SINGAPORE -- Singapore Telecommunications Limited (SingTel), Asia’s leading communications group, has been appointed by Dubai Gold & Commodities Exchange (DGCX) to provide connectivity to its members in countries such as India, Singapore, the US and UK to the DGCX trading platform through SingTel’s Internet Protocol-Virtual Private Network (IP-VPN) service.

This access mechanism is based on SingTel’s ConnectPlus IP-VPN, a high quality, fully managed and secure networking service that provides a single high performance connection to the Internet, Intranet and Extranet environments. This is also SingTel’s first and largest WAN project from the United Arab Emirates (UAE).

DGCX and its participant members such as banks and broking houses all over the world can now enjoy instant data multicasting with SingTel’s IP-VPN service.

DGCX is able to send time-sensitive information regarding commodity prices to them simultaneously and encrypted for security through this network.

Mr Basab Banerjee, DGCX’s General Manager, System and Networking, said: “Electronic trading through a robust telecommunication network is very critical for connecting DGCX to its members located around the globe. SingTel’s extensive global MPLS[1] (IP-VPN) backbone meets our requirement for scalability, security and managed networks and these were strong points in favour of SingTel.”

Singapore Telecommunications Ltd. (SingTel) (OTC: SGTJY)