eHosting signs MoU with IL&FS

Yasser Zeineldin with Anil Somaiya at the event
Yasser Zeineldin with Anil Somaiya at the event
eHosting DataFort today announced its partnership with IL&FS Securities Services Ltd (ISSL), to provide innovative Managed Services covering IT infrastructure, Remote Disaster Recovery and back office operations support for financial brokerage firms operating within UAE’s financial exchanges. This partnership will allow users to choose from a wide range of solutions including primary IT infrastructure hosting, disaster recovery services and back office solutions.

An MoU was signed by Mr. Yasser Zeineldin, CEO, eHosting DataFort and Anil Somaiya, CTO, ISSL at an event that was also attended by senior member representatives of Dubai Financial Market (DFM), Dubai Gold and Commodities Exchange (DGCX), Abu Dhabi Exchange (ADX), as well as members of leading UAE financial brokerage firms.

“The UAE is a regional financial and trading hub where financial brokerages operate with critical client information that needs to be secure and always available. It is important for their clients to be able to stay connected to financial exchanges for their everyday transactions. This prompted us to develop a unique solution for disaster recovery and business continuity for the financial markets. We are extremely pleased to be working with ISSL to provide value added services to meet the unique requirements for this vertical,” said, Yasser Zeineldin, CEO, eHosting DataFort.

“We are very pleased at starting this relationship with eHosting DataFort. We believe that the managed services solution, as a combination of IT infrastructure and back office services, is value accretive and would lead to ease in business for brokerage firms,” added Anil Somaiya, CTO, ISSL

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