SATSOL and CBSI Sign Agreement to Strengthen Disaster Recovery and Business Continuity

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SATSOL and the Central Bank of Solomon Islands have signed a 24-month Service Level Agreement (SLA) for the provision of colocation and dark fibre services to strengthen the Bank’s disaster recovery and business continuity arrangements.

Under the agreement, SATSOL will provide colocation services at its data centre located at the cable landing station in Lengakiki, Honiara. The facility will allow CBSI to host relevant IT infrastructure at an alternative location, forming part of the Bank’s disaster recovery arrangements.

Colocation is a service that allows an organisation to place its own computer servers, storage equipment and other IT infrastructure in a specialised data centre operated by another service provider. Such facilities are designed to provide a suitable environment for housing critical equipment, including supporting infrastructure such as power, cooling and physical security.

For CBSI, the arrangement provides an alternative location for hosting essential infrastructure, helping the Bank prepare for potential disruptions at its main office.

SATSOL will also provide a dark fibre service, establishing a dedicated fibre-optic link between its data centre and the CBSI office. This connection will enable the Bank to link systems and transfer data between the two locations, supporting reliable connectivity and the implementation of its disaster recovery arrangements.

The agreement marks an important step in strengthening CBSI’s operational resilience by providing telecommunications infrastructure to support the continuity of its critical operations in the event of a disruption.

SATSOL Chief Commercial Officer (CCO) Vivian Wickham said the company was privileged to have been given the opportunity to provide the services to CBSI, describing the Bank as an esteemed organisation and a critical player in the country’s economy.

“We do have the capabilities on the ground in terms of infrastructure and systems, human resources, and we are 100 per cent sure that we will provide the service to the Bank and its services,” Mr Wickham said.

CBSI Deputy Governor Raynold Moveni said the Bank was pleased to engage SATSOL to provide the services, adding that the company had met the Bank’s requirements for third-party service providers.

“We have confidence in you. At CBSI, we have rigorous due diligence and fit-and-proper requirements for any third party providing services to the Bank. By selecting you, it means you have passed all the requirements,” Mr Moveni said.

The 24-month SLA formalises the partnership between CBSI and SATSOL, providing the telecommunications infrastructure needed to support the Bank’s disaster recovery requirements and strengthen its preparedness for potential operational disruptions.

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