Under the terms of the deal, Data Electronics delivers proactive 24/7 monitoring and management of the environment, including secure network and IP connectivity services under a single Service Level Agreement (SLA) backed delivery model.
The scope of the agreement includes fully managed backup and restoration of data coupled with Data Electronics’ proven SAN Storage on Demand service. This SAN Storage on demand facility service provides CurrencyFair with enterprise-class SAN capability, without the need for up front capital investment.
The new contract with Data Electronics highlights CurrencyFair’s growth since their launch in April 2010. CurrencyFair has gone from strength to strength and now provides foreign exchange transfer services for over 1500 clients from over 35 different countries.
Maurice Mortell, CEO of Data Electronics stated, “We are delighted to join forces with a vibrant, pioneering company such as CurrencyFair. The future of Ireland as a digital economy is dependent on revolutionary Irish businesses like CurrencyFair and their success reinforces Ireland’s ability to be the hub for innovation and entrepreneurship worldwide.”
CurrencyFair Managing Director, Brett Meyers said, “Working with Data Electronics reinforces our commitment to excellence in our business. We wanted to clearly show our customers our commitment to the security of their data and availability of the service, so we chose the best data centre partner for our needs. Our business is fully operational 24/7, just like Data Electronics, so it’s the perfect fit in our eyes.”