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Test Number : E20-060
Test Name : EMC Technology Foundations Business Continuity
Vendor Name : EMC
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EMC Continuity answers

DME selects EMC for business continuity options | E20-060 test Questions and PDF Download

The Dubai Mercantile change restricted (DME), a three way partnership between Tatweer, a member of Dubai preserving, and the new york Mercantile trade Inc., (NYMEX), announced today that it's to undertake company continuity options from EMC business enterprise (NYSE: EMC), the area's main developer and company of suggestions infrastructure technology and options, to offer protection to crucial records for trade operations and help the continual trading of its digital trading equipment, DME Direct.

The DME  became the first power futures exchange within the middle East when it launched on may also 1 2007, and may be utilising state of the art electronic trading techniques which are required to deliver excessive stages of steadiness and robustness. The options supplied via EMC, the realm leader in suggestions infrastructure options, will add statistics recovery functionality and make sure that business important suggestions may also be stored securely and rapidly restored if essential.

Ahmad AlQaizi, Head of information methods & technology for the DME, mentioned: “The DME is establishing a futures market with the intention to bridge the gap between company hours on earth’s important oil buying and selling centers of long island, London and the far East. it will reply the starting to be market want for cost transparency and market liquidity within the trading of middle East crude oil and other power items. As such, and to fulfill the regulatory requirements of the Dubai financial functions Authority, they can have to retain the maximum requisites of suggestions administration.”

He introduced: “EMC’s suggestions Infrastructure solutions that we've deployed allow us to meet these excessive specifications through guaranteeing that their advice is stored and managed in an optimally cozy manner. This solution additionally presents us the scalability they should deal with the raise in records because the DME’s operations grow.”

The DME storage infrastructure is based on two EMC Symmetrix DMX-three® sequence high performance storage platforms to deal with data storage and disaster recuperation, with one system deployed at DME within the Dubai foreign monetary Centre and the different at an off-site catastrophe restoration centre. DME has also deployed several EMC tips administration application options to manage native and far flung storage and commercial enterprise-huge backup and healing.

Mohammed Amin, general supervisor, EMC center East and North Africa, commented: “Managing the extent of suggestions created by using an international economic change in a way required by regulators and merchants, requires the optimum requisites of information management options. The DME is without doubt one of the vicinity’s agencies it is embracing the thought of information lifecycle management (ILM) – storing and managing data in keeping with its value to the business. EMC is delighted to work with DME on constructing its ILM approach.”

The Dubai Mercantile trade limited’s (DME) establishment of an trade inner the Dubai foreign Finance Centre (DIFC) is discipline to regulatory approval from the Dubai fiscal features Authority (DFSA) to be licensed as an authorised Market institution to function as an change internal the DIFC.  in addition, all clearing and contract features to be supplied through the new york Mercantile trade to DME are field to the manhattan Mercantile alternate fitting known by the DFSA to function a far off clearinghouse in the DIFC and discipline to the overview and / or approval of the Commodity Futures buying and selling fee. except the above regulatory approvals have been granted, no buying and selling on the DME will be accepted and no person might be admitted as a member of the DME.

in regards to the Dubai Mercantile ExchangeThe Dubai Mercantile exchange constrained (DME), a joint venture between the long island Mercantile trade, Inc. (NYMEX) and Tatweer, goals to turn into the premier commodity and energy futures trade within the core East, featuring a financially relaxed, neatly-regulated and transparent buying and selling ambiance.The trade will initially increase and trade an Oman Crude Oil Futures Contract and two financially settled futures contracts, the Brent-Oman unfold Contract and a WTI-Oman spread Contract. this will address a growing to be market want for cost discovery of core East bitter Crude Oil whereas simultaneously bridging the time zone hole between Europe and Asia with the aid of featuring for the buying and selling of energy futures, options and other products.The DME may be a totally digital alternate. although, in a different thought, it is going to also collect a group of traders that will operate from individual buying and selling stations on the alternate's ground, which will be found inside the Dubai international fiscal Centre (DIFC), the vicinity's main economic features centre.The DME should be regulated with the aid of the Dubai economic features Authority (DFSA), an international classification, unbiased regulator, and all trades accomplished on the change may be cleared through, and assured with the aid of, NYMEX's AA+ rated clearinghouse.

EMC and Symmetrix are registered emblems of EMC supplier.  other trademarks are property of their respective house owners.

 


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