The Bombay Stock Exchange (BSE) has partnered with CtrlS Datacenters to manage the infrastructure supporting its daily trading operations, which process over 700 crore transactions. The collaboration highlights the increasing dependence of financial markets on high-availability data centres.
BSE, Asia’s oldest stock exchange, relies on real-time transaction processing for its 11 crore investors. CtrlS, a Rated-4 data centre provider, will supply the infrastructure, though financial details remain undisclosed.
With electronic trading dominating markets, exchanges require near-zero downtime. “Data centre infrastructure is crucial for stock exchanges,” said Sundararaman Ramamurthy, MD & CEO of BSE. “The shift to electronic trading has been a significant factor in the stock exchanges’ use of data centres.”
“In all aspects of our operations, we do leverage technology. We ensure that the technology is world-class and is capable of supporting critical transactions. Our digital fabric is supported by robust infrastructure core and that means good data centers,” said BSE head.
CtrlS claims its infrastructure meets BSE’s demands for speed and security. “We have engineered our solutions to deliver uncompromising reliability, microsecond-level performance, and ironclad security that BSE’s operations demand,” said Sridhar Pinnapureddy, Founder and CEO, CtrlS Datacenters.
BSE, ranked sixth globally by market capitalisation (₹400 lakh crore), operates India INX in GIFT City—a 22-hour trading platform. The exchange also supports SMEs, having helped 568 firms raise over ₹9,000 crore.
India’s data centre market, valued at $1.2 billion, is growing at 15% annually, with financial services contributing nearly 30% of demand. However, past incidents—like BSE’s 2023 derivatives trading glitch—highlight operational risks. CtrlS did not comment on redundancy measures for such scenarios.
Both firms emphasise sustainable growth. Ramamurthy noted CtrlS’s “commitment to sustainable growth aligns with our goals in the country’s larger vision of Viksit Bharat 2047.” However, industry reports indicate most Indian data centres still rely on grid power, which is predominantly coal-based.
“We trust CtrlS with its world-class digital infrastructure to support our operations, but more than that, it is their commitment to sustainable growth that aligns with our goals in the country’s larger vision of Viksit Bharat 2047,” said BSE chief.
