Dashen bank which continues to pave way as a financial firm in the space of information technology has now established a Tier III data centre which shall also host other huge companies.
The financial firm which invested 230 million birr to develop the center said that it will make it one of the facilities with excellent global standards.
Asfaw Alemu, President of Dashen bank, said that the Tier III data center mainly aims to provide uninterrupted information communication technology (ICT) service, to realize down time that may occur in relation to telecom and power outrage to almost nil, whilst reducing maintenance and its cost.
“It allows for creation of further capacity for growth and expansion, ensure ICT security, and to attain uninterrupted capacity on servers, firewall, router and switches throughout the year,” Asfaw said during the inaugural ceremony which gathered officials from the regulatory body and the public and private offices.
He added that the new facility will allow the financial firm to ready a cloud data center and share the service to similar financial firms and other huge public and private entities.
The center which has installed the ‘Huawei FusionModel 2000’ has a capacity to accommodate over one thousand units like huge servers and network instruments.
Huawei FusionModel 2000 is a smart modular data center solution that integrates power, cooling, rack, cabling, and management systems.
A Tier III data center is concurrently maintainable, allowing for any planned maintenance activity of power and cooling systems to take place without disrupting the operation of computer hardware located in the data center. In terms of redundancy, Tier III offers N+1 availability.
It has no more than 1.6 hours of downtime per year.
“The new technology shall create a capacity for Dashen to introduce new services without limitation with best quality,” the president said, adding, “because of the new investment the bank will also fully shift to the up-to-date digital world banking service.”
He added that the new technology allowed the bank to implement the state of the art security operation centre (SOC) which is being used as the latest technology in other parts of the world for information security.
This month, Dashen has also been certified with a Payment Card Industry Data Security Standard (PCI DSS) that is given by the Payment Card Industry Security Standards Council.
Yinager Dessie, Governor of National Bank of Ethiopia, who attended the inauguration, said that the country must ensure the ICT safety; to which the financial industry must be a pioneer to bring such equipment with such kind of secure system. The governor further explained that there are efforts being made by the government bodies to protect the country from fraud, which is a potential treat that the country faces.
He added that such kind of investment is crucial for the establishment of digital economy that the country aspires through its digital strategy, which was adopted few years ago.