Batelco, a leader in telecom services and part of the Beyon Group, has entered an innovative partnership with Bahrain Bourse to deliver advanced B2B cloud solutions and redefine connectivity for financial organizations in Bahrain. This collaboration marks a pivotal step in enhancing the efficiency, security, and flexibility of operations for businesses in the banking and finance sectors.
Innovating Financial Connectivity
In a move set to revolutionize the finance sector, Batelco is rolling out an SD-WAN-powered private cloud solution. This is a first-of-its-kind offering aimed at enhancing connectivity for Bahrain Bourse members, including brokers and other financial stakeholders. By utilizing Batelco’s SD-WAN service, organizations can connect to Bahrain Bourse through a secure, private cloud infrastructure. This innovative solution offers network redundancy, superior security encryption, and enhanced data monitoring capabilities.
Unmatched Efficiency and Security
Batelco’s new cloud solution ensures that all connectivity types, whether MPLS, Dedicated Internet, 4G/5G, or Broadband, are supported, providsing the utmost flexibility for users. The solution will dramatically improve the efficiency of financial operations by simplifying connectivity and ensuring that all transactions are completed faster and more securely.
Abdulla Danesh, General Manager of Enterprise at Batelco, expressed excitement about the partnership: “We are delighted to sign a partnership agreement with Bahrain Bourse, welcoming them into our B2B cloud community. Our unique SD-WAN-powered cloud solution enhances connectivity and streamlines operations for all members of Bahrain Bourse, ensuring smoother and faster financial transactions.”
Strengthening Bahrain’s Capital Markets
Hussain Abdulmohsen Aljamri, Senior Director of Information Technology at Bahrain Bourse, also shared his confidence: “This partnership represents a huge step forward in enhancing the services we offer to market participants. By utilizing cloud technology, we are ensuring better connectivity with Bahrain Bourse and supporting our goal of building a more transparent, efficient, and secure capital market infrastructure.”
This partnership is set to reshape how financial entities connect, empowering them to streamline their operations with advanced technology while staying ahead in an increasingly competitive market.
Let us know your thoughts on this exciting development. Is this partnership the future of financial cloud connectivity? We’d love to hear from you!
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