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Programme Latitude · Initiative

Data-centre co-location

The group runs 14 primary systems and a replica of each. Until 2028 they sit in shared racks in George Town and Luxembourg on commercial terms that give no contractual claim on power, cooling or physical access. Co-location moves them into two halls with contracted capacity and a named operator at each site.

Region
Caribbean
Lead office
George Town
Status
Planned
Start
2028
Sponsor
Ottoline Baskerville-Nakamura

Resilience is a property of a contract as much as of a machine. A shared rack recovers when the operator chooses. A co-located hall recovers to a written objective. The group sets a recovery time objective of four hours for every primary system and one hour for the treasury ledger and the trading record.

The build costs US$13 million of the US$34 million allocated to 2028 and is the largest single line in the programme. Failover between George Town and Luxembourg is tested twice a year with the business running from the replica for a full trading day. No client data leaves the two halls at any point.

Deliverables

  • Two contracted halls, primary in George Town and replica in Luxembourg, live during 2028.
  • A recovery time objective of four hours for primary systems and one hour for the treasury ledger.
  • Failover tested twice a year, with a full trading day run from the replica.
  • Contracted power, cooling and physical access, with a named operator answerable at each site.
  • All 14 primary systems and their replicas migrated without an outage that reaches a client.