Penta offers hosted services to DIFC

Managed application hosting services on offer for companies at Dubai International Financial Centre

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By  Mark Sutton Published  March 23, 2009

Penta Corporate Hosting has announced that it will bring managed application hosting services to companies in the Dubai International Financial Centre (DIFC).

The company, part of Swiss group Penta Consulting, has established a centre at DIFC that will offer full-service application hosting for financial companies at DIFC. The service will allow companies to source critical applications without the need to invest in hardware, licences, and management.

Farhad Khalilnia, CEO of Penta said: “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.”

“The timing of our entry to DIFC 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,” he added.

The hosting service will be the first of its kind in DIFC, offering 100% uptime. Penta is also certified for a number of standards, including the outsourcing standard SAS70 Type II which governs auditing and security.

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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