PSX to Use RapidCompute Cloud for Site and IT Services

Earlier this week, Pakistan Stock Exchange and RapidCompute signed an agreement to host Pakistan Stocks Exchange’s mission critical website and related services on the RapidCompute Cloud. This agreement will provide PSX with the best in class hosting and cloud services. It will also provide state of the art services such as DDoS mitigation and geo-redundancy for the best customer experience. Three stock exchanges namely Karachi Stock Exchange, Lahore Stock Exchange & Islamabad Stock Exchange were integrated into Pakistan Stock Exchange Limited (PSX) on January 11, 2016. Its mission is to provide quality and value-added services to the capital market in an efficient, transparent and orderly manner, compatible with international standards and best practices. One of PSX’s vital missions is to provide unhampered, continued value added services to the capital market. RapidCompute, one of the leading public cloud service providers in Pakistan, has been offering IaaS services for the past 6 years. The company is also the first and only Public Cloud Service provider in Pakistan that is both PCIDSS3.2 and ISO 27001:2013 Certified and provides enterprises with data and network security that meets global standards. ALSO READ RapidCompute and VMware Join Hands to Bring Hybrid Cloud Setup for Enterprise Customers Speaking at the ceremony, Mr. Imran Khan, Managing Director said Present at the ceremony from Pakistan Stock Exchange were Mr. Mahmood Siddique, Chief Information Officer / GM IT, and Mr. Mohsin Mahmood, Senior Manager IT. Mr. Mahmood Siddique added: