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OILspace recognizes how important uninterrupted access to critical energy market information and business applications are to our
clients. Our clients require information and tools in real-time, all the time - to profit in the most demanding and dynamic markets in the
world. Our systems empower market participants on both the buy and sell sides of energy supply activities to discover and take advantage
of market opportunities. Financial decisions are made every second, so there’s no tolerance for failure.
Since 2001, OILwatch, our energy market information portal, has an uptime availability of 99.998% on a 24/5 basis.
We've built our systems and continue to deploy solutions that support important business drivers both technically, and
functionally for the user, based on these themes:
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The platform must be reliable delivering current global products and fast rollout of new features and services that will bring a competitive advantage in the marketplace. |
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The platform must provide uninterrupted access to systems, data and tools, delivering industry best practices for rapid response backup, notification, escalation and recovery. |
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OILspace has a completely redundant disaster recovery co-location site that fully duplicates our main server and data with dual
devices. If for any reason there is a failure, our disaster recovery site takes over. Any outages or interruptions to data feeds are
detected instantly and automatically by network activity and network component failure reports. Our developers perform regular
automatic and manual checks on disaster recovery site to ensure that it is a working replica of our production site. Additionally we run full systems
restoration tests on a regular basis, evaluating recovery speeds and procedures.
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