Red Hat recently announced that National Commodities and
Derivatives Exchange Limited (NCDEX) is powering its
mission-critical IT infrastructure on Red Hat Enterprise Linux.
With Red Hat Enterprise Linux, NCDEX has designed a reliable,
stable, high-performance and cost-effective IT infrastructure that
has delivered 99.99 percent uptime for its business
applications.
NCDEX is an online multi-commodity exchange. The shareholders of
NCDEX comprise important national-level institutions such as large
public sector banks and companies such as National Stock Exchange
(NSE) and LIC of India, amongst others. NCDEX's core business is to
facilitate trading of agricultural commodities, metals, energy and
carbon credits. NCDEX is located in Mumbai and offers facilities to
its members from approximately 550 centers located throughout
India.
The critical requirement for NCDEX’s IT team was to provide a
world-class commodity exchange platform for market participants to
trade in commodity derivatives. “It was critical for our
complete IT infrastructure to have no unplanned downtime,”
says Devesh Surana, Vice President, Technology, NCDEX.
Using NSE's IT infrastructure as a benchmark and under the guidance
of NSE, NCDEX decided to build its infrastructure of
business-critical applications on open source technology solutions
to ensure redundancy and failover and chose Red Hat as its
technology partner. “Open systems, like all other hardware
and software, require a robust support infrastructure, which Red
Hat is able to provide,” says Nirmalendu Jajodia, CTO,
NCDEX.
“Red Hat solutions have helped NCDEX to cost-effectively
standardize our business-critical applications on an open
architecture while providing 99.99 percent uptime of these
applications,” says Surana. NCDEX’s IT team also found
Red Hat Enterprise Linux to be superior to alternatives in terms of
performance, manageability and reliability.
“In addition to high availability, we have also experienced
excellent support from Red Hat since the deployment of Red Hat
Enterprise Linux on our systems. We have additionally developed
strong in-house expertise on Linux,” said Surana.
With Red Hat, NCDEX was able to standardize its critical business
applications on an open architecture and achieved freedom from
vendor lock-in. Red Hat solutions have also helped NCDEX choose Red
Hat-certified hardware platforms that deliver flexibility and high
performance. Reliability and ease of maintenance of the Red Hat
solution has also helped the organization to predictably scale and
manage its infrastructure in a cost-effective manner.
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