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RBA agrees $37m deal for head office data centre replacement

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April 2024

CDC selected by RBA to provide colocation services

CDC has been selected by the Reserve Bank of Australia (RBA) to provide colocation services as part of a $37 million agreement running until March 2034. This partnership will support the RBA’s newly rebranded "CoreMod" (Core Infrastructure Modernisation) program, which focuses on upgrading the critical infrastructure hosting the central bank's application workloads. The agreement marks a significant step in the RBA’s transition from its head office data centre, which is being decommissioned.

Under the CoreMod program, the RBA will relocate its core IT infrastructure to CDC’s facility, ensuring that its systems are housed in a future-proof, secure, and modern environment. The new data centre will support the bank’s ongoing application migration activities, with the design phase already underway. CDC Data Centres will play a key role in ensuring the infrastructure is designed, built, and commissioned in alignment with the bank’s operational requirements.

This transition is part of the RBA’s broader $850 million refurbishment of its headquarters at 65 Martin Place in Sydney. With staff and operations temporarily relocated, the new colocation facility at CDC will provide the central bank with robust infrastructure to maintain the resilience of its critical applications during this period of transformation.

Read more here: RBA agrees $37m deal for head office data centre replacement - Finance - Hardware - Networking - iTnews
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