Electronic Trading, Thomson Reuters Collaboration and Hosting Demand Fueling Growth
CHICAGO — February 3, 2010 — Responding to growing customer demand in electronic trading and for access to financial markets and internet infrastructure services, Savvis, Inc. (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 connectivity to hundreds of exchange feeds and other execution venues around the world, such as NASDAQ®, BATS Global Markets and the London Stock Exchange. For more information on Savvis financial services visit www.savvis.net/financial.
Savvis currently operates 28 data centers globally, with more than 1.4 million square feet of high-quality, raised floor space, which is designed to support enterprise IT operations. In addition, Savvis is positioned as a leader in the Gartner Magic Quadrant for Web Hosting and Cloud Infrastructure (on Demand), 2009 www.savvis.net/magicquadrantleader.
Savvis, Inc. (NASDAQ:SVVS) is a global leader in outsourced internet infrastructure services for the enterprise. More than 4,000 customers, including 40% of the top 100 companies in the Fortune 500, use Savvis to reduce capital expense, improve service levels and harness the latest advances in cloud computing. For more information about Savvis, visit www.savvis.net.
Savvis Forward-Looking Statements
This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from Savvis’ expectations. Certain factors that could affect actual results are set forth as risk factors in Savvis’ SEC reports and filings, including its annual report on Form 10-K and all subsequent filings as well as the risk that potential product cost and performance benefits may not be realized for any particular customer. Savvis assumes no obligation to update or supplement forward-looking statements.