The enhanced private cloud service enables GlobeOp to offer clients the benefits of full collaboration functions of Microsoft Outlook 2010, without client installation or maintenance. Partnering with Intermedia, the world's largest Microsoft Exchange hosting provider, also facilitates hosting Blackberry Enterprise Server and Windows SharePoint, delivering wireless synchronization and workspace sharing services respectively.

According to a June 2010 InformationWeek survey, 58 percent of business IT professionals are either using or planning to use private clouds to cut IT costs, ensure greater security and quickly scale to meet expanding user demand.

GlobeOp's private cloud service offers clients a tailored, dedicated solution combined with high security and reliability. The partnership with Intermedia can further reduce technology investment for clients, yet offer the benefits of email, scheduling, collaboration and mobility tools. Designed for growing businesses, the hosted applications can be easily scaled to meet individual client requirements.

Ira Rosenblum, managing director, GlobeOp Managed Services, said: "Following extensive research and due diligence, Intermedia stood out among potential technology partners for its innovation, security and ability to deliver the solutions our customers demand on a 24/7 basis. GlobeOp's objective is to offer remarkable services that allow our customers to focus on their core business. Delivering business-critical communications tools through a private cloud is a further demonstration of this commitment."

Private cloud services are a further extension of GlobeOp Managed Services' active-active data center products. GlobeOp also provides business continuity, disaster recovery and data management from this world-class, SAS 70 Type II co-location. All services are supported continuously by GlobeOp's team of experts on a 24/7 basis and according to service level agreements.

Bob Leibholz, senior vice president of sales and business development, of Intermedia, added: "GlobeOp is recognized as being an innovator. Its strong brand presence in the financial services sector means that we can now deliver these cost-effective hosted services in a turnkey package to more small- and mid-sized businesses (SMBs) in this sector. Through this partnership, GlobeOp can offer its customers a fully managed office infrastructure."