This month, Oversea-Chinese Banking Corporation (OCBC Bank) announced that it went live with a S$240 million purpose-built regional data center in the third quarter of 2017.
The 134,500 square foot facility in Singapore is wholly-owned by OCBC Bank and was built to defend the bank against cyber-attacks and security breaches.
Equipped with blast-proof walls, its own back-up power facility and totally independent server rooms and data halls, OCBC boasts 24/7 availability of its banking services and customers can expect zero downtime, even during power or system outages.
The six-storey data center’s impressive cooling and power supply strategy earned the facility recognition for its energy-saving design, operation and management by BCA-IMDA, and will save OCBC half a million Singapore dollars per year.
“As the data center is a critical and core facility for any bank, we wanted a dedicated data center owned by us and not one that is leased. This is to ensure we can have full control over its security and design – so that it is completely tailored to our exact requirements.
“We therefore embarked on a four-year journey to develop our purpose-built data center from ground up – being the first Singapore bank to do so,” said OCBC Head of Group Operations, Mr Lim Khiang Tong.
Located east of Singapore on a 0.5 hectare plot, the facility will service the wider OCBC Group, which incorporates Bank of Singapore, OCBC Wing Hang, Great Eastern, Lion Global Investors and overseas branches across 18 countries.
In other news for the island city-state, Microsoft has teamed up with the largest clean energy provider in Singapore, Sunseap, marking the first clean energy deal in Asia for the tech giant.
The 20-year agreement with Sunseap will bring Microsoft another step closer to its 2018 goal to power 50% of the company’s data center load with renewable energy.
Using rooftop solar panels and bought energy from Sunseap, Microsoft will power one of its newest data centers in what is said to be “the single-largest solar energy portfolio in Singapore to-date”.
Local headlines also revealed last month that Singapore-based data center maintenance firm, Axentel Technologies has been acquired by Ohio-headquartered Park Place Technologies.