary Agency has issued guidelines for financial institutions in the country to meet tight standards for business continuity. To address this need, Lightspeed Communications have created an outsourcing model to assist organisations to meet these tight standards. According to Shaikh Abdulla bin Khalid Al-Khalifa, managing director of LSC, the launch of iVault, represents a significant step forward in allowing organisations to economically meet their business continuity needs. “We began this project to set up a premium data centre last year, and we wanted to appoint a technology solutions provider who could meet our own stringent requirements – Gulf Business Machines/IBM was a natural choice,” says Shaikh Abdulla. Initially iVault is offering what it claims is a flexible, future-proof data centre to organisations both large and small. Offering everything from instant-access single racks to custom-built dedicated business suites, iVault combines complete security and control with optimum business performance and value. Later in the year, options will extend to services such as portal hosting and content delivery and remote management services as well as cross-border disaster recovery facility services. Lightspeed is also planning to offer its services regionally, meaning that organisations in other GCC countries will be able to avail of these services to secure their data. Later this year, Lightspeed will launch online or live connections, through which organisations requiring the highest level of resilience can continue their business uninterrupted.

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