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NCDEX partners with NetApp to fulfill data backup, storage needs

ANI  |  New Delhi [India] 

The and Derivatives Exchange Limited (NCDEX) on Wednesday announced their partnership with to fulfill their data backup and storage needs. is a nation-level, driven, independently run online exchange.

"In order to enhance customer experience, has undertaken several initiatives like development of next-generation trading platforms, trading software, infrastructure and other The subsequent data growth put pressure on our IT infrastructure. In NetApp, we found the right partner who provided a simplified, cost-effective and efficient data management, backup and recovery plan that ensured data restoration and up-to-date information," said Anand Iyer, at

In a world run by technology, transformation is the top most agenda for NCDEX. To successfully transform, they needed to manage their data seamlessly - in order to optimise operations, create innovative opportunities and enable effective customer experience. This meant regular data backups, fast availability of data within guaranteed hours in case of any disaster and scalable, automated back end storage.

The same is the agenda for NCDEX's partnership with NetApp, through the use of NetApp's FAS3200 series, powered by its data protection features - Snapshot, SnapMirror, SnapRestore, and

The Data Fabric offered a holistic approach that is secure, efficient, and future-proof and provides freedom of choice. As NCDEX becomes more data-centric, will support their ongoing transformation with real time data insight, access and control that gives customers the confidence to move into the future.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, January 10 2018. 12:50 IST