ISLAMABAD: Having signed an agreement to host Pakistan Stocks Exchange’s mission critical website and related services on the RapidCompute Cloud a week and a half ago on May 11, the PSX anticipates it to provide it with the best-in-class hosting and cloud services. It will also provide state of the art services such as DDoS mitigation and geo-redundancy for the best customer experience, said a PSX press release.
Three stock exchanges namely Karachi Stock Exchange, Lahore Stock Exchange & Islamabad Stock Exchange were integrated into Pakistan Stock Exchange Limited (PSX) on January 11, 2016.
The PSX mission is to provide quality and value-added services to the capital market in an efficient, transparent and orderly manner, compatible with international standards and best practices. One of PSX’s vital commitments “is to provide unhampered, continued value-added services to the capital market.”
RapidCompute, one of the leading public cloud service providers in Pakistan, has been offering IaaS services for the past 6 years. The company is also the first and only Public Cloud Service provider in Pakistan that is both PCIDSS3.2 and ISO 27001:2013 Certified and provides enterprises with data and network security that meets global standards.
Speaking at the ceremony, Mr. Imran Khan, managing director PSX said, “Having the Pakistan Stock Exchange host their critical services on the RapidCompute cloud platform only strengthens our resolve to be the platform of choice for Pakistani companies and gives us enormous pride. RapidCompute continues to cater to the diverse needs of the Pakistani IT landscape and we’re confident this is the beginning of a long and fruitful relationship with the company.”
Present at the ceremony from Pakistan Stock Exchange were Mahmood Siddique, Chief Information Officer/GM IT, and Mohsin Mahmood, Senior Manager IT. Siddique added: “PSX was looking for a fast and secure web hosting service and we chose RapidCompute Cloud platform as it is regarded as the best in Pakistan.”
