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Technology, Communications & Digital Security · TCDS Musrefy Award 2026

Communications & Digital Infrastructure Award

Honours reliable digital infrastructure that keeps financial services connected and running.

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How this award is scored

Evaluation
100% automatic, from the data and evidence you submit
Minimum score to win
70 / 100
Measurement period
The last full financial year before nominations open (2025), compared with 2024 for growth measures

Who can apply

  • A licensed telecoms, data-centre, cloud or network provider serving licensed financial institutions
  • Serving at least three licensed financial institutions during the period
  • Serving the financial sector for at least three years
  • No final material regulatory or judicial sanction against the nominee during the measurement period

Indicators and weights

  1. Availability for financial clients

    Average actual availability of services to financial institutions in 2025, excluding agreed maintenance

    20%

    Points

    • 99.99 – < 100 % 100
    • 99.95 – < 99.99 % 80
    • 99.9 – < 99.95 % 50
    • 95 – < 99.9 % 20

    Evidence

    Monthly service level reports sent to clients

  2. Mean time to restore

    Average hours between the start of an outage affecting a financial client and full service restoration in 2025

    15%

    Points

    • ≥ 12 hours 15
    • 4 – < 12 hours 45
    • 1 – < 4 hours 75
    • 0 – < 1 hours 100

    Evidence

    Incident log with start and restoration times

  3. Months with an SLA breach

    Number of the 12 months of 2025 in which at least one contracted service level for financial clients was breached

    15%

    Points

    • 4 – < 12 10
    • 2 – < 4 40
    • 1 – < 2 70
    • 0 – < 1 100

    Evidence

    Monthly service level reports and any penalty or credit log

  4. Facility tier certification

    Highest valid certification of the main data centre or network centre serving financial clients (Uptime Institute, TIA-942 or equivalent)

    15%

    Points

    • Tier IV / Rated 4100
    • Tier III / Rated 375
    • Tier II / Rated 235
    • Not certified0

    Evidence

    The valid certificate

  5. Recovery tests within target time

    Share of disaster recovery tests run in 2025 that restored service within the contracted recovery time objective

    10%

    Points

    • 95 – < 100 % 100
    • 80 – < 95 % 80
    • 50 – < 80 % 50
    • 0 – < 50 % 10

    Evidence

    Recovery test reports signed by clients or the auditor

  6. Share of country banks served

    Licensed banks in the nominee's main market (the country where it serves the most banks) relying on it for a critical service (connectivity, hosting, cloud, network) under a contract in force at end-2025, as a share of all licensed banks there, so a provider in a small market competes on equal terms

    15%

    Points

    • 50 – < 100 % 100
    • 25 – < 50 % 80
    • 10 – < 25 % 50
    • 0 – < 10 % 20

    Evidence

    List of bank clients with service contracts, and the central bank's list of licensed banks

  7. Information security and continuity certificates

    Valid certificates: ISO/IEC 27001 for information security and ISO 22301 for business continuity

    10%

    Points

    • Both valid100
    • One valid50
    • Neither0

    Evidence

    Copies of the valid certificates

Each indicator gives 0 to 100 points; its share of the total is its weight. Ties are decided by the indicators listed first in the scorecard; payment or package never affects the score.

Cycle timeline

  1. Done

    Nominations open

  2. Upcoming

    Nominations close

  3. Upcoming

    Judging starts

  4. Upcoming

    Judging ends

  5. Upcoming

    Results announced

Times are in Asia/Riyadh (UTC+03:00).

Results

Results are announced only after final approval.

Finalists and winners will appear here once the results have been approved and published.