Eze Castle Integration, a leading provider of technology and IT services to hedge funds and investment firms, today announced a 26 percent revenue increase in 2008 year-over-year from the first half of 2007, and over 60 new clients.
Eze Castle's continued growth and expansion in 2008 demonstrates the company's market leadership and demand for its deep and diversified IT expertise within the financial services market.
2008 growth is also attributed to the rapid demand for Eze Castle's outsourced services, disaster recovery solutions and storage area network offerings, with second quarter service revenues up 42 percent year-over-year from 2007. Eze Castle also expanded its data center operations to Chicago and San Francisco to fulfill customer demand for colocation services.
Already supporting over 500 clients worldwide, Eze Castle added over 60 new customers in the first half of 2008. The company recently launched its Chicago operations to support its growing client base of hedge funds, fund-of-fund and trading communities in the Midwest. In addition, Eze Castle's Managed Suites in New York City are at full capacity, with firms utilizing the company's end-to-end business and technology services for complete operational support.
"We are committed to providing clients proven technology solutions, technical expertise and 24x7 support that minimizes infrastructure risk and enhances operations," said John Cahaly, chief executive officer of Eze Castle Integration. "Our 2008 growth demonstrates that we are focused on anticipating and managing the technology needs of hedge funds and investment firms worldwide. We expect further growth through the remainder of 2008 with increased services and solutions to fit the needs of our ever-growing client base."
Eze Castle's 2008 highlights include:
- Full capacity at its New York City Eze Managed Suites.
- An expanded U.S. presence with a new office in Chicago.
- Industry recognition from the channel community with rankings within Everything Channel's CRN Fast Growth 100 and the VARBusiness 500 listing of top U.S. service providers.
- Revenue growth from the first half of 2007 to the first half of 2008 at 26 percent.
- Adding over 60 new clients in first half of 2008.
- Expanding its data center footprint in Chicago and San Francisco.