Chicago CH4 Will Serve as Backup Facility for all Three of BATS' U.S. Markets; Build Out of Secondary Facility to Be Completed This Year
KANSAS CITY, Mo. and ST. LOUIS, Jan. 18, 2012 /PRNewswire/ -- BATS Global Markets (BATS), a global operator of stock and options markets, and Savvis, a CenturyLink (NYSE:CTL - News) company and an outsourcing provider of managed computing and network infrastructure for IT applications, today announced that BATS will use Savvis' Chicago CH4 data center as its secondary data center facility for all three of its U.S. markets.
In the U.S., BATS operates two equities exchanges, the BZX Exchange and BYX Exchange, and an equity options market, BATS Options. The primary matching engines and associated trading infrastructure for these three markets are already hosted in Savvis' Weehawken, N.J. data center, meaning Savvis will now provide both primary and secondary disaster recovery (DR) data centers for BATS' U.S. operations. BATS has also extended its existing services contract for hosting at Savvis' Weehawken facility.
"We believe the Savvis CH4 data center in Chicago is the right place to serve as our secondary site for our three U.S. markets because of the rich ecosystem of trading participants and cutting-edge, scalable IT services and connectivity options," said Chris Isaacson, chief operating officer for BATS. "Savvis has a proven track record in hosting our infrastructure, as well as a number of other execution facilities, and we are pleased to expand our partnership with them in the U.S."
"We're delighted that BATS has chosen our Chicago facility as their new secondary data center," said Varghese Thomas, global head of financial services for Savvis. "We look forward to offering BATS trading participants a range of low latency, resilient and scalable connectivity options."
BATS currently uses a data center facility in Nutley, N.J., as the DR site for the backup of its BZX Equities Exchange. The migration of the BZX Exchange DR site and the build out of the BYX Exchange and BATS Options DR sites in the Savvis Chicago CH4 facility will be completed this year. A detailed implementation schedule will be distributed to trading participants in due course.
For more information, BATS members can contact their sales director or the BATS Trade Desk at 913.815.7001 or email@example.com.
For further information about Savvis' financial services, please visit www.savvis.com/financial.
About BATS Global Markets
BATS Global Markets (BATS) is a leading operator of stock and options markets around the globe. BATS operates two stock exchanges in the U.S., the BATS BZX Exchange and BYX Exchange; BATS Options, a U.S. equity options market; and BATS Europe and Chi-X Europe, which operate FSA-authorized multilateral trading facilities. BATS' innovative and proprietary technology was developed by a dedicated core team of market and technology professionals, catering to the needs of the broker-dealer and trading community. The company is headquartered in the Kansas City, Mo., area with additional offices in New York and London. For more information, visitwww.batsglobalmarkets.com.
BATS ... Making Markets Better.
Savvis, a CenturyLink company, is a global leader in cloud infrastructure and hosted IT solutions for enterprises. Nearly 2,500 unique clients, including more than 30 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.
CenturyLink is the third largest telecommunications company in the United States. The company provides broadband, voice, wireless and managed services to consumers and businesses across the country. It also offers advanced entertainment services under the CenturyLink™ Prism™ TV and DIRECTV brands. In addition, the company provides data, voice and managed services to enterprise, government and wholesale customers in local, national and select international markets through its high-quality advanced fiber optic network and multiple data centers. CenturyLink is recognized as a leader in the network services market by key technology industry analyst firms, and is a global leader in cloud infrastructure and hosted IT solutions for enterprises through Savvis, a CenturyLink company. CenturyLink's customers range from Fortune 500 companies in some of the country's largest cities to families living in rural America. Headquartered in Monroe, La., CenturyLink is an S&P 500 company and is included among the Fortune 500 list of America's largest corporations.