Neovest contracts with SunGard for hosting and market data delivery

Neovest contracts with SunGard for hosting and market data delivery

Neovest, a provider of online trading technology, has contracted with SunGard Market Data Services for integrated co-location and market data delivery services.

Under the contract, Neovest will co-locate its applications servers at SunGard's data centre in New Jersey. The applications will also be connected to the PowerData feed, which will provide access to exchange data and market information at the source.

SunGard says its network infrastructure offers multi-redundant delivery paths, helping to achieve full fault tolerance and protection.

Bryce Byers, president and chief executive officer, Neovest, says: "SunGard's experienced staff and redundant infrastructure support the connectivity we need to help keep our applications running at absolute peak performance."

SunGard Market Data Services utilises the SunGard Global Network, which consists of over 25,000 miles of optical fibre extending across North America and Europe.

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