News & Events

Penta Corporate Hosting Joins Dubai International Financial Centre

From Left to Right: Abdulla Al Awar, Managing Director, DIFC Authority. Farhad Khalilnia, CEO Penta Corporate Hosting Ltd.

Penta Corporate Hosting is part of Penta Consulting, a company established in Geneva, Switzerland in 1996. The company provides a complete suite of hosting solutions with the goal of delivering applications anytime, anywhere. Penta’s model of service gives financial institutions the flexibility to scale their IT infrastructures without the upfront expense of buying the physical hardware, licenses and redundancy which are necessary to ensure 100% uptime.

Farhad Khalilnia, CEO of Penta said: “From its inception, Penta has treated client information with the same level of privacy and security found in a private bank.  Joining DIFC is a reflection of our commitment to provide high-performing technology solutions with the same level of privacy and security as provided by the world’s finest banking and financial institutions.  We look forward to leveraging our position within DIFC to bring our ‘private banking’ model of IT services to new markets.”

Abdulla Al Awar, Managing Director of DIFC Authority said: “Advanced IT infrastructure is a critical requirement for financial service providers, whose operational efficiency depends on the timely, accurate and secure dissemination of accurate information. With its vast expertise in delivering managed hosting services, Penta Corporate Hosting will add considerable value to the pool of expertise available for financial services providers in DIFC. We look forward to supporting Penta in establishing its operations and expanding its business.”      

      
Penta’s technology partners include leading providers such as Microsoft (Gold Certified Partner), VMWare (Enterprise Partner), HP, Cisco, Citrix, Checkpoint, IBM, BlackBerry and many more.  The company’s data hosting facilities include two world-class mirrored data centers (Geneva and Zurich, Switzerland) and its new state-of-the-art data centre in DIFC (Dubai). These facilities provide 24/7 redundant services that ensure optimum performance, business continuity and disaster recovery.

Penta Corporate Hosting will be the only provider of its kind to offer managed application hosting services within the DIFC district. “The timing of our entry to DIFC could not be better. In today’s economy, as businesses are looking to optimise their IT expenditures, we strongly believe that Penta can help keep costs under control with predictable pricing, while still providing the flexibility to grow when demand resumes”, said Khalilnia.  “Additionally, Penta is fully compliant with industry standards including SAS70 Type II certification, which assures financial clients that we meet the highest standards for IT auditing and security and have the appropriate controls and safeguards in place,” added Khalilnia.

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About Penta
Penta is an information system management company - Limited Company under Swiss Jurisdiction - founded in 1996 and based in Geneva, Switzerland with a second location which opened in Dubai (DIFC) in January 2009. Our mission is to bring top quality service to our clients and build a broad partnership resulting in handling all information needs under one roof. When partnering with Penta, your organization can benefit from utmost reliability, security, and industry expertise. Penta offers around the clock, world-class dedicated and secure infrastructure to its customers. We're always looking for new ways that technology can assist our clients stay highly competitive. This results in a win-win partnership and the assurance of high (ROI) Return On Investment for our clients.  Additional information is available at www.penta.ch

About DIFC

The Dubai International Financial Centre (DIFC) is the financial and business hub connecting the region’s emerging markets with the developed markets of Europe, Asia and the Americas.
 
Since its launch in 2004, DIFC, a purposely built financial free zone, has been committed to encouraging economic growth and development in the region through its strong financial and business infrastructure. Currently, DIFC's client base comprises over 800 active registered firms, including 18 of the top 25 global banks, 8 of the largest global asset managers, 6 of the 10 largest insurers and 6 of the top 10 law firms in the world. More than 11 thousand employees operate in an open environment complemented by international legal and regulatory standards. DIFC offers its member companies benefits such as 100 per cent foreign ownership, zero per cent tax rate, with no restriction on capital convertibility or profit repatriation. DIFC has its own independent financial and ancillary services regulatory body, the Dubai Financial Services Authority (DFSA). It also has the DIFC Courts, which is an independent common law judiciary based in DIFC with jurisdiction over civil and commercial disputes in or relating to the Centre.
 
DIFC is built upon a modern legal, regulatory and physical infrastructure which makes it the destination of choice for Financial Services firms establishing a presence in the region.