The private cloud solution, which incorporates 40 terabytes of storage, was selected, sourced and implemented in partnership with Computacenter in a deal worth £1.2 million.
David Farlam, Infrastructure Analyst at Spreadex, commented: “The new private cloud environment will give us the scalability and stability we need to support our business as it continues to grow.”
Headquartered in the UK, Spreadex offers financial spread betting, sports spread betting and fixed-odds betting. The company turnover has increased by 14 per cent to £29.4 million in the past twelve months, and has seen profits before tax rise 25 per cent to £14.4 million in the same period, due to both organic and acquisitional growth.
As well as underpinning the thousands of betting and trading transactions made every day by Spreadex customers, the environment will also support back office systems.
“The nature of our business means that we need all our systems to be highly available,” comments David. “By basing our private cloud on a converged infrastructure stack from HP, we will be able to provide the security, availability and performance that our customers have come to expect.”
Computacenter is playing a key role in the project, assisting Spreadex with technology evaluations and enabling replication between the company’s two datacenters in London and St Albans.
Neil Eke, Director of Datacenter, Storage and Cloud at Computacenter, commented: “The private cloud will provide Spreadex with rapid and robust disaster recovery capabilities, which will help prevent service outages on its online trading and betting platforms.”
Based on HP 3Par StoreServ 7400, Brocade Switching, MSL 4048 tape library and HP Gen 8 blade servers, the new platform is expected to go live by the end of December 2013.
Dave comments: “With the right IT foundations in place, we will be able to focus on further increasing our market share in financial and sports spread betting in line with our business goals.”
