Moscow Exchange Names DataSpace as Primary Data Center

Russia’s largest trading venue, Moscow Exchange Group (MoEx), today announced the selection of Moscow-based DataSpace as its primary Data Center Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term facility and services provider.

Initially, DataSpace will serve as a backup facility for MoEx but eventually will host trading, clearing and depository technology as well as MoEx's Colocation Colocation Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Colocation concerns the practice of accessing prices a split second faster through direct feeds.This differs from the congregation of data that is generally transferred between two exchanges then displayed on a trader’s computer, mobile device, or tablet. Popularized out of the wake of high-frequency trading, colocation is becoming more sought after as speed continues to prove paramount within the day trading arena and algo trading is on the rise. What Are the Benefits of Colocation?The core adv Read this Term clients.

DataSpace1 was the first Russian data center to receive Tier III Certification of Design (November 2010) and Tier III Certification of Constructed Facility (September 2011), making DataSpace the only commercial data center operator to complete the full cycle of Tier III certifications in Russia and Continental Europe, and only the fifth in the world.

The 'DataSpace1' data center based in Moscow was recently awarded Tier III Certification of Operational Sustainability-Gold by the Uptime Institute in July 2014. Furthermore, 'DataSpace1' is the first Russian data center (and only the fifth in the world) to obtain Tier III Certification of Design (November 2010) and Tier III Certification of Constructed Facility (September 2011) certifications.

A Data Rich Future

MoEx Chief Information Officer, Sergei Poliakoff said, "Having completed a rigorous analysis of existing and prospective offerings in the data center market, we are pleased to announce that we have selected DataSpace as our primary data center."

Mr. Poliakoff added, "The combination of physical security offered, operations expertise and Tier III Gold rating from Uptime were key factors in our decision making process. We are looking forward to fully deploying our primary trading infrastructure in a new home by May 2016."

David Hamner, DataSpace Chairman, commented, "We are honoured to have been given this opportunity to serve MoEx and proud that DataSpace1 was selected for its peerless level of security, reliability and operational excellence. We look forward to working closely with MoEx for many years to come and hope that our strong partnership will serve as a great example, furthering the development of the Russian data center market."

DataSpace President, Sergey Rasskazov said, "The requirements to operate large and continuously increasing data volumes are becoming more and more sophisticated, meaning companies must make significant investments in order to meet these requirements on their own."

Mr. Rasskazov added, "Today a growing number of customers choose outsourced service providers because it allows them to meet the growing requirements for security and reliability and at the same time makes more sense from an operational and economic standpoint."