Responding to growing customer demand in electronic trading and for access to financial markets and internet infrastructure services, Savvis (Nasdaq: SVVS), today announced that it is expanding one of its two premier Chicago data centers.
To serve new and existing clients, Savvis will add approximately 10,000 square feet of raised floor space to its Cermak Road facility in downtown Chicago. The data center will subsequently feature 200 watts per square foot of power.
The expansion serves growing demand from financial customers interested in hosting their trading applications in close proximity to major derivatives markets via Savvis. Customers can also connect to the facility with world-class Ethernet network services, using Savvis' Exchange Express service.
Savvis' expanded Chicago facility will encompass approximately 30,000 square feet of raised floor and enable access to key execution venues, such as the CME Group, among others. It will also serve as one of the global delivery points for the Thomson Reuters Hosting Solution, which is initially being offered in six Savvis data centers (announced October 5, 2009).
The expanded facility offers a full portfolio of technology-agnostic managed hosting and network services, including colocation, virtualized utility services and managed security services, in addition to proximity hosting. Customers will also be able to take advantage of Savvis' Application Transport Network (ATN), which enables optimized network performance, scalability and delivery.
"Chicago is an important financial center, and we are pleased to meet existing demand and expand our proximity hosting and IT infrastructure services on East Cermak," said Varghese Thomas, global head of financial services for Savvis. "The financial services industry is increasingly moving toward converged solutions featuring high-availability application hosting and world-class network access for the leading global trading venues and liquidity pools across all asset classes."
The expanded Chicago data center adds to Savvis' existing portfolio of managed IT infrastructure services for the financial industry. Savvis offers secure, high-availability, direct connectivictivity to hundreds of exchange feeds and other execution venues around the world, such as NASDAQ®, BATS Global Markets and the London Stock Exchange.