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guardian
11-21-2009, 09:19 PM
Satlyns and Arabsat Deliver Critical Sat Network For Iraq Bank

by Staff Writers Riyadh, Saudi Arabia (SPX) Nov 09, 2009

Satlynx, a GE company and leading provider of satellite telecommunications, has teamed up with Arabsat the largest Middle-East satellite operator, to deliver a fully redundant satellite network that will provide the foundations of a new extensive communications platform for the Central Bank of Iraq.

The main contractor for this World Bank funded $2.7 million project is Luxembourg-based Iraqi owned firm, Alfa Consult. The network interconnects two Central Bank of Iraq locations in Baghdad with 7 other remote banks in Basrah, Mosul, Anbar, Kirkuk, Najaf, Hilla and Karbala. It forms the backbone over which the Iraqi Payment System (IPS) will run, enabling secure and rapid financial transactions to take place across the country to the benefit of the Iraqi economy. "This is just the latest in a series of investments in the essential communications infrastructure of Iraq," declared Mr. Saleh M. Salman, Head of Payments Dept. at the Central Bank of Iraq., "the IPS system will cut the time required to process financial transactions in Iraq, thanks to the satellite system put in place by Satlynx and Arabsat."

The solution is based on the Satlynx Direct satellite platform, built around iDirect technology, with the main hub based at Satlynx's fully secured Teleport in Leuk, Switzerland. The Satlynx Direct platform with significant cost efficiency through bandwidth optimization enables two-way communications between the main sites in Baghdad and the remote sites throughout Iraq.

Full redundancy is provided at every level of the network, with two satellite terminals installed by Alfa Consult at each location and satellite coverage provided primarily via Arabsat's BADR-4 @ 26 degrees East, with a hot stand-by option on a secondary satellite system.

The decision to base the network on satellite rather than terrestrial connections was an easy one given the unreliability of the infrastructure that remains after decades of neglect and the destruction that has taken place during the recent upheaval in Iraq.

Prime contractor Alfa Consult's Mr. Salar Zahed, Vice President, Director of Marketing, added "The lack of infrastructure has also meant that we had to cope with frequent power outages throughout the installation stages, but nonetheless, we were able to get the job done and deploy a secure and working network thanks to the Satlynx solution".

Ronny Svang, President and CEO of Satlynx is keen to stress the partnership aspect of the project: "All three organizations - ourselves, Alfa Consult and Arabsat - have worked closely together on this vital project and will continue to do so to ensure its long term success - a critical infrastructure component for the Iraqi economy. For our part, we will ensure that the network is monitored with meticulous diligence to ensure continuous service availability".

Khalid Balkheyour, President and CEO of Arabsat, added "As a body of the Arab League, we believe it was definitely Arabsat's role to actively support such an essential project that will constitute yet another important milestone in the recovery of the Iraqi economy."

"We're extremely proud to have been able to join forces with a long-time key and reputable partner like GE's Satlynx to provide the required space connectivity on our BADR-4 satellite, thus significantly contributing to enabling this critical data network with some of our primary capacity."

Satlynx is already operating many critical government and key NGOs' networks across the globe, including numerous major countries' embassies and is now actively supporting the MEA region's public bodies rapidly growing infrastructure deployment needs by folding its 20-years legacy know-how into strategic partnerships with key regional players.

http://www.spacemart.com/reports/SATLYNX_And_ARABSAT_Deliver_Critical_Sat_Network_F or_Iraq_Bank_999.html

scruzman
11-22-2009, 12:20 AM
Progress in the banking sector. THanks Guardian!

Randy_Christine
11-22-2009, 08:04 AM
Loving this ! ! !