Batelco, a key player in the Beyon Group, has signed a partnership agreement with Bahrain Bourse to offer advanced B2B Cloud Solutions, aimed at improving connectivity and adding value services for organizations. This collaboration, part of Batelco’s ‘Creating Communities of Interest’ initiative, will primarily benefit stakeholders in the banking and finance sectors.
The innovative solution will leverage Batelco’s SD-WAN service, enabling Bahrain Bourse members, including brokers, to connect directly via a private cloud. This approach, which offers network redundancy, robust security encryption, data monitoring, and flexible connectivity types, is a first-of-its-kind offering in the finance sector.
Abdulla Danesh, General Manager of Enterprise at Batelco, expressed excitement about the partnership, stating that it would enhance connectivity and operational efficiency for Bahrain Bourse members. The solution aims to provide a seamless, flexible, and highly secure platform for market participants, irrespective of their connectivity media.
Hussain Abdulmohsen Aljamri, Senior Director of Information Technology at Bahrain Bourse, emphasized that the collaboration would streamline operations, enhance transparency, and empower participants with a secure, fast, and reliable platform to carry out their operations, further strengthening Bahrain’s capital market infrastructure.
This partnership marks a major step in enhancing the services of Bahrain Bourse and further advancing Bahrain’s financial sector through cutting-edge cloud technology.
