Savvis launches hosted market infrastructure suite

Source: Savvis

Savvis, Inc. (NASDAQ: SVVS), a global leader in cloud infrastructure and hosted IT solutions for enterprises, today announced the launch of the initial phase of Savvis Markets Infrastructure, which allows financial services companies to customise IT and connectivity solutions to fit their needs.

"The flexible technology and commercial model of Savvis Markets Infrastructure allows clients to tailor solutions incorporating a broad range of capabilities, from colocation to managed hosting to cloud, with supplementary compute, storage, security and network services," said Varghese Thomas, global head of financial services for Savvis. "The community also benefits from cost-effective connectivity to market data, execution venues, trading partners and service providers across Savvis' global high-performance, low-latency managed network.

"The purpose-built solutions made possible by Savvis Markets Infrastructure allow firms to focus their IT resources on their own core competencies, in order to differentiate market offerings and deftly respond to future requirements as they arise," Thomas said.

Developed in response to market requests, Savvis Markets Infrastructure introduces a new commercial model for financial services. Future scheduled releases will deliver enhanced network and latency management tools, providing additional operational insight for all market participants.

Leading financial services organisations across the globe — encompassing buy-side, sell-side, liquidity venues and solutions providers — rely on Savvis as the foundation for their trading and IT solutions. Savvis' global footprint of 32 data centers and ultra-low latency and resilient network connectivity - the core capabilities of Savvis Markets Infrastructure - underpin these solutions, reinforced by a depth of experience in supporting the financial markets.

A number of the world's leading liquidity venues — including traditional equities and derivatives exchanges, alternative trading venues such as dark pools and crossing networks, foreign exchange and fixed-income electronic communication networks — already trust Savvis to host their trading systems and matching infrastructure.

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